FHNFX: Fidelity® Series Government Bd Idx

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FHNFX Fidelity® Series Government Bd Idx


Profile

FHNFX - Profile

Vitals

  • YTD Return 7.7%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $196 M
  • Holdings in Top 10 32.0%

52 WEEK LOW AND HIGH

$11.27
$10.37
$11.38

Expenses

OPERATING RELATED FEES

  • Expense Ratio N/A

SALES FEES

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

BROKERAGE FEES

  • Turnover 59.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 7.7%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.37%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Fidelity® Series Government Bond Index Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Aug 17, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jay Small

Fund Description

The fund normally invests at least 80% of assets in securities included in the Bloomberg Barclays 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. The advisor uses statistical sampling techniques based on duration, maturity, interest rate sensitivity, security structure, and credit quality to attempt to replicate the returns of the Bloomberg Barclays U.S. Government Bond Index using a smaller number of securities.


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Categories

Fund Company Quick Screens

FHNFX - Fund Company Quick Screens


Performance

FHNFX - Performance

Return Ranking - Trailing

Period FHNFX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.7% -4.2% 8.6% 10.34%
1 Yr 8.2% -4.4% 9.2% 4.93%
3 Yr N/A* -2.3% 3.7% N/A
5 Yr N/A* -14.4% 2.0% N/A
10 Yr N/A* -2.1% 1.3% N/A

* Annualized

Return Ranking - Calendar

Period FHNFX Return Category Return Low Category Return High Rank in Category (%)
2019 3.9% -0.4% 4.9% 20.40%
2018 N/A -3.4% -0.7% N/A
2017 N/A -2.3% 0.9% N/A
2016 N/A -9.3% 1.4% N/A
2015 N/A -4.5% 3.3% N/A

Total Return Ranking - Trailing

Period FHNFX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.7% -4.2% 8.6% 10.34%
1 Yr 8.2% -4.4% 9.2% 4.93%
3 Yr N/A* -1.3% 4.9% N/A
5 Yr N/A* -14.4% 3.6% N/A
10 Yr N/A* -2.1% 3.4% N/A

* Annualized

Total Return Ranking - Calendar

Period FHNFX Return Category Return Low Category Return High Rank in Category (%)
2019 3.9% -0.2% 4.9% 23.88%
2018 N/A -3.4% 3.0% N/A
2017 N/A -1.9% 2.8% N/A
2016 N/A -9.3% 1.5% N/A
2015 N/A -4.5% 3.3% N/A

NAV & Total Return History


Holdings

FHNFX - Holdings

Concentration Analysis

FHNFX Category Low Category High FHNFX % Rank
Net Assets 196 M 1.38 M 25.9 B 85.37%
Number of Holdings 146 2 15554 80.00%
Net Assets in Top 10 62.5 M 0 7.2 B 70.73%
Weighting of Top 10 32.02% 0.0% 100.0% 57.79%

Top 10 Holdings

  1. United States Treasury Bonds 3.75% 4.73%
  2. United States Treasury Notes 0.38% 4.61%
  3. United States Treasury Notes 1.5% 4.55%
  4. United States Treasury Notes 2.38% 3.58%
  5. United States Treasury Notes 2.88% 2.78%
  6. United States Treasury Notes 1.5% 2.69%
  7. United States Treasury Notes 2.62% 2.51%
  8. United States Treasury Notes 1.62% 2.30%
  9. United States Treasury Notes 3% 2.16%
  10. United States Treasury Notes 2.88% 2.12%

Asset Allocation

Weighting Return Low Return High FHNFX % Rank
Bonds
96.82% 0.00% 139.60% 33.66%
Cash
3.18% -40.13% 100.00% 66.34%
Stocks
0.00% 0.00% 12.27% 54.15%
Preferred Stocks
0.00% 0.00% 0.01% 54.15%
Other
0.00% -38.51% 19.25% 50.24%
Convertible Bonds
0.00% 0.00% 0.23% 55.12%

Bond Sector Breakdown

Weighting Return Low Return High FHNFX % Rank
Government
96.82% 0.00% 100.00% 5.85%
Cash & Equivalents
3.18% 0.00% 100.00% 72.20%
Derivative
0.00% 0.00% 5.72% 58.05%
Securitized
0.00% 0.00% 98.20% 94.63%
Corporate
0.00% 0.00% 6.26% 68.29%
Municipal
0.00% 0.00% 15.90% 66.83%

Bond Geographic Breakdown

Weighting Return Low Return High FHNFX % Rank
US
96.82% 0.00% 138.28% 33.66%
Non US
0.00% 0.00% 5.14% 69.76%

Expenses

FHNFX - Expenses

Operational Fees

FHNFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.03% 5.18% 100.00%
Management Fee 0.00% 0.00% 0.85% 0.98%
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 1.00% 4.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FHNFX 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.

FHNFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 59.00% 0.00% 421.00% 46.75%

Distributions

FHNFX - Distributions

Dividend Yield Analysis

FHNFX Category Low Category High FHNFX % Rank
Dividend Yield 0.00% 0.00% 2.36% 60.49%

Dividend Distribution Analysis

FHNFX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

FHNFX Category Low Category High FHNFX % Rank
Net Income Ratio 2.37% 0.34% 2.93% 20.20%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FHNFX - Fund Manager Analysis

Managers

Jay Small


Start Date

Tenure

Tenure Rank

Aug 17, 2018

1.79

1.8%

Prior to joining Fidelity Investments in 2010 as a corporate bond trader, Mr. Small worked as a corporate bond trader at 40/86 Advisors (formerly known as Conseco Capital Management, Inc.) from 2007 to 2010.

Brandon Bettencourt


Start Date

Tenure

Tenure Rank

Aug 17, 2018

1.79

1.8%

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

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 29.64 8.11 5.35