Fidelity Limited Term Government Fund (FFXSX)
The fund invests at least 80% of assets in U.S. government securities and repurchase agreements for those securities. It invests in U.S. government securities issued by entities that are chartered or sponsored by Congress but whose securities are neither issued nor guaranteed by the U.S. Treasury. The fund invests in instruments related to U.S. government securities. It normally maintains a dollar-weighted average maturity between two and five years.
Fund Info
| ISIN | US3158094009 |
|---|---|
| CUSIP | 315809400 |
| Issuer | Fidelity |
| Inception Date | Nov 10, 1986 |
| Category | Government Bonds |
| Min. Investment | $0 |
| Asset Class | Bond |
Expense Ratio
FFXSX has a high expense ratio of 0.45%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: FFXSX vs. BNDX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Limited Term Government Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Limited Term Government Fund had a return of 0.08% year-to-date (YTD) and 1.92% in the last 12 months. Over the past 10 years, Fidelity Limited Term Government Fund had an annualized return of 0.69%, while the S&P 500 had an annualized return of 10.90%, indicating that Fidelity Limited Term Government Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.08% | 11.05% |
| 1 month | 1.07% | 4.86% |
| 6 months | 2.10% | 17.50% |
| 1 year | 1.92% | 27.37% |
| 5 years (annualized) | 0.44% | 13.14% |
| 10 years (annualized) | 0.69% | 10.90% |
Monthly Returns
The table below presents the monthly returns of FFXSX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.51% | -0.85% | 0.21% | -0.64% | 0.08% | ||||||||
| 2023 | 1.24% | -1.33% | 2.10% | 0.10% | -0.28% | -0.78% | 0.29% | 0.18% | -0.75% | 0.05% | 1.81% | 1.40% | 4.05% |
| 2022 | -0.95% | -0.48% | -2.08% | -0.98% | 0.73% | -0.77% | 0.73% | -1.30% | -1.91% | -0.41% | 1.20% | -0.17% | -6.26% |
| 2021 | -0.14% | -0.46% | -0.25% | 0.14% | 0.14% | -0.16% | 0.43% | -0.16% | -0.36% | -0.45% | 0.03% | -0.23% | -1.46% |
| 2020 | 0.94% | 1.12% | 1.59% | 0.18% | 0.09% | 0.08% | 0.16% | -0.13% | -0.04% | -0.15% | 0.04% | 0.00% | 3.91% |
| 2019 | 0.36% | -0.05% | 0.88% | 0.06% | 1.08% | 0.56% | -0.14% | 1.15% | -0.25% | 0.25% | -0.16% | -0.03% | 3.75% |
| 2018 | -0.60% | -0.21% | 0.20% | -0.29% | 0.52% | -0.10% | -0.10% | 0.42% | -0.30% | 0.12% | 0.53% | 0.97% | 1.16% |
| 2017 | 0.19% | 0.09% | 0.11% | 0.30% | 0.20% | -0.10% | 0.19% | 0.39% | -0.41% | -0.11% | -0.30% | 0.01% | 0.56% |
| 2016 | 0.98% | 0.27% | 0.17% | -0.05% | -0.21% | 0.96% | -0.13% | -0.33% | 0.16% | -0.23% | -0.92% | -0.08% | 0.59% |
| 2015 | 0.96% | -0.53% | 0.44% | 0.06% | -0.04% | -0.14% | 0.26% | -0.14% | 0.56% | -0.34% | -0.24% | -0.29% | 0.55% |
| 2014 | 0.45% | 0.14% | -0.16% | 0.15% | 0.46% | -0.05% | -0.24% | 0.26% | -0.14% | 0.46% | 0.26% | -0.30% | 1.30% |
| 2013 | -0.06% | 0.24% | 0.03% | 0.14% | -0.45% | -0.47% | 0.13% | -0.36% | 0.53% | 0.24% | 0.24% | -0.50% | -0.30% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FFXSX is 19, indicating that it is in the bottom 19% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
FFXSX (Fidelity Limited Term Government Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Limited Term Government Fund (FFXSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Limited Term Government Fund granted a 2.42% dividend yield in the last twelve months. The annual payout for that period amounted to $0.23 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.23 | $0.21 | $0.09 | $0.05 | $0.13 | $0.19 | $0.13 | $0.12 | $0.12 | $0.09 | $0.10 | $0.08 |
Dividend yield | 2.42% | 2.21% | 0.99% | 0.49% | 1.28% | 1.86% | 1.34% | 1.18% | 1.20% | 0.85% | 0.99% | 0.80% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Limited Term Government Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.08 | |||||||
| 2023 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.21 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.09 |
| 2021 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.05 |
| 2020 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.00 | $0.04 | $0.13 |
| 2019 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.02 | $0.19 |
| 2018 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.13 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.12 |
| 2016 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.04 | $0.12 |
| 2015 | $0.01 | $0.01 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.09 |
| 2014 | $0.01 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.04 | $0.10 |
| 2013 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.08 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Limited Term Government Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Limited Term Government Fund was 9.44%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current Fidelity Limited Term Government Fund drawdown is 4.10%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -9.44% | Aug 7, 2020 | 558 | Oct 20, 2022 | — | — | — |
| -4.23% | Feb 1, 1994 | 70 | May 9, 1994 | 202 | Feb 15, 1995 | 272 |
| -3.33% | Feb 11, 1992 | 10 | Feb 24, 1992 | 82 | Jun 17, 1992 | 92 |
| -2.91% | Nov 5, 2010 | 30 | Dec 17, 2010 | 112 | May 31, 2011 | 142 |
| -2.85% | Jun 16, 2003 | 51 | Aug 27, 2003 | 126 | Feb 27, 2004 | 177 |
Volatility
Volatility Chart
The current Fidelity Limited Term Government Fund volatility is 0.71%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.