Fidelity Intermediate Government Income Fund (FSTGX)
Fidelity Intermediate Government Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $9.76, up 0.00% on the session, giving a market capitalisation of $522.8M. Its beta of 0.58 implies it has historically moved less than the broad market.
This fund seeks to generate significant current income while prioritizing the protection of its original capital. It typically allocates at least 80% of its holdings to U.S. government debt instruments and corresponding repurchase agreements. Notably, these government securities are issued by entities chartered or sponsored by the U.S. Congress, not directly by the U.S. Treasury, meaning they are not guaranteed by the Treasury itself. The investment advisor maintains a dollar-weighted average maturity for the portfolio between three and ten years, strategically distributing assets across various market sectors and maturity profiles. Furthermore, the fund includes investments in Fidelity's proprietary central funds.
Fidelity Intermediate Government Income Fund is most often compared with the following Financial Services names: