Fidelity Gnma Fund: (MF: FGMNX)
(NASDAQ Mutual Funds) As of Jun 27, 2025 08:00 PM ET
$10.18 USD
-0.03 (-0.29%)
Fund Description
The fund was incepted in August 1985. The Fidelity Group manages the fund. The main objective of this fund is to seek high level of current income consistent with prudent investment risk. The fund may also considers the potential for capital gain. This fund normally invests at least 80% of its assets in mortgage securities issued by the Government National Mortgage Association (Ginnie Maes) and repurchase agreements for Ginnie Maes. The fund invests in other U.S. Government securities and instruments related to U.S. Government securities. The fund is managed to have a similar overall interest rate risk to the Lehman Brothers GNMA Index. The fund offers a monthly dividend. Capital gains, if any, are distributed twice a year in September and December.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Fidelity GNMA | FGMNX | NA | NA | 0.00 | 0.00 | 0.28 | 0.45 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Fidelity GNMA Fund | FGMNX | 10.18 | 11/11/1985 | 3.86 | 5.68 | 1.25 | -0.73 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Fidelity GNMA | FGMNX | 0 | 0 | 0 | M |
Contact Information
| Family | Fidelity |
| Address | 82 Devonshire St Boston, MA 02109 |
| Phone | 800 544-6666 |