Breaking News
Get 40% Off 0
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks
Close

Fidelity Gnma Fund (FGMNX)

Create Alert
New!
Create Alert
Website
  • As an alert notification
  • To use this feature, make sure you are signed-in to your account
Mobile App
  • To use this feature, make sure you are signed-in to your account
  • Make sure you are signed-in with the same user profile

Condition

Frequency

Once
%

Frequency

Frequency

Delivery Method

Status

Add to/Remove from Watchlist Add to Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
9.79 -0.02    -0.20%
01:00:00 - Delayed Data. Currency in USD ( Disclaimer )
Type:  Fund
Market:  United States
Issuer:  Fidelity Investments
Asset Class:  Bond
  • Morningstar Rating:
  • Total Assets: 2.1B
Fidelity GNMA 9.79 -0.02 -0.20%

Fidelity Gnma Fund Overview

 
On this page you'll find an in-depth profile of Fidelity Gnma Fund. Learn about the key management, total assets, investment strategy and contact information of FGMNX among other information.
Category

Intermediate Government

Total Assets

2.1B

Expenses

0.45%

Inception Date

Nov 08, 1985

Investment Strategy

The investment seeks a high level of current income consistent with prudent investment risk. 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. The fund invests 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. It seeks to have similar overall interest rate risk to the Bloomberg Barclays GNMA Index.

Contact Information

Address 483 Bay Street
Toronto,ON M5G 2N7
Canada
Phone 416-307-5200
Fax 1-800-387-8092

Top Executives

Name Title Since Until
Sean Corcoran Co-Manager 2017 Now
Biography Since joined Fidelity Investments in 2001 and has worked as a research analyst and portfolio manager.
Franco Castagliuolo Portfolio Manager 2009 Now
Biography Franco Castagliuolo joined Fidelity Investments in 1996, since then Mr. Castagliuolo has worked as a research associate and portfolio manager.
William Irving Portfolio Manager 2004 2017
Biography Bill Irving is managing director of research in the Global Asset Allocation (GAA) division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals.
Thomas Silvia Portfolio Manager 1998 2004
Biography Silvia is a portfolio manager with Fidelity Investments, his employer since 1993. Previously, he pent three years as a quantitative analyst for Donaldson, Lufkin & Jenrette and two years as a trader for LF Rothschild. Silvia is a board member of the National Neurofibromatosis Foundation - Massachusetts Chapter and a trustee of the University of Rhode Island Foundation.
Curt Hollingsworth Lead Portfolio Manager 1997 1998
Biography Hollingsworth joined Fidelity Brokerage Services as a trader in 1983. Two years later, he became a portfolio manager for Fidelity Management & Research Corporation and since that time has worked exclusively in the management of government securities. A disciplined investor, Hollingsworth believes it is extremely difficult to forecast interest rates; it is easier to add value by adjusting a bond portfolio's sector weightings and yield-curve exposure.
Kevin E. Grant - 1995 1997
Biography Kevin E. Grant, CFA Chief Executive Officer and President Mr. Grant is the founder of CYS Investments, Inc and has served as Chief Executive Officer, President, and chairman of the board of directors since inception in January 2006. On September 1, 2011, Mr. Grant assumed the title of Chief Investment Officer. In January 2005, Mr. Grant formed Sharpridge Capital Management, L.P. (Sharpridge), which served as a sub-advisor to our prior Manager through August 2011. Prior to forming Sharpridge, Mr. Grant was Vice President and Portfolio Manager at Fidelity Investments, where he had direct or indirect responsibility for management of a number of mutual funds’ fixed income assets, as well as separate accounts for Fidelity’s institutional clients. Over the course of his career at Fidelity, Mr. Grant’s mutual fund responsibilities included the Mortgage Securities Fund, Investment Grade Bond Fund, Total Bond Fund, the fixed income portion of Fidelity Puritan Fund and Strategic Income Fund. Prior to joining Fidelity in 1993, Mr. Grant was head of Mortgage Strategy for Morgan Stanley & Co. Incorporated. He began his investing career at Aetna Bond Investors in 1985. He earned a BA in Economics and an MBA from the University of Hartford. Mr. Grant is a Chartered Financial Analyst, a member of the CFA Institute and the Boston Security Analysts Society.
Robert C. Ives Vice President 1993 1995
Biography Ives is a vice president with Fidelity Investments, his employer since 1991. He previously spent one year as a consultant to the Air Force for MITRE Corporation and two years as an engineer for Bell Labs. Ives was born in 1962. He attended graduate school at Stanford on a Bell Labs Scholarship.
Sharmin Mossavar-Rahman Analyst, Portfolio Manager 1993 1993
Biography Mossavar-Rahman is a fixed-income analyst and portfolio manager with Fidelity.
James R. Wolfson - 1987 1993
Michael S. Gray vice president1 1985 1987
Biography Currently a vice president, Gray joined Fidelity Investments in 1982 as a bond analyst. He became a portfolio manager in 1984. From 1978 to 1980, he was an investment representative with Key Bank NA. Gray is a director of the Bond Analysts Society of Boston. He was born November 7, 1956 in Norwood, Massachusetts. He and his wife Tanya have three children.
Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

FGMNX Comments

Write your thoughts about Fidelity Gnma Fund
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email