Morningstar

Fidelity Advisor Government Income Fund - Class Z FIKPX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 8.81  /  +0.23 %
  • Total Assets 1.3B
  • Adj. Expense Ratio
    0.360%
  • Expense Ratio 0.360%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 3.80%
  • Effective Duration 5.71 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:11 AM GMT+0

Morningstar’s Analysis FIKPX

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

  • People Pillar

    The People Pillar is our evaluation of the FIKPX 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 FIKPX’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

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FIKPX

More FIKPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 45.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash

15.35 214M
Cash and Equivalents

United States Treasury Notes 4%

10.04 140M
Government

United States Treasury Notes 3.5%

8.18 114M
Government

United States Treasury Notes 3.5%

7.79 109M
Government

United States Treasury Bonds 4.375%

5.53 77M
Government

United States Treasury Bonds 3%

4.01 56M
Government

United States Treasury Notes 4.125%

3.90 54M
Government

United States Treasury Bonds 3.625%

2.97 41M
Government

United States Treasury Notes 3.875%

2.83 39M
Government

United States Treasury Notes 3.875%

2.64 37M
Government

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