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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 Series Government Bond Index Fund

FHNFX | Fund

$9.08

$978 M

3.54%

$0.32

-

Vitals

YTD Return

1.1%

1 yr return

4.9%

3 Yr Avg Return

-2.7%

5 Yr Avg Return

-0.7%

Net Assets

$978 M

Holdings in Top 10

17.5%

52 WEEK LOW AND HIGH

$9.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio N/A

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 23.00%

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 Series Government Bond Index Fund

FHNFX | Fund

$9.08

$978 M

3.54%

$0.32

-

FHNFX - Profile

Distributions

  • YTD Total Return 1.1%
  • 3 Yr Annualized Total Return -2.7%
  • 5 Yr Annualized Total Return -0.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.11%
DIVIDENDS
  • Dividend Yield 3.5%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity Series Government Bond Index Fund
  • Fund Family Name
    Fidelity Group of Funds
  • Inception Date
    Aug 29, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Brandon Bettencourt

Fund Description

Normally investing at least 80% of assets in securities included in the Bloomberg U.S. Government Bond Index, a market value-weighted index of U.S. Government fixed-rate debt issues with maturities of one year or more. Using statistical sampling techniques based on duration, maturity, interest rate sensitivity, security structure, and credit quality to attempt to replicate the returns of the Bloomberg U.S. Government Bond Index using a smaller number of securities.
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FHNFX - Performance

Return Ranking - Trailing

Period FHNFX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.1% -3.9% 24.3% 47.79%
1 Yr 4.9% -4.4% 31.7% 77.88%
3 Yr -2.7%* -8.0% 11.3% 56.89%
5 Yr -0.7%* -5.9% 2.9% 42.52%
10 Yr N/A* -2.3% 3.1% N/A

* Annualized

Return Ranking - Calendar

Period FHNFX Return Category Return Low Category Return High Rank in Category (%)
2023 1.4% -1.0% 22.1% 34.51%
2022 -13.8% -20.4% -5.8% 62.67%
2021 -3.4% -7.1% 16.6% 64.09%
2020 4.7% -1.3% 8.8% 23.83%
2019 3.9% 0.3% 7.1% 20.85%

Total Return Ranking - Trailing

Period FHNFX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.1% -3.9% 24.3% 47.79%
1 Yr 4.9% -4.4% 31.7% 77.88%
3 Yr -2.7%* -8.0% 11.3% 56.89%
5 Yr -0.7%* -5.9% 2.9% 42.52%
10 Yr N/A* -2.3% 3.1% N/A

* Annualized

Total Return Ranking - Calendar

Period FHNFX Return Category Return Low Category Return High Rank in Category (%)
2023 4.2% -0.5% 28.8% 54.42%
2022 -12.4% -18.5% -3.3% 71.56%
2021 -2.2% -4.5% 25.3% 73.18%
2020 8.2% -1.3% 13.0% 12.15%
2019 6.9% 1.8% 11.3% 4.27%

NAV & Total Return History

FHNFX - Holdings

Concentration Analysis

FHNFX Category Low Category High FHNFX % Rank
Net Assets 978 M 8.69 M 134 B 48.23%
Number of Holdings 241 14 12380 68.14%
Net Assets in Top 10 165 M 5.36 M 56.1 B 61.50%
Weighting of Top 10 17.54% 6.2% 99.5% 92.92%

Top 10 Holdings

  1. UST NOTES 0.875% 06/30/2026 2.68%
  2. UST NOTES 0.375% 07/31/2027 2.23%
  3. UST NOTES 0.25% 08/31/2025 1.86%
  4. UST NOTES 4.25% 02/28/2031 1.71%
  5. UST NOTES 0.75% 08/31/2026 1.68%
  6. UST NOTES 0.75% 04/30/2026 1.60%
  7. UST NOTES 4% 02/15/2034 1.52%
  8. UST NOTES 0.875% 11/15/2030 1.44%
  9. UST NOTES 1.5% 11/30/2028 1.41%
  10. UST NOTES 2.875% 04/30/2029 1.40%

Asset Allocation

Weighting Return Low Return High FHNFX % Rank
Bonds 		99.23% 0.06% 167.53% 58.41%
Cash 		0.77% -20.28% 27.25% 69.91%
Stocks 		0.00% 0.00% 95.28% 64.16%
Preferred Stocks 		0.00% 0.00% 0.12% 64.16%
Other 		0.00% -21.19% 22.58% 74.34%
Convertible Bonds 		0.00% 0.00% 3.29% 64.60%

Bond Sector Breakdown

Weighting Return Low Return High FHNFX % Rank
Government 		99.47% 0.00% 100.00% 2.65%
Cash & Equivalents 		0.64% 0.00% 27.25% 64.60%
Derivative 		0.00% -18.12% 3.25% 46.46%
Securitized 		0.00% 0.00% 99.79% 95.58%
Corporate 		0.00% 0.00% 9.48% 76.11%
Municipal 		0.00% 0.00% 5.24% 71.24%

Bond Geographic Breakdown

Weighting Return Low Return High FHNFX % Rank
US 		99.23% 0.06% 167.53% 58.41%
Non US 		0.00% 0.00% 2.20% 64.16%

FHNFX - Expenses

Operational Fees

FHNFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.03% 2.85% 100.00%
Management Fee 0.00% 0.00% 0.85% 0.88%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

FHNFX 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

FHNFX 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.

FHNFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 23.00% 3.35% 948.00% 13.38%

FHNFX - Distributions

Dividend Yield Analysis

FHNFX Category Low Category High FHNFX % Rank
Dividend Yield 3.54% 0.00% 4.94% 64.60%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FHNFX Category Low Category High FHNFX % Rank
Net Income Ratio 1.11% -0.80% 2.96% 21.78%

Capital Gain Distribution Analysis

FHNFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

FHNFX - Fund Manager Analysis

Managers

Brandon Bettencourt

Start Date

Tenure

Tenure Rank

Aug 17, 2018

3.79

3.8%

Since joining Fidelity Investments in 2008, Brandon Bettencourt has worked as a research associate, portfolio analyst, and portfolio manager.

Richard Munclinger

Start Date

Tenure

Tenure Rank

Oct 30, 2020

1.58

1.6%

Richard Munclinger is a portfolio manager in the Fixed Income division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals. In this role, Mr. Munclinger is responsible for managing all of Fidelity's fixed income index funds, as well as the inflation-protected debt sub-portfolio of Fidelity and Fidelity Advisor Strategic Real Return Funds. Prior to assuming his current position, Mr. Munclinger was a quantitative analyst working with the Core/Core Plus/Tactical Bond investment team on asset allocation and risk management. Prior to joining Fidelity in August 2016, Mr. Munclinger worked as a senior quantitative an analyst at State Street Global Advisors (SSgA). Previously, he was a model validation manager at Freddie Mac and an economist at International Monetary Fund. He has been in the financial industry since 2014. Mr. Munclinger earned his bachelor of science degree in finance from the University of Cape Town. Additionally, he earned his master of science degree, as well as his PhD, in finance from George Washington University. He is also a CFA® charterholder.

Tenure Analysis

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

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