FVIAX — Fidelity Government Income Fund
Data updated: 2026-07-24
FVIAX — Fidelity Government Income Fund. Long Treasury / Sovereign Bond · $1.39B AUM · 0.79% expense ratio. Holdings, fees, performance and SEC filings.
FVIAX Fund Overview
FVIAX — Fidelity Government Income Fund is a US mutual fund managed by Fidelity Income Fund /ma/, categorised as Long Treasury / Sovereign Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Fidelity Income Fund /ma/
- Category: Long Treasury / Sovereign Bond
- Assets under management: $1.39B
- 1-year return: 4.0%
- Ticker: FVIAX
- SEC CIK: 0000751199
- SEC series ID: S000007069
- Share class ID: C000038098
FVIAX Holdings
Top 10 holdings of Fidelity Government Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Ust Notes | 10.26% |
| Ust Notes | 8.24% |
| Ust Notes | 7.86% |
| United States Treasury Bond | 5.74% |
| United States Treasury Bond | 4.19% |
| Ust Notes | 3.79% |
| United States Treasury Bond | 3.10% |
| Ust Notes | 2.85% |
| Ust Notes | 2.66% |
| United States Treasury Bond | 1.97% |
FVIAX Portfolio Allocation
Asset-class allocation of Fidelity Government Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 58.8% |
| Securitized | 44.3% |
| Cash & Equivalents | 0.9% |
| Real Estate | 0.2% |
FVIAX Performance
Total returns for FVIAX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.2% |
| 1 year | 4.0% |
| 3 years (annualised) | -22.8% |
| 5 years (annualised) | -31.2% |
FVIAX Risk Information
Risk metrics for FVIAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.3%
FVIAX Costs and Fees
FVIAX costs about $79 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.79%
- Gross expense ratio: 0.79%
- Portfolio turnover: 279%
- Brokerage commissions: 0.33 bps of average net assets (SEC N-CEN)
FVIAX Cashflows
Over the 12 months to 2026-05, Fidelity Government Income Fund had net outflows of $384.17M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$9.56M |
| 2026-04 | −$21.66M |
| 2026-03 | −$79.60M |
| 2026-02 | −$12.57M |
| 2026-01 | −$24.58M |
| 2025-12 | −$58.80M |
FVIAX Debt Constituents
Largest debt holdings of Fidelity Government Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Ust Notes | 10.26% |
| Ust Notes | 8.24% |
| Ust Notes | 7.86% |
| United States Treasury Bond | 5.74% |
| United States Treasury Bond | 4.19% |
| Ust Notes | 3.79% |
| United States Treasury Bond | 3.10% |
| Ust Notes | 2.85% |
| Ust Notes | 2.66% |
| United States Treasury Bond | 1.97% |
FVIAX Prospectus and SEC Filings
Official Fidelity Government Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-10-27
- Prospectus (485BPOS) — filed 2024-10-25
- Prospectus supplement (497) — filed 2024-03-01
- Portfolio holdings (N-PORT) — filed 2026-07-24
- Portfolio holdings (N-PORT) — filed 2026-04-24
- Portfolio holdings (N-PORT) — filed 2026-01-23
- Annual census (N-CEN) — filed 2025-11-12
- Annual census (N-CEN) — filed 2024-11-13
Related Funds
Other Long Treasury / Sovereign Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.