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Morningstar

Fidelity Government Income FGOVX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 9.10  /  +0.45 %
  • Total Assets 2.4 Bil
  • Adj. Expense Ratio
    0.450%
  • Expense Ratio 0.450%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.99%
  • Effective Duration 5.95 years

USD | NAV as of Jul 05, 2024 | 1-Day Return as of Jul 05, 2024, 10:18 PM GMT+0

Morningstar’s Analysis FGOVX

Will FGOVX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FGOVX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FGOVX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FGOVX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A solid, safety-first option for government exposure.

Senior Analyst Sam Kulahan

Sam Kulahan

Senior Analyst

Summary

Fidelity Government Income touts an experienced and deep team along with a solid, safety-first approach.

by Sam Kulahan
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FGOVX

More FGOVX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 26.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash

8.06 194.3 Mil
Cash and Equivalents

United States Treasury Notes 1.125%

3.77 90.8 Mil
Government

United States Treasury Notes 4.125%

3.62 87.2 Mil
Government

United States Treasury Bonds 4.375%

3.38 81.5 Mil
Government

United States Treasury Bonds 3.625%

2.99 72.2 Mil
Government

United States Treasury Bonds 3%

2.97 71.6 Mil
Government

Fidelity Cash Central Fund

2.94 70.8 Mil
Cash and Equivalents

United States Treasury Notes 4.25%

2.24 54.0 Mil
Government

United States Treasury Notes 3.75%

2.21 53.2 Mil
Government

United States Treasury Notes 2.5%

1.82 43.9 Mil
Government