Address And Details

82 Devonshire St , Boston, MA 02109
Fund Manager Franco Castagliuolo
Manager Tenure 11 Years 9 Months

Strategy And Objective

The fund seeks a high level of current income, consistent with preservation of principal. 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 Barclays 75% U.S. Government/25% U.S. MBS 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).

Net Asset Value

as of 5:22 PM ET 09/17/2021

Performance

  • 1 Week
  • 0.00%
  • 1 Month
  • -0.19%
  • 3 Months
  • +0.94%
  • 1 Yr Return
  • -3.84%
  • 5 Yr Return
  • +1.32%

Equity Sector Breakdown

ConsumerDurables n/a
Energy n/a
Finance n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Bonds 88.37%
Other 10.11%
Cash 1.52%
Stocks 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 185.88 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -0.60 -0.89 -0.88
Beta 0.89 0.91 0.92
R Squared 0.65 0.73 0.80
Std Deviation 3.80 3.44 3.04
Sharpe Ratio 0.86 0.28 n/a

Purchase Information

as of 5:16 PM ET 09/16/2021
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 05/31/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 05/31/2021
1 Year
  • -1.84%
  • -3.33%
-1.84% -3.33%
3 Year
  • +4.17%
  • +3.73%
+4.17% +3.73%
10 Year
  • +2.03%
  • +2.19%
+2.03% +2.19%
Life Of Fund
  • +3.43%
  • +3.38%
+3.43% +3.38%

Top 10 Holdings

Symbol Company Name % Of Assets
n/a

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