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MGOIX MainStay Government I

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Fund MGOIX MainStay Government I FGOVX Fidelity® Government Income  
100% 86%
Annual Fees
(0.75% Exp. Ratio)
(0.45% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.07% annual return
$14,747.50 $16,145.11
Est. savings over 30 yrs +$1,397.61
As of 9/30/16
1 YR RETURN 3.23%
3 YR 2.89%
5 YR 2.16%
10 YR 4.04%
1 YR RETURN 3.66%
3 YR 3.26%
5 YR 2.23%
10 YR 4.40%
The investment seeks current income. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in U.S. government securities. Its principal investments are debt securities issued or guaranteed by the U.S. government, its agencies and instrumentalities. The fund may invest up to 20% of its net assets in mortgage-related and asset-backed securities or other investment grade debt securities that are not U.S. government securities.
The investment seeks a high level of current income, consistent with preservation of principal. The fund normally 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 allocates assets across different market sectors and maturities.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.


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Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.


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