Morningstar

Fidelity Advisor Mortgage Securities Fund - Class Z FIKUX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 9.45  /  +0.43 %
  • Total Assets 688.5M
  • Adj. Expense Ratio
    0.360%
  • Expense Ratio 0.360%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Government Mortgage-Backed Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 4.26%
  • Effective Duration 5.29 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:11 AM GMT+0

Morningstar’s Analysis FIKUX

Will FIKUX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FIKUX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FIKUX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FIKUX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A compelling diversified mortgage offering.

Senior Analyst Max Curtin

Max Curtin

Senior Analyst

Summary

Fidelity Mortgage Securities’ combination of experienced structured product investors and strong quantitative capabilities continue to inspire confidence.

by Max Curtin
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FIKUX

More FIKUX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 21.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal National Mortgage Association 2%

5.57 42M
Securitized

Government National Mortgage Association 5.5%

5.09 39M
Securitized

Federal National Mortgage Association 2%

1.62 12M
Securitized

Federal Home Loan Mortgage Corp. 5%

1.50 11M
Securitized

United States Treasury Notes 3.5%

1.26 10M
Government

Government National Mortgage Association 5.5%

1.13 9M
Securitized

Federal Home Loan Mortgage Corp. 3.5%

1.09 8M
Securitized

Government National Mortgage Association 4.5%

1.07 8M
Securitized

Government National Mortgage Association 5%

1.05 8M
Securitized

Government National Mortgage Association 6%

1.02 8M
Securitized

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