Fidelity GNMA Fund
Fidelity Income Fund82 Devonshire StreetBoston, MA 02109
Map
Phone: 800-544-6666
| Category: | Intermediate Government | | Fund Family: | Fidelity Investments | | Net Assets: | 10.16B | | Year-to-Date Return: | 1.23% | | Yield: | 2.96% | | Morningstar Rating: |  | | Fund Inception Date: | Nov 7, 1985 |
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William Irving
Lead Manager since Oct 31, 2004 | | | Irving is manager of Institutional Short-Intermediate Government Fund, which he has managed since April 2008. He also manages other Fidelity funds. Since joining Fidelity Investments in 1999, Irving has worked as a quantitative analyst and portfolio manager. |
| Min Initial Investment: | 2,500 | | Min Initial Investment, IRA: | 500 | | Min Initial Investment, AIP: | 2,500 | | Min Subsequent Investment: | N/A | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | 200 |
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| The investment seeks a high level of current income.
The fund normally invests at least 80% of assets in Ginnie Maes and repurchase agreements for Ginnie Maes. It invests in other U.S. government securities and instruments related to U.S. government securities and in U.S. government securities issued by entities that are chartered or sponsored by Congress but whose securities are neither issued nor guaranteed by the U.S. Treasury. The fund allocates assets across different market sectors and maturities and seeks to have similar overall interest rate risk to the Barclays Capital® GNMA Index. |
| Last Dividend
(Apr 29, 2012)
:
| 0.02 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(May 22, 2012)
:
| 367.00% | | Average for Category: | 269.61% |
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| Expense | FGMNX | Category Avg |
|---|
| Annual Report Expense Ratio (net): | 0.45% | 0.98% | | Prospectus Net Expense Ratio: | 0.45% | N/A | | Prospectus Gross Expense Ratio: | 0.45% | N/A | | Max 12b1 Fee: | N/A | N/A | | Max Front End Sales Load: | N/A | 3.95% | | Max Deferred Sales Load:
| N/A | 2.59% | | 3 Yr Expense Projection*: | 144 | 455 | | 5 Yr Expense Projection*: | 252 | 689 | | 10 Yr Expense Projection*: | 567 | 1,349 |
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