Fidelity GNMA Fund FGMNX

Medalist Rating as of Aug 7, 2026 See Fidelity Investment Hub

NAV and 1-Day Return as of Nov 11, 2026, 5:38:06 AM

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.

Max Curtin

Senior Analyst

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

by Max Curtin

Rated on Aug 7, 2026 Published on Aug 7, 2026

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FGMNX

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