Morningstar

Fidelity Government Income FGOVX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 9.42  /  −0.21 %
  • Total Assets 2.1 Bil
  • Adj. Expense Ratio
    0.450%
  • Expense Ratio 0.450%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 3.08%
  • Effective Duration 5.85 years

USD | NAV as of Oct 02, 2024 | 1-Day Return as of Oct 02, 2024, 10:20 PM GMT+0

Morningstar’s Analysis FGOVX

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

  • People Pillar

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

Still a strong long-term government option.

Analyst Max Curtin

Max Curtin

Analyst

Summary

Fidelity Government Income’s combination of experienced structured product investors and strong quantitative capabilities inspires confidence.

by Max Curtin
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FGOVX

More FGOVX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash

15.81 366.6 Mil
Cash and Equivalents

Fidelity Cash Central Fund

4.94 114.5 Mil
Cash and Equivalents

United States Treasury Bonds 4.375%

3.72 86.2 Mil
Government

United States Treasury Notes 1.125%

3.68 85.3 Mil
Government

United States Treasury Bonds 3.625%

3.33 77.3 Mil
Government

United States Treasury Bonds 3%

3.29 76.2 Mil
Government

United States Treasury Notes 3.75%

2.39 55.3 Mil
Government

United States Treasury Notes 4.25%

2.17 50.3 Mil
Government

United States Treasury Notes 4.125%

1.95 45.3 Mil
Government

United States Treasury Notes 2.5%

1.95 45.1 Mil
Government

Sponsor Center