FGMNX Performance — Fidelity GNMA Fund
Data updated: 2026-10-13
FGMNX returned +0.34% year to date and +4.29% over one year to Jul 2026. Annualised returns are +4.22% over 3 years and +0.31% over 5 years. Against its Intermediate Securitized Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $113, against $115 for the category, and to $104 over one year, against $104. Volatility over the past three years was 6.19% a year. In the 12 months to Jul 2026 the fund lost a net $100.6M, and assets reached $1.70B.
FGMNX Growth of $100
What $100 invested in Fidelity GNMA Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Securitized Bond category average over the same months.
| Period | FGMNX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $104 | $104 |
| 3 years (Aug 2023 – Jul 2026) | $113 | $115 |
| 5 years (Aug 2021 – Jul 2026) | $102 | $103 |
| Since data start (Aug 2019 – Jul 2026) | $107 | $111 |
FGMNX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.34% |
| 1 year | +4.29% |
| 3 years (annualised) | +4.22% |
| 5 years (annualised) | +0.31% |
FGMNX Annual Returns
Calendar-year total returns of Fidelity GNMA Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +0.34% |
| 2025 | +7.90% |
| 2024 | +1.01% |
| 2023 | +5.42% |
| 2022 | −11.28% |
| 2021 | −0.84% |
| 2020 | +3.74% |
| 2019 (Aug–Dec) | +1.34% |
FGMNX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.7% | +1.6% | −1.4% | +0.3% | +0.1% | +0.3% | −1.1% | — | — | — | — | — |
| 2025 | +0.7% | +2.3% | +0.1% | +0.2% | −0.8% | +1.5% | −0.3% | +1.5% | +1.1% | +0.7% | +0.6% | 0.0% |
| 2024 | −0.4% | −1.7% | +0.9% | −2.6% | +1.8% | +1.1% | +2.5% | +1.5% | +1.2% | −2.8% | +1.2% | −1.5% |
| 2023 | +3.1% | −2.5% | +2.2% | +0.7% | −1.0% | −0.6% | 0.0% | −0.6% | −3.1% | −2.1% | +5.2% | +4.4% |
| 2022 | −1.3% | −0.6% | −2.6% | −3.4% | +1.1% | −1.8% | +3.1% | −3.0% | −4.9% | −1.1% | +3.7% | −0.7% |
| 2021 | +0.1% | −0.2% | −0.3% | +0.4% | −0.2% | −0.1% | +0.2% | 0.0% | −0.2% | −0.4% | 0.0% | −0.1% |
| 2020 | +0.5% | +0.8% | +0.9% | +0.7% | +0.5% | −0.1% | +0.1% | +0.2% | −0.1% | 0.0% | +0.2% | +0.1% |
| 2019 | — | — | — | — | — | — | — | +0.6% | +0.1% | +0.4% | 0.0% | +0.1% |
FGMNX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 6.19%
- 3-year Sharpe ratio: -0.04 (vs 4.5% risk-free rate)
- Best month: +5.20% (Nov 2023)
- Worst month: −3.12% (Sep 2023)
FGMNX Fund Flows
Monthly money in and out of Fidelity GNMA Fund, from SEC Form N-PORT.
- 12-month net flow: −$100.6M
- 12-month gross sales (incl. reinvestments): $226.2M
- Sales ÷ redemptions: 0.69×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $18.5M | $23.8M | −$5.3M |
| Jun 2026 | $39.0M | $21.6M | $17.4M |
| May 2026 | $45.3M | $24.5M | $20.9M |
| Apr 2026 | $20.8M | $28.5M | −$7.7M |
| Mar 2026 | $14.1M | $20.5M | −$6.4M |
| Feb 2026 | $16.7M | $22.0M | −$5.3M |
| Jan 2026 | $11.0M | $28.3M | −$17.3M |
| Dec 2025 | $11.5M | $41.3M | −$29.8M |
| Nov 2025 | $14.2M | $25.2M | −$11.0M |
| Oct 2025 | $12.8M | $29.6M | −$16.8M |
| Sep 2025 | $11.4M | $32.9M | −$21.5M |
| Aug 2025 | $10.8M | $28.5M | −$17.7M |
FGMNX Assets Under Management
Net assets of Fidelity GNMA Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.70B |
| 2026-04-30 | $1.70B |
| 2026-01-31 | $1.73B |
| 2025-10-31 | $1.78B |
| 2025-07-31 | $1.79B |
| 2025-04-30 | $1.82B |
| 2025-01-31 | $1.84B |
| 2024-10-31 | $1.95B |
| 2024-07-31 | $2.05B |
| 2024-04-30 | $2.03B |
| 2024-01-31 | $2.17B |
| 2023-10-31 | $2.08B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.