FGMNX : Fidelity® GNMA Fund

FGMNX is a Bond Market Government Bond with MODERATE fees.

FGMNX

Fidelity® GNMA Fund

FI Score

72 /100

Expense Ratio Rating

7 /10

Expense Rating

6 /10

Market Score

8 /10

Category Score

8 /10

Market Size

8 /10

72% FI Score
  • fgmnx
  • Mutual Fund
  • Bond
  • Government Bond

Fidelity® GNMA Fund

Expenses: 0.45% (Better than 1% of similar funds)

This is an OK choice for a Government Bond Bond fund. See why »

Fund Summary

The investment seeks a high level of current income consistent with prudent investment risk. The fund normally invests at least 80% of assets in Ginnie Maes and repurchase agreements for Ginnie Maes. It invests in other U.S. government securities and instruments related to U.S. government securities. The fund invests in U.S. government securities issued by entities that are chartered or sponsored by Congress but whose securities are neither issued nor guaranteed by the U.S. Treasury. It seeks to have similar overall interest rate risk to the Bloomberg Barclays GNMA Index.

Largest Holdings

Amount Holding
25.93% Ginnie Mae 3.5% 30 Year
18.62% Ginnie Mae 4% 30 Year
10.06% Umbs 2.5% 15 Year
5.69% Ginnie Mae 4.5% 30 Year
5.68% Ginnie Mae 3% 30 Year
2.83% Ginnie Mae 5% 30 Year
1.52% Fannie Mae 3.5% 30 Year
1.32% Umbs 3% 30 Year
1.16% Freddie Mac 3.5% 30 Year
1.13% Ginnie Mae 3%
1.08% Government National Mortgage Association 2.5%
1.08% Umbs 2.5% 30 Year
1.06% Government National Mortgage Association 4%
0.96% Government National Mortgage Association 8.06%
0.72% Government National Mortgage Association 3%
0.71% Government National Mortgage Association 6.31%
0.71% Ginnie Mae 3.75% 30 Year
0.67% Ginnie Mae 2.5% 15 Year
0.64% Government National Mortgage Association 3.25%
0.57% Government National Mortgage Association 5.72%
0.57% Freddie Mac 3% 30 Year
0.55% Government National Mortgage Association 1.56%
0.46% Government National Mortgage Association 5.5%

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