Fidelity Advisor Mortgage Securities Fund - Class Z (FIKUX)

The Fidelity Advisor Mortgage Securities Fund - Class Z (FIKUX) is a mutual fund that primarily invests in mortgage-backed securities. These securities are debt instruments that are backed by a pool of mortgages, providing investors with a steady stream of income. The fund is managed by Fidelity Investments and is designed for investors seeking a high level of current income. Class Z shares typically have lower fees and are available to institutional investors.