Morningstar

Fidelity Mortgage Securities FMSFX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 9.98  /  −0.78 %
  • Total Assets 615.9 Mil
  • Adj. Expense Ratio
    0.450%
  • Expense Ratio 0.450%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 3.75%
  • Effective Duration 5.43 years

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:28 PM GMT+0

Morningstar’s Analysis FMSFX

Will FMSFX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FMSFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FMSFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FMSFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

New to the intermediate government Morningstar Category, this is a strong long-term option.

Analyst Max Curtin

Max Curtin

Analyst

Summary

Fidelity Mortgage Securities’ combination of experienced structured product investors and strong quantitative capabilities inspires confidence.

by Max Curtin
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FMSFX

More FMSFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 28.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Cash Central Fund

13.85 84.1 Mil
Cash and Equivalents

Federal National Mortgage Association 2%

7.98 48.4 Mil
Securitized

Federal National Mortgage Association 5.5%

2.72 16.5 Mil
Securitized

Federal National Mortgage Association 6%

2.42 14.7 Mil
Securitized

Government National Mortgage Association 2%

2.40 14.6 Mil
Securitized

Federal National Mortgage Association 2%

2.38 14.4 Mil
Securitized

Federal National Mortgage Association 2.5%

2.26 13.7 Mil
Securitized

Government National Mortgage Association 3%

2.16 13.1 Mil
Securitized

Government National Mortgage Association 3.5%

2.08 12.6 Mil
Securitized

Government National Mortgage Association 5%

1.90 11.5 Mil
Securitized

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