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Trending ETFs

Name

As of 06/01/2026

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

$9.17

$1.4 B

0.00%

0.49%

Vitals

YTD Return

-0.8%

1 yr return

3.4%

3 Yr Avg Return

2.6%

5 Yr Avg Return

-0.6%

Net Assets

$1.4 B

Holdings in Top 10

33.9%

52 WEEK LOW AND HIGH

$9.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.49%

SALES FEES

Front Load N/A

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 06/01/2026

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

$9.17

$1.4 B

0.00%

0.49%

FVIIX - Profile

Distributions

  • YTD Total Return -0.8%
  • 3 Yr Annualized Total Return 2.6%
  • 5 Yr Annualized Total Return -0.6%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 0.75%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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
    I
  • 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. U.S. Government securities are high-quality securities issued or guaranteed by the U.S. Treasury or by an agency or instrumentality of the U.S. Government. U.S. Government securities may be backed by the full faith and credit of the U.S. Treasury, the right to borrow from the U.S. Treasury, or the agency or instrumentality issuing or guaranteeing the security. Certain issuers of U.S. Government securities, including Fannie Mae, Freddie Mac, and the Federal Home Loan Banks, are sponsored or chartered by Congress but their securities are neither issued nor guaranteed by the U.S. Treasury. The issuer usually pays a fixed, variable, or floating rate of interest, and must repay the amount borrowed, usually at the maturity of the security. A repurchase agreement is an agreement to buy a security at one price and a simultaneous agreement to sell it back at an agreed-upon price. Effective December 11, 2025, derivative instruments that provide investment exposure to the investments above or exposure to one or more market risk factors associated with such investments are included in the fund's 80% policy, consistent with the fund's investment policies and limitations with respect to investments in derivatives.   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.
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FVIIX - Performance

Return Ranking - Trailing

Period FVIIX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.8% -3.9% 8.2% 87.43%
1 Yr 3.4% -4.4% 25.7% 83.77%
3 Yr 2.6%* -5.4% 24.3% 82.20%
5 Yr -0.6%* -2.3% 15.1% 77.89%
10 Yr 0.8%* -0.3% 1.7% 65.36%

* Annualized

Return Ranking - Calendar

Period FVIIX Return Category Return Low Category Return High Rank in Category (%)
2025 3.0% 0.2% 8.6% 80.10%
2024 -3.0% -13.6% 14.5% 52.88%
2023 1.4% -3.0% 22.1% 30.37%
2022 -14.0% -20.4% 3.8% 76.32%
2021 -2.8% -7.1% 16.6% 41.40%

Total Return Ranking - Trailing

Period FVIIX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.8% -3.9% 8.2% 87.43%
1 Yr 3.4% -4.4% 25.7% 83.77%
3 Yr 2.6%* -5.4% 24.3% 82.20%
5 Yr -0.6%* -2.3% 15.1% 77.89%
10 Yr 0.8%* -0.3% 1.7% 65.36%

* Annualized

Total Return Ranking - Calendar

Period FVIIX Return Category Return Low Category Return High Rank in Category (%)
2025 6.8% 2.8% 20.8% 80.10%
2024 0.8% -13.3% 25.3% 63.87%
2023 4.0% -2.7% 28.8% 63.87%
2022 -12.9% -15.3% 5.6% 89.47%
2021 -2.1% -4.5% 25.3% 67.20%

NAV & Total Return History


FVIIX - Holdings

Concentration Analysis

FVIIX Category Low Category High FVIIX % Rank
Net Assets 1.4 B 7.76 M 179 B 43.98%
Number of Holdings 1813 19 11153 7.85%
Net Assets in Top 10 521 M 4.25 M 71.5 B 45.55%
Weighting of Top 10 33.87% 7.5% 91.1% 37.17%

Top 10 Holdings

  1. UST NOTES 1.125% 08/31/2028 5.81%
  2. UNITED STATES TREASURY BOND 4.375% 08/15/2043 5.45%
  3. UNITED STATES TREASURY BOND 3% 02/15/2049 4.76%
  4. UST NOTES 3.75% 05/31/2030 3.64%
  5. UST NOTES 3.5% 01/15/2029 3.03%
  6. UNITED STATES TREASURY BOND 3.625% 02/15/2053 2.97%
  7. Fidelity Cash Central Fund 2.23%
  8. UST NOTES 4.25% 02/28/2031 2.05%
  9. UST NOTES 3.875% 08/15/2034 2.00%
  10. UNITED STATES TREASURY BOND 4.625% 11/15/2044 1.93%

Asset Allocation

Weighting Return Low Return High FVIIX % Rank
Bonds
92.18% 0.03% 172.98% 90.58%
Cash
7.69% 0.00% 10.68% 14.14%
Other
0.13% -56.46% 37.46% 60.73%
Stocks
0.00% 0.00% 96.91% 32.46%
Preferred Stocks
0.00% 0.00% 0.58% 28.27%
Convertible Bonds
0.00% 0.00% 3.29% 27.75%

Bond Sector Breakdown

Weighting Return Low Return High FVIIX % Rank
Government
54.08% 0.00% 99.84% 31.41%
Securitized
34.00% 0.00% 99.79% 70.16%
Cash & Equivalents
2.23% 0.00% 10.68% 42.93%
Corporate
0.21% 0.00% 9.48% 17.28%
Derivative
0.13% -5.90% 1.03% 23.04%
Municipal
0.00% 0.00% 5.24% 40.84%

Bond Geographic Breakdown

Weighting Return Low Return High FVIIX % Rank
US
92.18% 0.03% 172.98% 90.58%
Non US
0.00% 0.00% 1.06% 27.75%

FVIIX - Expenses

Operational Fees

FVIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.49% 0.02% 2.61% 66.84%
Management Fee 0.28% 0.00% 0.70% 44.50%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

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

Trading Fees

FVIIX 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.

FVIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 223.00% 3.35% 948.00% 57.60%

FVIIX - Distributions

Dividend Yield Analysis

FVIIX Category Low Category High FVIIX % Rank
Dividend Yield 0.00% 1.54% 4.94% 79.58%

Dividend Distribution Analysis

FVIIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FVIIX Category Low Category High FVIIX % Rank
Net Income Ratio 0.75% -0.80% 2.30% 48.42%

Capital Gain Distribution Analysis

FVIIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Annually Annually

Distributions History

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FVIIX - 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 8.66 7.35