Quarterly Holdings Report
for
Fidelity Advisor® Global Equity Income Fund
July 31, 2020
AGED-QTLY-0920
1.938155.108
Schedule of Investments July 31, 2020 (Unaudited)
Showing Percentage of Net Assets
Common Stocks - 98.9% | | | |
| | Shares | Value |
Australia - 0.5% | | | |
Ansell Ltd. | | 4,259 | $116,997 |
Bailiwick of Guernsey - 0.2% | | | |
Amdocs Ltd. | | 869 | 53,965 |
Bailiwick of Jersey - 0.4% | | | |
Clarivate Analytics PLC (a) | | 2,819 | 77,945 |
Belgium - 0.3% | | | |
KBC Groep NV | | 1,296 | 73,893 |
Bermuda - 0.7% | | | |
Dairy Farm International Holdings Ltd. | | 3,579 | 15,378 |
Hiscox Ltd. | | 3,010 | 30,796 |
IHS Markit Ltd. | | 1,315 | 106,160 |
|
TOTAL BERMUDA | | | 152,334 |
|
Brazil - 0.4% | | | |
Equatorial Energia SA | | 13,117 | 64,195 |
Suzano Papel e Celulose SA (a) | | 3,078 | 24,782 |
|
TOTAL BRAZIL | | | 88,977 |
|
Canada - 3.7% | | | |
Alimentation Couche-Tard, Inc. Class B (sub. vtg.) | | 4,539 | 157,744 |
Constellation Software, Inc. | | 226 | 267,324 |
Fairfax Financial Holdings Ltd. (sub. vtg.) | | 106 | 33,212 |
Imperial Oil Ltd. | | 5,459 | 85,383 |
Open Text Corp. | | 2,916 | 131,252 |
Restaurant Brands International, Inc. | | 900 | 50,831 |
Suncor Energy, Inc. | | 3,557 | 55,953 |
Waste Connection, Inc. (Canada) | | 367 | 37,510 |
|
TOTAL CANADA | | | 819,209 |
|
Cayman Islands - 0.7% | | | |
SITC International Holdings Co. Ltd. | | 145,170 | 145,539 |
China - 1.3% | | | |
Kweichow Moutai Co. Ltd. (A Shares) | | 783 | 188,385 |
Qingdao Port International Co. Ltd. (H Shares) (b) | | 51,000 | 28,888 |
Shanghai International Airport Co. Ltd. (A Shares) | | 6,060 | 59,017 |
|
TOTAL CHINA | | | 276,290 |
|
Denmark - 0.5% | | | |
A.P. Moller - Maersk A/S Series B | | 32 | 41,198 |
DSV A/S | | 551 | 75,568 |
|
TOTAL DENMARK | | | 116,766 |
|
France - 3.1% | | | |
Capgemini SA | | 811 | 104,607 |
Elior SA (b) | | 8,582 | 47,412 |
LVMH Moet Hennessy Louis Vuitton SE | | 281 | 122,191 |
Sanofi SA | | 1,914 | 200,964 |
SR Teleperformance SA | | 379 | 110,405 |
VINCI SA | | 1,199 | 103,192 |
|
TOTAL FRANCE | | | 688,771 |
|
Germany - 1.9% | | | |
Delivery Hero AG (a)(b) | | 166 | 19,116 |
Deutsche Post AG | | 1,556 | 63,158 |
Hannover Reuck SE | | 334 | 56,419 |
Linde PLC | | 531 | 129,289 |
SAP SE | | 891 | 140,647 |
|
TOTAL GERMANY | | | 408,629 |
|
Hong Kong - 0.7% | | | |
AIA Group Ltd. | | 17,440 | 157,255 |
India - 2.5% | | | |
HDFC Asset Management Co. Ltd. (b) | | 1,037 | 33,491 |
HDFC Bank Ltd. sponsored ADR | | 997 | 46,610 |
Indian Energy Exchange Ltd. (b) | | 24,077 | 57,589 |
Petronet LNG Ltd. | | 16,948 | 56,067 |
Redington India Ltd. | | 36,811 | 44,466 |
Reliance Industries Ltd. | | 8,888 | 245,227 |
Reliance Industries Ltd. (a) | | 592 | 9,303 |
Tech Mahindra Ltd. | | 5,606 | 51,005 |
|
TOTAL INDIA | | | 543,758 |
|
Indonesia - 0.4% | | | |
PT Bank Mandiri (Persero) Tbk | | 217,869 | 86,592 |
Ireland - 1.6% | | | |
Accenture PLC Class A | | 1,024 | 230,175 |
Linde PLC | | 500 | 122,555 |
|
TOTAL IRELAND | | | 352,730 |
|
Italy - 0.9% | | | |
Recordati SpA | | 2,009 | 107,061 |
Reply SpA | | 1,100 | 100,420 |
|
TOTAL ITALY | | | 207,481 |
|
Japan - 6.7% | | | |
Arata Corp. | | 875 | 41,495 |
Astellas Pharma, Inc. | | 6,027 | 94,009 |
Aucnet, Inc. | | 1,961 | 20,897 |
Daiichikosho Co. Ltd. | | 2,063 | 55,446 |
Daiwa Industries Ltd. | | 4,861 | 37,885 |
Hoya Corp. | | 3,532 | 347,678 |
Inaba Denki Sangyo Co. Ltd. | | 4,053 | 92,849 |
Jm Holdings Co. Ltd. | | 7,637 | 264,415 |
Kenedix, Inc. | | 6,800 | 30,899 |
Minebea Mitsumi, Inc. | | 3,544 | 58,119 |
Nippon Telegraph & Telephone Corp. | | 3,363 | 78,060 |
Sony Corp. | | 2,949 | 229,123 |
Tsuruha Holdings, Inc. | | 873 | 120,326 |
|
TOTAL JAPAN | | | 1,471,201 |
|
Kenya - 0.5% | | | |
Safaricom Ltd. | | 397,015 | 103,721 |
Korea (South) - 1.4% | | | |
Samsung Electronics Co. Ltd. | | 6,467 | 313,113 |
Luxembourg - 1.6% | | | |
B&M European Value Retail SA | | 60,037 | 363,864 |
Multi-National - 0.7% | | | |
HKT Trust/HKT Ltd. unit | | 101,270 | 149,220 |
Netherlands - 2.1% | | | |
Koninklijke Philips Electronics NV | | 1,620 | 83,707 |
NXP Semiconductors NV | | 1,291 | 151,731 |
Unilever NV | | 3,857 | 227,911 |
|
TOTAL NETHERLANDS | | | 463,349 |
|
New Zealand - 0.1% | | | |
Auckland International Airport Ltd. | | 5,200 | 22,002 |
Poland - 0.4% | | | |
CD Projekt RED SA (a) | | 883 | 94,775 |
Sweden - 0.8% | | | |
Ericsson (B Shares) | | 11,212 | 130,452 |
Indutrade AB (a) | | 1,020 | 51,440 |
|
TOTAL SWEDEN | | | 181,892 |
|
Switzerland - 4.9% | | | |
Barry Callebaut AG | | 17 | 35,299 |
Chubb Ltd. | | 1,103 | 140,346 |
Nestle SA (Reg. S) | | 2,799 | 332,862 |
Roche Holding AG (participation certificate) | | 1,119 | 387,573 |
Sika AG | | 710 | 155,656 |
Swiss Re Ltd. | | 525 | 41,427 |
|
TOTAL SWITZERLAND | | | 1,093,163 |
|
Taiwan - 2.1% | | | |
Poya International Co. Ltd. | | 3,565 | 74,549 |
Taiwan Semiconductor Manufacturing Co. Ltd. | | 26,621 | 386,541 |
|
TOTAL TAIWAN | | | 461,090 |
|
Thailand - 0.3% | | | |
Thai Beverage PCL | | 144,135 | 67,601 |
United Kingdom - 8.4% | | | |
AstraZeneca PLC: | | | |
(United Kingdom) | | 1,691 | 186,821 |
sponsored ADR | | 4,985 | 278,063 |
BP PLC | | 27,889 | 101,000 |
Compass Group PLC | | 13,948 | 191,800 |
Cranswick PLC | | 2,530 | 118,561 |
Diageo PLC | | 2,567 | 93,928 |
Hilton Food Group PLC | | 16,507 | 238,116 |
Informa PLC | | 4,500 | 21,337 |
John David Group PLC | | 7,939 | 62,935 |
London Stock Exchange Group PLC | | 1,252 | 138,295 |
Reckitt Benckiser Group PLC | | 1,436 | 143,987 |
RELX PLC (London Stock Exchange) | | 7,712 | 163,034 |
St. James's Place Capital PLC | | 3,632 | 44,795 |
Victrex PLC | | 2,463 | 60,419 |
WH Smith PLC | | 1,619 | 19,921 |
|
TOTAL UNITED KINGDOM | | | 1,863,012 |
|
United States of America - 49.1% | | | |
AbbVie, Inc. | | 1,367 | 129,742 |
Altria Group, Inc. | | 3,096 | 127,400 |
Ameren Corp. | | 2,051 | 164,572 |
American Tower Corp. | | 1,444 | 377,447 |
AMETEK, Inc. | | 1,360 | 126,820 |
Amgen, Inc. | | 1,489 | 364,314 |
Apple, Inc. | | 2,885 | 1,226,242 |
Bank of America Corp. | | 8,013 | 199,363 |
Becton, Dickinson & Co. | | 329 | 92,561 |
Berkshire Hathaway, Inc. Class B (a) | | 864 | 169,154 |
BJ's Wholesale Club Holdings, Inc. (a) | | 2,301 | 92,155 |
BlackRock, Inc. Class A | | 130 | 74,751 |
Bristol-Myers Squibb Co. | | 3,548 | 208,126 |
Capital One Financial Corp. | | 2,396 | 152,865 |
Charter Communications, Inc. Class A (a) | | 151 | 87,580 |
Chevron Corp. | | 1,925 | 161,585 |
Cisco Systems, Inc. | | 3,370 | 158,727 |
Citigroup, Inc. | | 3,618 | 180,936 |
ConocoPhillips Co. | | 2,589 | 96,803 |
Crown Holdings, Inc. (a) | | 389 | 27,845 |
Danaher Corp. | | 780 | 158,964 |
Dollar Tree, Inc. (a) | | 778 | 72,626 |
Eli Lilly & Co. | | 1,063 | 159,758 |
Equifax, Inc. | | 340 | 55,270 |
Estee Lauder Companies, Inc. Class A | | 389 | 76,843 |
Exxon Mobil Corp. | | 1,100 | 46,288 |
Fidelity National Information Services, Inc. | | 681 | 99,637 |
Fortive Corp. | | 1,156 | 81,140 |
General Dynamics Corp. | | 515 | 75,571 |
General Electric Co. | | 22,320 | 135,482 |
JPMorgan Chase & Co. | | 2,470 | 238,701 |
Kroger Co. | | 3,975 | 138,290 |
Lennar Corp. Class A | | 1,210 | 87,544 |
Lowe's Companies, Inc. | | 2,355 | 350,683 |
M&T Bank Corp. | | 920 | 97,474 |
Marsh & McLennan Companies, Inc. | | 649 | 75,673 |
McCormick & Co., Inc. (non-vtg.) | | 184 | 35,862 |
Microsoft Corp. | | 5,090 | 1,043,501 |
MSCI, Inc. | | 370 | 139,113 |
NextEra Energy, Inc. | | 638 | 179,087 |
Northrop Grumman Corp. | | 291 | 94,578 |
NRG Energy, Inc. | | 2,223 | 75,160 |
PepsiCo, Inc. | | 1,386 | 190,797 |
PG&E Corp. (a) | | 2,100 | 19,635 |
Philip Morris International, Inc. | | 919 | 70,588 |
Phillips 66 Co. | | 557 | 34,545 |
Qualcomm, Inc. | | 1,503 | 158,732 |
Raymond James Financial, Inc. | | 713 | 49,539 |
Roper Technologies, Inc. | | 304 | 131,465 |
Royalty Pharma PLC | | 400 | 17,220 |
S&P Global, Inc. | | 456 | 159,714 |
Starbucks Corp. | | 1,100 | 84,183 |
Sysco Corp. | | 1,700 | 89,845 |
T-Mobile U.S., Inc. (a) | | 2,020 | 216,908 |
Tapestry, Inc. | | 2,294 | 30,648 |
The J.M. Smucker Co. | | 1,056 | 115,474 |
The Travelers Companies, Inc. | | 1,178 | 134,787 |
The Walt Disney Co. | | 1,520 | 177,749 |
Tiffany & Co., Inc. | | 810 | 101,542 |
UnitedHealth Group, Inc. | | 912 | 276,135 |
Valero Energy Corp. | | 551 | 30,983 |
Verizon Communications, Inc. | | 3,258 | 187,270 |
Visa, Inc. Class A | | 1,402 | 266,941 |
Vistra Corp. | | 5,394 | 100,652 |
Walmart, Inc. | | 1,684 | 217,910 |
WEC Energy Group, Inc. | | 706 | 67,254 |
Wells Fargo & Co. | | 6,286 | 152,498 |
WestRock Co. | | 1,100 | 29,546 |
|
TOTAL UNITED STATES OF AMERICA | | | 10,848,793 |
|
TOTAL COMMON STOCKS | | | |
(Cost $16,218,153) | | | 21,863,927 |
|
Nonconvertible Preferred Stocks - 0.4% | | | |
Spain - 0.4% | | | |
Grifols SA Class B | | | |
(Cost $114,805) | | 4,990 | 95,133 |
|
Money Market Funds - 0.5% | | | |
Fidelity Cash Central Fund 0.14% (c) | | | |
(Cost $107,808) | | 107,786 | 107,819 |
TOTAL INVESTMENT IN SECURITIES - 99.8% | | | |
(Cost $16,440,766) | | | 22,066,879 |
NET OTHER ASSETS (LIABILITIES) - 0.2% | | | 36,517 |
NET ASSETS - 100% | | | $22,103,396 |
Categorizations in the Schedule of Investments are based on country or territory of incorporation.
Legend
(a) Non-income producing
(b) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $186,496 or 0.8% of net assets.
(c) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
Fidelity Cash Central Fund | $6,489 |
Total | $6,489 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds.
Investment Valuation
Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fair Value Committee (the Committee) established by the Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund’s valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee. The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels: Level 1 - quoted prices in active markets for identical investments: Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds etc.): Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available). Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the Fund's investments by major category are as follows:
Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.
Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value each business day and are categorized as Level 1 in the hierarchy.
For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.
The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.
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