Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 11/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Fidelity GNMA Fund

FGMNX | Fund

$10.06

$1.95 B

3.67%

$0.37

0.44%

Vitals

YTD Return

1.3%

1 yr return

6.7%

3 Yr Avg Return

-1.9%

5 Yr Avg Return

-0.5%

Net Assets

$1.95 B

Holdings in Top 10

54.7%

52 WEEK LOW AND HIGH

$10.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.44%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 11/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Fidelity GNMA Fund

FGMNX | Fund

$10.06

$1.95 B

3.67%

$0.37

0.44%

FGMNX - Profile

Distributions

  • YTD Total Return 1.3%
  • 3 Yr Annualized Total Return -1.9%
  • 5 Yr Annualized Total Return -0.5%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 0.83%
DIVIDENDS
  • Dividend Yield 3.7%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity GNMA Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Jan 03, 1994
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Franco Castagliuolo

Fund Description

Normally investing at least 80% of assets in Ginnie Maes and repurchase agreements for Ginnie Maes. Investing in other U.S. Government securities and instruments related to U.S. Government securities. Investing 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. Managing the fund to have similar overall interest rate risk to the Bloomberg GNMA Index. Allocating assets across different market sectors and maturities. Analyzing the credit quality of the issuer, security-specific features, current and potential future valuation, and trading opportunities to select investments. Engaging in transactions that have a leveraging effect on the fund, including investments in derivatives - such as swaps (interest rate, total return, and credit default), options, and futures contracts - and forward-settling securities, to adjust the fund's risk exposure.
Read More

FGMNX - Performance

Return Ranking - Trailing

Period FGMNX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% -3.9% 24.3% 35.84%
1 Yr 6.7% -4.4% 31.7% 11.06%
3 Yr -1.9%* -8.0% 11.3% 21.33%
5 Yr -0.5%* -5.9% 2.9% 31.78%
10 Yr 0.8%* -2.3% 3.1% 31.55%

* Annualized

Return Ranking - Calendar

Period FGMNX Return Category Return Low Category Return High Rank in Category (%)
2023 1.8% -1.0% 22.1% 15.04%
2022 -13.0% -20.4% -5.8% 29.78%
2021 -1.8% -7.1% 16.6% 10.00%
2020 2.1% -1.3% 8.8% 68.69%
2019 3.1% 0.3% 7.1% 58.29%

Total Return Ranking - Trailing

Period FGMNX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% -3.9% 24.3% 35.84%
1 Yr 6.7% -4.4% 31.7% 11.06%
3 Yr -1.9%* -8.0% 11.3% 21.33%
5 Yr -0.5%* -5.9% 2.9% 31.78%
10 Yr 0.8%* -2.3% 3.1% 31.55%

* Annualized

Total Return Ranking - Calendar

Period FGMNX Return Category Return Low Category Return High Rank in Category (%)
2023 5.4% -0.5% 28.8% 9.29%
2022 -11.4% -18.5% -3.3% 38.67%
2021 -0.7% -4.5% 25.3% 22.73%
2020 4.0% -1.3% 13.0% 81.31%
2019 5.9% 1.8% 11.3% 48.34%

NAV & Total Return History

FGMNX - Holdings

Concentration Analysis

FGMNX Category Low Category High FGMNX % Rank
Net Assets 1.95 B 8.69 M 134 B 35.84%
Number of Holdings 2231 14 12380 3.98%
Net Assets in Top 10 1.12 B 5.36 M 56.1 B 27.88%
Weighting of Top 10 54.65% 6.2% 99.5% 17.26%

Top 10 Holdings

  1. GNII II 3% 08/01/2054 #TBA 9.76%
  2. GNII II 6% 08/01/2054 #TBA 9.22%
  3. GNII II 2% 01/20/2051#MA7135 5.89%
  4. GNII II 6% 09/01/2054 #TBA 5.82%
  5. GNII II 3% 09/01/2054 #TBA 4.85%
  6. GNII II 2% 02/20/2051#MA7192 4.50%
  7. GNII II 2.5% 11/51#MA7705 4.38%
  8. GNII II 2.5% 04/20/2050#MA6598 3.89%
  9. GNMA II 3.5% 11/20/2047#784391 3.53%
  10. GNII II 2% 08/01/2054 #TBA 2.80%

Asset Allocation

Weighting Return Low Return High FGMNX % Rank
Bonds 		123.32% 0.06% 167.53% 9.73%
Cash 		0.36% -20.28% 27.25% 82.74%
Stocks 		0.00% 0.00% 95.28% 64.60%
Preferred Stocks 		0.00% 0.00% 0.12% 64.60%
Convertible Bonds 		0.00% 0.00% 3.29% 65.04%
Other 		-0.36% -21.19% 22.58% 95.13%

Bond Sector Breakdown

Weighting Return Low Return High FGMNX % Rank
Securitized 		72.11% 0.00% 99.79% 33.19%
Government 		1.44% 0.00% 100.00% 84.96%
Cash & Equivalents 		0.36% 0.00% 27.25% 74.34%
Corporate 		0.00% 0.00% 9.48% 76.55%
Municipal 		0.00% 0.00% 5.24% 71.68%
Derivative 		-0.36% -18.12% 3.25% 99.56%

Bond Geographic Breakdown

Weighting Return Low Return High FGMNX % Rank
US 		123.32% 0.06% 167.53% 9.73%
Non US 		0.00% 0.00% 2.20% 64.60%

FGMNX - Expenses

Operational Fees

FGMNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.44% 0.03% 2.85% 75.56%
Management Fee 0.28% 0.00% 0.85% 40.71%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

FGMNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 4.50% N/A
Deferred Load N/A 1.00% 4.50% N/A

Trading Fees

FGMNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FGMNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 3.35% 948.00% 96.65%

FGMNX - Distributions

Dividend Yield Analysis

FGMNX Category Low Category High FGMNX % Rank
Dividend Yield 3.67% 0.00% 4.94% 40.71%

Dividend Distribution Analysis

FGMNX Category Low Category High Category Mod
Dividend Distribution Frequency None Quarterly Monthly Monthly

Net Income Ratio Analysis

FGMNX Category Low Category High FGMNX % Rank
Net Income Ratio 0.83% -0.80% 2.96% 44.44%

Capital Gain Distribution Analysis

FGMNX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Annually Annually

Distributions History

View More +

FGMNX - Fund Manager Analysis

Managers

Franco Castagliuolo

Start Date

Tenure

Tenure Rank

Dec 15, 2009

12.47

12.5%

Franco Castagliuolo joined Fidelity Investments in 1997, Mr. Castagliuolo has served as a research associate and portfolio manager.

Sean Corcoran

Start Date

Tenure

Tenure Rank

Dec 08, 2017

4.48

4.5%

Since joined Fidelity Investments in 2001 and has worked as a research analyst and portfolio manager.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.11 31.64 8.38 7.35

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.