Fidelity Government Income benefits from a well-resourced team and a risk-conscious approach backed by the firm's deep mortgage analytics. Its cheapest share class earns a Morningstar Analyst Rating of Silver, while its pricier shares range from Bronze to Neutral.
Fidelity Advisor® Government Income M FVITX
NAV / 1-Day Return
10.47
/
0.38
%
Total Assets
3.9 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.750%
Expense Ratio
0.750%
Fee Level
Below Average
Longest Manager Tenure
12.13
years
Category
Intermediate Government
Credit Quality / Interest Rate Sensitivity
High / ModerateMin. Initial Investment
0
Status
Open
TTM Yield
0.47%
Effective Duration
6.25
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will FVITX outperform in 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 FVITX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FVITX 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 FVITX’s parent organization’s priorities and whether they’re in line with investors’ interests.
An appealing government-focused offering.
