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FGOVX Fidelity® Government Income

  • Fund
  • FGOVX
  • Price as of: Sep 17, 2019
  • $10.52 + $0.02 + 0.19%
Profile Categories Performance Holdings Expenses Distributions Managers Read Next

FGOVX - Profile

Vitals

  • YTD Return 4.6%
  • 3 Yr Annualized Return -0.3%
  • 5 Yr Annualized Return 0.3%
  • Net Assets $3.5 B
  • Holdings in Top 10 38.7%

52 WEEK LOW AND HIGH

$10.52
$9.78
$10.71

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.45%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 123.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

$2,500

Fund Classification

PRIMARY CATEGORY

Intermediate-Term Government Bond
  • Fund Type Open End Mutual Fund
  • Investment Style Intermediate Government

Distributions

  • YTD Total Return 4.6%
  • 3 Yr Annualized Total Return 0.0%
  • 5 Yr Annualized Total Return 0.7%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 1.96%
DIVIDENDS
  • Dividend Yield 1.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Fidelity® Government Income Fund
  • Fund Family Name Fidelity Investments
  • Inception Date Apr 04, 1979
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Franco Castagliuolo

FGOVX - Categories

FGOVX - Performance

Return Ranking - Trailing

Period FGOVX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.6% 0.0% 6.1% 10.88%
1 Yr 6.4% -1.1% 8.5% 7.81%
3 Yr -0.3%* -2.8% 0.7% 10.56%
5 Yr 0.3%* -1.3% 0.9% 14.38%
10 Yr 0.0%* -1.0% 1.2% 25.98%

* Annualized

Return Ranking - Calendar

Period FGOVX Return Category Return Low Category Return High Rank in Category (%)
2018 -1.5% -3.3% -0.7% 30.94%
2017 0.4% -2.3% 0.9% 8.64%
2016 -1.3% -3.3% 1.4% 49.67%
2015 -2.0% -3.2% 0.2% 76.03%
2014 3.4% 0.4% 13.7% 25.87%

Total Return Ranking - Trailing

Period FGOVX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.6% 0.3% 6.1% 10.88%
1 Yr 6.4% 2.0% 9.4% 13.02%
3 Yr 0.0%* -1.6% 1.9% 30.43%
5 Yr 0.7%* -0.9% 2.9% 32.19%
10 Yr 1.0%* -1.0% 3.4% 28.35%

* Annualized

Total Return Ranking - Calendar

Period FGOVX Return Category Return Low Category Return High Rank in Category (%)
2018 -1.5% -3.3% 3.0% 49.17%
2017 0.4% -1.9% 2.8% 28.40%
2016 -0.5% -3.3% 1.5% 39.22%
2015 -1.2% -3.2% 2.0% 54.11%
2014 3.7% 0.4% 17.2% 41.26%

NAV & Total Return History

FGOVX - Holdings

Concentration Analysis

FGOVX Category Low Category High FGOVX % Rank
Net Assets 3.5 B 15.6 M 23.9 B 18.97%
Number of Holdings 566 9 15771 25.64%
Net Assets in Top 10 961 M 1.81 M 8.29 B 18.46%
Weighting of Top 10 38.74% 6.9% 162.8% 37.95%

Top 10 Holdings

  1. United States Treasury Bonds 2.5% 5.29%
  2. Fn/Fh_tba 4% 30 Year 5.04%
  3. Ginnie Mae 3.5% 30 Year 4.50%
  4. United States Treasury Bonds 3% 4.34%
  5. Ginnie Mae 4.5% 30 Year 4.09%
  6. United States Treasury Notes 2.12% 3.35%
  7. United States Treasury Notes 2.5% 3.35%
  8. United States Treasury Notes 2.5% 3.22%
  9. United States Treasury Bonds 4.75% 2.82%
  10. United States Treasury Notes 2.62% 2.75%

Asset Allocation

Weighting Return Low Return High FGOVX % Rank
Bonds 		86.68% 57.46% 143.35% 95.38%
Cash 		14.19% -41.11% 27.90% 6.67%
Stocks 		0.00% -0.25% 13.65% 55.90%
Preferred Stocks 		0.00% 0.00% 0.01% 60.00%
Convertible Bonds 		0.00% 0.00% 0.26% 60.00%
Other 		-0.87% -47.29% 17.74% 98.46%

Bond Sector Breakdown

Weighting Return Low Return High FGOVX % Rank
Government 		49.71% -18.18% 100.00% 38.97%
Securitized 		41.78% 0.00% 148.87% 72.82%
Cash & Equivalents 		14.19% -41.10% 32.40% 6.67%
Corporate 		0.00% 0.00% 5.91% 70.77%
Municipal 		0.00% 0.00% 16.02% 67.69%
Derivative 		-4.80% -19.50% 0.03% 98.97%

Bond Geographic Breakdown

Weighting Return Low Return High FGOVX % Rank
US 		84.06% 51.30% 143.35% 95.38%
Non US 		2.62% 0.00% 6.80% 13.33%

FGOVX - Expenses

Operational Fees

FGOVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.45% 0.00% 3.79% 81.87%
Management Fee 0.31% 0.00% 0.70% 33.85%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.45% N/A

Sales Fees

FGOVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FGOVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Turnover 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.

FGOVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 123.00% 0.00% 1450.00% 59.49%

FGOVX - Distributions

Dividend Yield Analysis

FGOVX Category Low Category High FGOVX % Rank
Dividend Yield 1.10% 0.00% 2.45% 64.62%

Dividend Distribution Analysis

FGOVX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Dividend Payout History

View More History

Net Income Ratio Analysis

FGOVX Category Low Category High FGOVX % Rank
Net Income Ratio 1.96% 0.11% 3.03% 58.03%

Capital Gain Distribution Analysis

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

FGOVX - Managers

Franco Castagliuolo

Manager

Start Date

Tenure

Tenure Rank

Dec 04, 2009

9.75

9.8%

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

Sean Corcoran

Manager

Start Date

Tenure

Tenure Rank

Dec 08, 2017

1.73

1.7%

Since joining Fidelity Investments in 2001, Mr. Corcoran has worked as a research analyst and portfolio manager.

Tenure Analysis

Category Low

0.17

Category High

28.88

Category Average

8.31

Category Mode

4.6

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