Fidelity Floating Rate High Income (FFRHX)

Today Personal Finance Editor Philip Springer recommends a bond fund for today’s interest rate environment. “Fidelity Floating Rate High Income (FFRHX) should be the least impacted of our [bond fund] holdings when quantitative easing (QE) ends. “The fund holds a portfolio of higher-quality, more liquid bank...
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Fidelity GNMA Fund (FGMNX)

In today’s Daily Alert, Personal Finance Editor Philip Springer recommends selling the Fidelity GNMA Fund (FGMNX), recommended here on March 12, 2013, and in Dividend Digest issue 246. “Mortgage-backed securities have performed extremely well over the past few years, particularly Ginnie Mae bonds (GNMA), which carry an government guarantee...
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