Fidelity GNMA Fund (FGMNX)
10.31
+0.02
(+0.19%)
USD |
Jun 09 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.45% | 1.700B | -- | 639.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -207.97M | 6.46% |
Basic Info
| Investment Strategy | |
| The Fund seeks high level of current income consistent with prudent investment risk by investing at least 65% of assets in mortgage securities issued by the Government National Mortgage Association, other US government securities and instruments related to same. It may consider the potential for capital gain. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Mortgages |
| Peer Group | GNMA Funds |
| Global Macro | Bond HC |
| US Macro | U.S. Government & Treasury Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | GNMA Funds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
96
-55.73M
Peer Group Low
13.92M
Peer Group High
1 Year
% Rank:
80
-207.97M
-729.36M
Peer Group Low
43.50M
Peer Group High
3 Months
% Rank:
82
-190.20M
Peer Group Low
22.22M
Peer Group High
3 Years
% Rank:
82
-6.656B
Peer Group Low
83.41M
Peer Group High
6 Months
% Rank:
82
-444.32M
Peer Group Low
44.75M
Peer Group High
5 Years
% Rank:
82
-13.10B
Peer Group Low
-23.77M
Peer Group High
YTD
% Rank:
82
-332.48M
Peer Group Low
20.84M
Peer Group High
10 Years
% Rank:
96
-16.82B
Peer Group Low
333.88M
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of June 10, 2026.
Asset Allocation
As of April 30, 2026.
| Type | % Net |
|---|---|
| Cash | 0.45% |
| Stock | 0.00% |
| Bond | 99.45% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.11% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Government National Mortgage Association 2 5.5% 01-JUN-2056
|
9.86% | -- | -- |
|
Government National Mortgage Association 2 6% 01-JUN-2056
|
5.48% | -- | -- |
|
Other Assets less Liabilities
|
5.37% | -- | -- |
|
Government National Mortgage Association 2 20-JAN-2055 MB0146
|
4.03% | -- | -- |
| GNMA 2.5 04/20/2050 FIX USD Agency | 3.99% | 85.07 | 0.02% |
| GNMA 2.0 01/20/2051 FIX USD Agency | 3.72% | 81.27 | -0.06% |
| United States of America USGB 3.5 03/15/2029 FIX USD Government | 3.50% | 98.26 | 0.09% |
|
Government National Mortgage Association 2 20-JUL-2046 784391
|
3.50% | -- | -- |
| GNMA 2.5 11/20/2051 FIX USD Agency | 3.22% | 84.84 | 0.02% |
| GNMA 2.0 02/20/2051 FIX USD Agency | 3.14% | 81.21 | -0.06% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.28% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks high level of current income consistent with prudent investment risk by investing at least 65% of assets in mortgage securities issued by the Government National Mortgage Association, other US government securities and instruments related to same. It may consider the potential for capital gain. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Mortgages |
| Peer Group | GNMA Funds |
| Global Macro | Bond HC |
| US Macro | U.S. Government & Treasury Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | GNMA Funds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (6-8-26) | 3.64% |
| 30-Day SEC Yield (5-31-26) | 3.81% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 1905 |
| Bond | |
| Yield to Maturity (4-30-26) | 4.94% |
| Effective Duration | 4.76 |
| Average Coupon | 4.47% |
| Calculated Average Quality | 1.119 |
| Effective Maturity | 23.18 |
| Nominal Maturity | 23.18 |
| Number of Bond Holdings | 1875 |
As of April 30, 2026
Fund Details
| Key Dates | |
| Inception Date | 11/8/1985 |
| Last Annual Report Date | 7/31/2025 |
| Last Prospectus Date | 9/29/2025 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FGMNX", "name") |
| Broad Asset Class: =YCI("M:FGMNX", "broad_asset_class") |
| Broad Category: =YCI("M:FGMNX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FGMNX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |