FHNFX Performance — Fidelity Series Government Bond Index Fund
Data updated: 2026-07-24
FHNFX returned +0.16% year to date and +3.73% over one year to May 2026. Annualised returns are +2.88% over 3 years and −0.24% over 5 years. The fund trailed its Intermediate Government Bond category average: $100 invested three years ago grew to $109, against $112 for the category, and to $104 over one year, against $105. Volatility over the past three years was 4.85% a year. In the 12 months to May 2026 the fund took in a net $235.3M, and assets reached $1.46B.
FHNFX Growth of $100
What $100 invested in Fidelity Series Government Bond Index Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Government Bond category average over the same months.
| Period | FHNFX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $104 | $105 |
| 3 years (Jun 2023 – May 2026) | $109 | $112 |
| 5 years (Jun 2021 – May 2026) | $99 | $104 |
| Since data start (Sep 2019 – May 2026) | $101 | $111 |
FHNFX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.16% |
| 1 year | +3.73% |
| 3 years (annualised) | +2.88% |
| 5 years (annualised) | −0.24% |
FHNFX Annual Returns
Calendar-year total returns of Fidelity Series Government Bond Index Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +0.16% |
| 2025 | +6.20% |
| 2024 | +0.72% |
| 2023 | +4.29% |
| 2022 | −12.35% |
| 2021 | −2.35% |
| 2020 | +7.97% |
| 2019 (Sep–Dec) | −1.82% |
FHNFX 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 | +0.1% | +1.7% | −1.7% | 0.0% | +0.1% | — | — | — | — | — | — | — |
| 2025 | +0.5% | +2.2% | +0.2% | +0.6% | −1.0% | +1.2% | −0.3% | +1.1% | +0.9% | +0.5% | +0.6% | −0.4% |
| 2024 | −0.2% | −1.3% | +0.5% | −2.1% | +1.4% | +1.1% | +2.2% | +1.3% | +1.1% | −2.3% | +0.7% | −1.6% |
| 2023 | +2.7% | −2.3% | +2.9% | +0.5% | −1.2% | −0.8% | −0.3% | −0.5% | −2.2% | −1.1% | +3.4% | +3.3% |
| 2022 | −1.7% | −0.7% | −3.1% | −3.0% | +0.1% | −0.8% | +1.6% | −2.5% | −3.3% | −1.4% | +2.6% | −0.8% |
| 2021 | −0.9% | −1.8% | −1.5% | +0.8% | +0.2% | +0.8% | +1.4% | −0.2% | −1.1% | 0.0% | +0.8% | −0.7% |
| 2020 | +2.7% | +2.5% | +3.1% | +0.3% | −0.2% | +0.1% | +1.1% | −1.2% | +0.3% | −1.1% | +0.5% | −0.3% |
| 2019 | — | — | — | — | — | — | — | — | −0.9% | 0.0% | −0.3% | −0.7% |
FHNFX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 4.85%
- 3-year Sharpe ratio: -0.33 (vs 4.5% risk-free rate)
- Best month: +3.36% (Nov 2023)
- Worst month: −2.27% (Oct 2024)
FHNFX Fund Flows
Monthly money in and out of Fidelity Series Government Bond Index Fund, from SEC Form N-PORT.
- 12-month net flow: $235.3M
- 12-month gross sales (incl. reinvestments): $588.3M
- Sales ÷ redemptions: 1.67×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $30.2M | $34.5M | −$4.3M |
| Apr 2026 | $12.8M | $42.5M | −$29.6M |
| Mar 2026 | $70.2M | $52.9M | $17.3M |
| Feb 2026 | $56.1M | $8.2M | $47.9M |
| Jan 2026 | $27.9M | $41.1M | −$13.3M |
| Dec 2025 | $90.4M | $77.6M | $12.8M |
| Nov 2025 | $44.7M | $12.5M | $32.2M |
| Oct 2025 | $56.7M | $12.2M | $44.5M |
| Sep 2025 | $30.4M | $35.2M | −$4.9M |
| Aug 2025 | $24.0M | $11.9M | $12.2M |
| Jul 2025 | $45.0M | $16.1M | $28.9M |
| Jun 2025 | $100.0M | $8.3M | $91.7M |
FHNFX Assets Under Management
Net assets of Fidelity Series Government Bond Index Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $1.46B |
| 2026-02-28 | $1.52B |
| 2025-11-30 | $1.47B |
| 2025-08-31 | $1.38B |
| 2025-05-31 | $1.23B |
| 2025-02-28 | $1.12B |
| 2024-11-30 | $985.38M |
| 2024-08-31 | $939.06M |
| 2024-05-31 | $853.54M |
| 2024-02-29 | $802.31M |
| 2023-11-30 | $768.79M |
| 2023-08-31 | $754.58M |
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.