Fidelity Government Income benefits from a well-resourced team and a risk-conscious approach backed by the firm's deep mortgage analytics. Its cheapest share class earns a Morningstar Analyst Rating of Silver, while its pricier shares range from Bronze to Neutral.
Will FGOVX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FGOVX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FGOVX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FGOVX’s parent organization’s priorities and whether they’re in line with investors’ interests.