Morningstar

Fidelity GNMA Fund FGMNX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See Fidelity Investment Hub
  • NAV / 1-Day Return $9.94  /  0.00
  • Fund Size $1.6B
  • 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 3.79%
  • Average Effective Duration 5.17 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis FGMNX

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

  • People Pillar

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

Reliable Ginnie Mae exposure.

Senior Analyst Max Curtin

Max Curtin

Senior Analyst

Summary

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

by Max Curtin
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FGMNX

More FGMNX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 42.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Government National Mortgage Association 5.5%

9.27 158M
Securitized

Government National Mortgage Association 6%

5.60 95M
Securitized

Government National Mortgage Association 5%

3.82 65M
Securitized

Government National Mortgage Association 2.5%

3.77 64M
Securitized

Government National Mortgage Association 2%

3.53 60M
Securitized

United States Treasury Notes 3.5%

3.46 59M
Government

Government National Mortgage Association 3.5%

3.32 57M
Securitized

Government National Mortgage Association 5.5%

3.24 55M
Securitized

Government National Mortgage Association 2.5%

3.05 52M
Securitized

Government National Mortgage Association 2%

2.98 51M
Securitized

Sponsor Center