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Guide to Fidelity Intermediate Government Income Fund (FSTGX)

Fidelity Intermediate Government Income ( FSTGX ) a Zacks Ranked #2 (Buy) was incepted in May 1988. The Fidelity Group manages FSTGX. The main objective of FSTGX is to seek high level of current income as is consistent with preservation of capital. FSTGX fund normally invests a minimum of 80% of total assets in U.S. Government securities and repurchase agreements for those securities. FSTGX invests in instruments related to U.S. Government securities while normally maintaining a dollar-weighted average maturity of three to ten years. FSTGX is managed to have similar overall interest rate risk to the Lehman Brothers Intermediate Government Bond Index.

Fidelity Intermediate Government Income, managed by Fidelity , carries an expense ratio of 0.45. Moreover, FSTGX requires a minimal initial investment of $2,500.

FSTGX has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 1, 3, 5 year benchmarks; 1 year 1.50%, 3 year 0.84% and 5 year 1.70%. To see how this fund performed compared in its category, please click here .

FSTGX's performance, as of the last filing, when compared to funds in its category was in the top 18% in 1 year, top 28% over the past 3 years, and in the 52% over the past 5 years.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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