Morningstar

Fidelity Mortgage Securities Fund FMSFX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $9.56  /  0.00
  • Fund Size $688.5M
  • Adjusted Expense Ratio 0.450%
  • Net Expense Ratio 0.450%
  • Fee Level: Distribution Below Average
  • Share Class Type No Load
  • Morningstar Category Government Mortgage-Backed Bond
  • Fixed-Income Style Box (Funds) High/Moderate
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 4.17%
  • Average Effective Duration 5.59 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis FMSFX

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

  • People Pillar

    The People Pillar is our evaluation of the FMSFX 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 FMSFX’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

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Portfolio Holdings FMSFX

More FMSFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 20.4
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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