Fidelity Mortgage Securities (FMSFX) a Zacks Rank #1 (Strong Buy) invests at least 80% of its total assets in investment-grade mortgage-related securities (those of medium and high quality) and repurchase agreements for those securities.
The Fidelity Mortgage Securities fund, managed by Fidelity, carries an expense ratio of 0.45%. Moreover, FMSFX requires a minimal initial investment of $2,500.
FMSFX 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 0.74%, 3 year 2.66% and 5 year 2.29%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .
FMSFX’s performance, as of the last filing, when compared to funds in its category was in the top 49% in 1 year, top 17% over the past 3 years, and in the 26% over the past 5 years.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>
View All Zacks #1 Ranked Mutual Funds
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Get Your Free (FMSFX): Fund Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
March 21, 2017 at 03:50PM
http://ift.tt/2nZfyEz
from Zacks Equity Research
http://ift.tt/2nZfyEz
No comments:
Post a Comment