Fidelity Ginnie Mae’s well-resourced team and circumspect approach backed by deep mortgage analytics continues to appeal. Under Morningstar’s enhanced ratings methodology, the strategy earns a Morningstar Analyst Rating of Bronze.
Will FGMNX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
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.
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.
The Parent Pillar is our rating of FGMNX’s parent organization’s priorities and whether they’re in line with investors’ interests.