Fidelity Mortgage Securities Fund (FMSFX)
Fidelity Mortgage Securities Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $9.83, up 0.10% on the session, giving a market capitalisation of $775.3M. Its beta of 1.18 implies it has historically moved more than the broad market.
The Fidelity Mortgage Securities Fund typically allocates a minimum of 80% of its assets to investment-grade mortgage-backed securities and their corresponding repurchase agreements, which are classified as having medium to high credit quality. Additionally, the fund invests in U.S. government debt instruments and related financial products. It specifically includes government securities issued by entities authorized or supported by Congress, making it clear that these particular holdings are not directly issued or guaranteed by the U.S. Treasury.
Fidelity Mortgage Securities Fund is most often compared with the following Financial Services names: