No. of Recommendations: 0
Was kinda alarmed the NAV of Fidelity GNMA went down by 25 cents since Thursday's closing.
Looked at Vangaurd's fund, seems to be exhibing about the same behavior.
Maybe just me but don't recall GNMA funds being this volatile in the past...
Maybe all the crazyness affecting these funds somehow?
date Vangaurd Daily CHG Fidelity Daily CHG
October 20, 2008 $10.34 0.15 $10.92 0.11
October 21, 2008 $10.34 0.00 $10.98 0.06
October 22, 2008 $10.36 0.02 $10.99 0.01
October 23, 2008 $10.30 (0.06) $10.96 (0.03)
October 24, 2008 $10.22 (0.08) $10.86 (0.10)
October 27, 2008 $10.15 (0.07) $10.76 (0.10)
October 28, 2008 $10.10 (0.05) $10.71 (0.05)