Fidelity GNMA Fund

(FGMNX)
Buy/Trade
No Transaction Fee No Transaction Fee1 |Fidelity Fund PicksFidelity Fund Pick
Effective June 1, 2005, FMR has contractually limited the fund's total annual fund operating expenses (except interest, taxes, brokerage commissions, securities lending fees, or extraordinary expenses), as a percentage of average net assets, to be 0.45%. This expense limit may not be increased without approval of the fund's board of trustees.
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YTD Performance as of 07/28/2010 6.48%
1 Year* 9.01%
3 Year* 8.57%
5 Year* 6.19%
10 Year* 6.19%
Life* 7.23%
NAV as of 07/28/2010 11.89
Morningstar Category Intermediate Government
Overall Morningstar Rating Morningstar Rating 4 star
12 Month Low-High $11.28-$11.82
Net Assets ($M) as of 06/30/2010 $7,924.54
30-Day Yield 2 as of 07/27/2010 2.59%
Minimum to Invest3 $2,500.00 ($2,500.00 for IRA)
Transaction Fee (online) None
Expense Ratio 0.45%
* Performance as of 06/30/2010 | All performance data above is not load-adjusted.
 Additional performance data including quarter-end returns
 Detailed Quote

Performance & Volatility (FGMNX)

Average Annual Total Returns (%)

4 as of 06/30/2010   More information
FGMNX    
1 Year 9.01
3 Year 8.57
5 Year 6.19
10 Year 6.19

Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted.

Volatility Measure

 as of 06/30/2010   More information
Beta 0.66
R² 0.74
Standard Deviation 3.16
All measures are over a 3 Year period
  More about Performance & Risk

Ratings (FGMNX)

Overall Morningstar Rating

 as of 06/30/2010  More information
Overall MorningStar Rating 4 stars

The number of funds in Morningstar's Intermediate Government category was 330. The Overall Morningstar RatingTM for a fund is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Ratings Metrics as of the date stated. See more information on the fund's Morningstar Ratings.

Fund Pick 

Fundpicks Image  More information

This fund has been selected as a Fund Pick. Fund Picks from FidelitySM are chosen by Strategic Advisers, who apply Selection Criteria to funds in Morningstar Investment Categories.

  More about Ratings

Growth of Hypothetical $10,0005

Shows growth of a hypothetical $10,000 investment in Fidelity GNMA Fund over the selected time period.
Actual Values as of 07/2010
Date Value
12/31/2000 $11,073.62
12/31/2001 $11,875.59
12/31/2002 $12,904.66
12/31/2003 $13,188.58
12/31/2004 $13,742.53
12/31/2005 $14,110.22
12/31/2006 $14,692.42
12/31/2007 $15,686.01
12/31/2008 $16,802.71
12/31/2009 $17,964.89
06/30/2010 $18,958.77
Time Frame
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Composition (FGMNX)

Strategy

  More information

Normally investing at least 80% of assets in Ginnie Maes and repurchase agreements for Ginnie Maes Investing in other U.S. Government securities and instruments related to U.S. Government securities. Engaging in transactions that have a leveraging effect on the fund.

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Fund Manager

  More information
Fund Manager(s): Bill Irving, Franco Castagliuolo
  More about Composition
  1. No Transaction Fee Fidelity funds are available without paying a trading fee to Fidelity or a sales load to the fund. However, the fund may charge a short-term trading or redemption fee to protect the interests of long-term shareholders of the fund. See Expenses & Fees for more information.
  2. The fund's 30-day yield is based on yield to maturity of a fund's investments over a 30-day period and not on the dividends paid by the fund, which may differ.
  3. Minimum investment for SEP-IRAs or Keoghs is $500.
  4. Total returns include changes in share price and reinvestment of dividends and capital gains, if any. Quarter-end returns include the effect of any applicable recurring and non-recurring fees (including short-term trading fees or redemption fees).
  5. The chart illustrates the performance of a hypothetical $10,000 investment made in the fund ten years ago or on commencement of operations (whichever is later). Figures include reinvestment of capital gains and dividends, but do not reflect the effect of any applicable sales charges or redemption fees, which would lower these figures. This chart is not intended to imply any future performance of the fund.

Before investing, consider the fund's investment objectives, risks, charges and expenses. Contact Fidelity for a prospectus containing this information. Read it carefully.

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