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Trending ETFs

Fidelity Government Income Fund

mutual fund
FVIAX
Payout Change
Pending
Price as of:
$9.45 +0.02 +0.21%
primary theme
Intermediate-Term U.S. Treasury Bond
share class
M (FVITX) C (FVICX) I (FVIIX) A (FVIAX) Z (FIKPX) Other (FGOVX)
FVIAX (Mutual Fund)

Fidelity Government Income Fund

Payout Change
Pending
Price as of:
$9.45 +0.02 +0.21%
primary theme
Intermediate-Term U.S. Treasury Bond
share class
M (FVITX) C (FVICX) I (FVIIX) A (FVIAX) Z (FIKPX) Other (FGOVX)
FVIAX (Mutual Fund)

Fidelity Government Income Fund

Payout Change
Pending
Price as of:
$9.45 +0.02 +0.21%
primary theme
Intermediate-Term U.S. Treasury Bond
share class
M (FVITX) C (FVICX) I (FVIIX) A (FVIAX) Z (FIKPX) Other (FGOVX)

Name

As of 10/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Fidelity Government Income Fund

FVIAX | Fund

$9.45

$2.64 B

3.03%

$0.29

0.79%

Vitals

YTD Return

4.0%

1 yr return

11.9%

3 Yr Avg Return

-2.3%

5 Yr Avg Return

-0.8%

Net Assets

$2.64 B

Holdings in Top 10

30.9%

52 WEEK LOW AND HIGH

$9.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.79%

SALES FEES

Front Load 4.00%

Deferred Load N/A

TRADING FEES

Turnover 223.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 10/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Fidelity Government Income Fund

FVIAX | Fund

$9.45

$2.64 B

3.03%

$0.29

0.79%

FVIAX - Profile

Distributions

  • YTD Total Return 4.0%
  • 3 Yr Annualized Total Return -2.3%
  • 5 Yr Annualized Total Return -0.8%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 0.48%
DIVIDENDS
  • Dividend Yield 3.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Fidelity Government Income Fund
  • Fund Family Name
    Fidelity Group of Funds
  • Inception Date
    Oct 27, 2006
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Franco Castagliuolo

Fund Description

Normally investing at least 80% of assets in U.S. Government securities and repurchase agreements for those securities.Investing 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.Investing in instruments related to U.S. Government securities.Managing the fund to have similar overall interest rate risk to the Bloomberg 75% U.S. Government/25% U.S. Mortgage-Backed Securities Blended Index.Allocating assets across different market sectors and maturities.Analyzing the credit quality of the issuer, security-specific features, current and potential future valuation, and trading opportunities to select investments.Engaging in transactions that have a leveraging effect on the fund, including investments in derivatives - such as swaps (interest rate, total return, and credit default), options, and futures contracts - and forward-settling securities, to adjust the fund's risk exposure.Investing in Fidelity's Central funds (specialized investment vehicles used by Fidelity® funds to invest in particular security types or investment disciplines) consistent with the asset classes discussed above.
Read More

FVIAX - Performance

Return Ranking - Trailing

Period FVIAX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.0% -3.9% 22.4% 82.74%
1 Yr 11.9% -4.4% 39.7% 68.14%
3 Yr -2.3%* -7.1% 12.9% 84.89%
5 Yr -0.8%* -5.2% 2.9% 85.45%
10 Yr 0.7%* -1.9% 3.2% 66.67%

* Annualized

Return Ranking - Calendar

Period FVIAX Return Category Return Low Category Return High Rank in Category (%)
2023 1.5% -1.0% 22.1% 30.09%
2022 -14.0% -20.4% -5.8% 73.78%
2021 -2.9% -7.1% 16.6% 42.27%
2020 4.3% -1.3% 8.8% 34.11%
2019 4.2% 0.3% 7.1% 11.37%

Total Return Ranking - Trailing

Period FVIAX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.0% -3.9% 22.4% 82.74%
1 Yr 11.9% -4.4% 39.7% 68.14%
3 Yr -2.3%* -7.1% 12.9% 84.89%
5 Yr -0.8%* -5.2% 2.9% 85.45%
10 Yr 0.7%* -1.9% 3.2% 66.67%

* Annualized

Total Return Ranking - Calendar

Period FVIAX Return Category Return Low Category Return High Rank in Category (%)
2023 3.8% -0.5% 28.8% 73.01%
2022 -13.1% -18.5% -3.3% 90.67%
2021 -2.4% -4.5% 25.3% 80.45%
2020 6.6% -1.3% 13.0% 39.72%
2019 6.2% 1.8% 11.3% 30.81%

NAV & Total Return History

FVIAX - Holdings

Concentration Analysis

FVIAX Category Low Category High FVIAX % Rank
Net Assets 2.64 B 9.65 M 134 B 28.76%
Number of Holdings 2120 14 12380 6.64%
Net Assets in Top 10 744 M 5.36 M 56.1 B 33.63%
Weighting of Top 10 30.87% 5.3% 99.5% 69.47%

Top 10 Holdings

  1. UST NOTES 1.125% 08/31/2028 3.77%
  2. UST NOTES 4.125% 02/15/2027 3.62%
  3. UMBS 30YR 5% 06/01/2054 #TBA 3.39%
  4. UNITED STATES TREASURY BOND 4.375% 08/15/2043 3.38%
  5. UNITED STATES TREASURY BOND 3.625% 02/15/2053 2.99%
  6. UNITED STATES TREASURY BOND 3% 02/15/2049 2.97%
  7. Fidelity Cash Central Fund 2.94%
  8. UMBS 30YR 2% 06/01/2054 #TBA 2.81%
  9. GNII II 2% 06/01/2054 #TBA 2.77%
  10. UST NOTES 4.25% 03/15/2027 2.24%

Asset Allocation

Weighting Return Low Return High FVIAX % Rank
Bonds 		97.63% 0.06% 167.53% 87.61%
Cash 		2.94% -20.28% 27.92% 45.58%
Other 		0.23% -21.19% 22.58% 54.87%
Stocks 		0.00% 0.00% 95.28% 59.73%
Preferred Stocks 		0.00% 0.00% 0.12% 59.29%
Convertible Bonds 		0.00% 0.00% 3.29% 59.73%

Bond Sector Breakdown

Weighting Return Low Return High FVIAX % Rank
Government 		54.08% 0.00% 100.00% 31.86%
Securitized 		34.00% 0.00% 99.79% 73.89%
Cash & Equivalents 		2.94% 0.00% 27.92% 45.13%
Derivative 		0.23% -18.12% 3.25% 15.49%
Corporate 		0.21% 0.00% 9.48% 18.14%
Municipal 		0.00% 0.00% 5.24% 65.49%

Bond Geographic Breakdown

Weighting Return Low Return High FVIAX % Rank
US 		97.63% 0.06% 167.53% 87.61%
Non US 		0.00% 0.00% 2.20% 59.29%

FVIAX - Expenses

Operational Fees

FVIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.79% 0.03% 2.85% 44.00%
Management Fee 0.28% 0.00% 0.85% 41.15%
12b-1 Fee 0.25% 0.00% 1.00% 42.45%
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

FVIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.00% 2.00% 4.50% 43.33%
Deferred Load N/A 1.00% 4.50% N/A

Trading Fees

FVIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FVIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 223.00% 3.35% 948.00% 61.27%

FVIAX - Distributions

Dividend Yield Analysis

FVIAX Category Low Category High FVIAX % Rank
Dividend Yield 3.03% 0.00% 4.94% 88.05%

Dividend Distribution Analysis

FVIAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

FVIAX Category Low Category High FVIAX % Rank
Net Income Ratio 0.48% -0.80% 2.96% 68.00%

Capital Gain Distribution Analysis

FVIAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Semi-Annually Annually

Distributions History

View More +

FVIAX - Fund Manager Analysis

Managers

Franco Castagliuolo

Start Date

Tenure

Tenure Rank

Dec 04, 2009

12.5

12.5%

Franco Castagliuolo joined Fidelity Investments in 1997, Mr. Castagliuolo has served as a research associate and portfolio manager.

Sean Corcoran

Start Date

Tenure

Tenure Rank

Dec 08, 2017

4.48

4.5%

Since joined Fidelity Investments in 2001 and has worked as a research analyst and portfolio manager.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.11 31.64 8.38 7.35

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