FGOVX: Fidelity® Government Income

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FGOVX Fidelity® Government Income


Profile

FGOVX - Profile

Vitals

  • YTD Return 1.6%
  • 3 Yr Annualized Return 1.5%
  • 5 Yr Annualized Return 0.2%
  • Net Assets $3.02 B
  • Holdings in Top 10 40.3%

52 WEEK LOW AND HIGH

$10.65
$10.02
$10.71

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.45%

SALES FEES

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

BROKERAGE FEES

  • Turnover 246.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 1.6%
  • 3 Yr Annualized Total Return 1.5%
  • 5 Yr Annualized Total Return 0.5%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 2.29%
DIVIDENDS
  • Dividend Yield 0.4%
  • 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

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Categories

Fund Company Quick Screens

FGOVX - Fund Company Quick Screens


Performance

FGOVX - Performance

Return Ranking - Trailing

Period FGOVX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -0.1% 2.3% 17.33%
1 Yr 5.7% 0.0% 7.0% 13.43%
3 Yr 1.5%* -1.1% 3.4% 10.00%
5 Yr 0.2%* -1.7% 2.5% 16.23%
10 Yr 0.2%* -2.1% 3.5% 30.60%

* Annualized

Return Ranking - Calendar

Period FGOVX Return Category Return Low Category Return High Rank in Category (%)
2019 4.2% -0.4% 4.9% 7.00%
2018 -1.5% -3.4% -0.7% 29.79%
2017 0.4% -2.3% 0.9% 10.12%
2016 -1.3% -3.3% 1.4% 50.63%
2015 -2.0% -4.5% 0.2% 76.16%

Total Return Ranking - Trailing

Period FGOVX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -0.1% 2.3% 17.33%
1 Yr 5.7% 0.0% 7.0% 12.94%
3 Yr 1.5%* -1.0% 3.4% 23.53%
5 Yr 0.5%* -1.7% 2.5% 29.22%
10 Yr 1.2%* -2.1% 3.5% 25.37%

* Annualized

Total Return Ranking - Calendar

Period FGOVX Return Category Return Low Category Return High Rank in Category (%)
2019 4.2% -0.2% 4.9% 10.00%
2018 -1.5% -3.4% 3.0% 47.34%
2017 0.4% -2.0% 2.8% 29.17%
2016 -0.5% -3.3% 1.5% 39.24%
2015 -1.2% -4.5% 2.0% 52.32%

NAV & Total Return History


Holdings

FGOVX - Holdings

Concentration Analysis

FGOVX Category Low Category High FGOVX % Rank
Net Assets 3.02 B 1.43 M 24.7 B 19.31%
Number of Holdings 566 2 15659 26.24%
Net Assets in Top 10 585 M 0 6.43 B 27.23%
Weighting of Top 10 40.29% 0.0% 177.9% 37.13%

Top 10 Holdings

  1. United States Treasury Bonds 2.5% 5.87%
  2. Freddie Mac 2.5% 30 Year 4.62%
  3. United States Treasury Bonds 3% 4.58%
  4. Umbs 2.5% 30 Year 4.35%
  5. Umbs 3% 30 Year 3.92%
  6. United States Treasury Notes 1.5% 3.74%
  7. United States Treasury Notes 2.12% 3.65%
  8. Ginnie Mae 4.5% 30 Year 3.60%
  9. United States Treasury Bonds 4.75% 3.07%
  10. United States Treasury Notes 2.5% 2.89%

Asset Allocation

Weighting Return Low Return High FGOVX % Rank
Bonds
96.70% 0.00% 141.12% 52.97%
Cash
4.41% -43.12% 100.00% 42.57%
Stocks
0.00% 0.00% 13.41% 50.99%
Preferred Stocks
0.00% 0.00% 0.01% 50.00%
Convertible Bonds
0.00% 0.00% 0.25% 50.99%
Other
-1.11% -37.46% 19.19% 99.01%

Bond Sector Breakdown

Weighting Return Low Return High FGOVX % Rank
Government
50.27% 0.00% 100.00% 32.67%
Securitized
45.07% 0.00% 118.57% 67.33%
Cash & Equivalents
3.76% -28.81% 100.00% 58.42%
Derivative
0.60% -0.01% 10.53% 9.90%
Corporate
0.30% 0.00% 4.75% 19.80%
Municipal
0.00% 0.00% 14.98% 59.41%

Bond Geographic Breakdown

Weighting Return Low Return High FGOVX % Rank
US
96.70% 0.00% 139.33% 50.99%
Non US
0.00% 0.00% 4.73% 65.84%

Expenses

FGOVX - Expenses

Operational Fees

FGOVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.45% 0.03% 3.79% 82.09%
Management Fee 0.30% 0.00% 0.85% 31.68%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 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 N/A N/A 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.

FGOVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 246.00% 0.00% 1482.00% 62.38%

Distributions

FGOVX - Distributions

Dividend Yield Analysis

FGOVX Category Low Category High FGOVX % Rank
Dividend Yield 0.37% 0.00% 2.63% 53.96%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FGOVX Category Low Category High FGOVX % Rank
Net Income Ratio 2.29% 0.34% 3.03% 37.13%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FGOVX - Fund Manager Analysis

Managers

Franco Castagliuolo


Start Date

Tenure

Tenure Rank

Dec 04, 2009

10.16

10.2%

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

2.15

2.2%

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

Tenure Analysis

Category Low Category High Category Average Category Mode
0.27 29.3 8.09 5.02