Morningstar

Fidelity Government Income Fund FGOVX

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  • NAV / 1-Day Return $8.87  /  0.00
  • Fund Size $1.3B
  • Adjusted Expense Ratio 0.450%
  • Net Expense Ratio 0.450%
  • Fee Level: Distribution Average
  • Share Class Type No Load
  • Morningstar Category Intermediate Government
  • Fixed-Income Style Box (Funds) High/Moderate
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 3.71%
  • Average Effective Duration 5.72 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis FGOVX

Will FGOVX 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 FGOVX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FGOVX 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 FGOVX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Performance hasn’t matched potential with this strategy.

Senior Analyst Max Curtin

Max Curtin

Senior Analyst

Summary

The experienced team backing Fidelity Government Income helps this focused strategy stand out.

by Max Curtin
Rated on Published on

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Portfolio Holdings FGOVX

More FGOVX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 45.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash

13.23 184M
Cash and Equivalents

United States Treasury Notes 4%

10.07 140M
Government

United States Treasury Notes 3.5%

8.13 113M
Government

United States Treasury Notes 3.5%

7.83 109M
Government

United States Treasury Bonds 4.375%

5.59 78M
Government

United States Treasury Bonds 3%

4.06 56M
Government

United States Treasury Notes 4.125%

3.92 54M
Government

United States Treasury Bonds 3.625%

2.99 42M
Government

United States Treasury Notes 3.875%

2.84 39M
Government

United States Treasury Notes 3.875%

2.65 37M
Government

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