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FGNILX

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    526.9575$
  • Previous Close
    526.9575$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FGNILX.US represents the Fidelity GNMA Index Fund, a mutual fund offered by Fidelity Investments. This fund seeks to replicate the performance of the Government National Mortgage Association (GNMA) index, which tracks U.S. mortgage-backed securities guaranteed by GNMA (also known as Ginnie Mae). These securities are backed by the full faith and credit of the U.S. government, making them generally considered to be low-risk. Consequently, FGNILX primarily invests in these Ginnie Mae securities, aiming to provide investors with exposure to the U.S. mortgage market and a stable stream of income.
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Factors

Please provide at least 3 factors. Fund Performance: Past performance impacts investor demand; strong returns attract investment, boosting the price.

Interest Rates: Rising rates can decrease bond values held within the fund, thus lowering the fund's price.

Market Sentiment: General investor confidence or fear affects fund flows; positive sentiment increases demand.

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