This article discusses how the legendary general Yue Fei (1103–1142) and his legacy have been perceived and appropriated in Chinese history. Twentieth-century historians approached Yue's career by highlighting the tension between his dedication to the nation (baoguo) and his personal loyalty (jinzhong) to Emperor Gaozong (1107–1187) of the Song. I argue that for Yue Fei himself and those who wrote about him in late imperial China, Yue's guo, from which he derived his political identity and toward which he devoted his service, meant first and foremost the Song dynastic state. The pushing and pulling of multivalent themes of loyalty and state service in the “historic assessment” of Yue Fei since the turn of the twentieth century speak to the complexities embedded in different Chinese governments’ navigation of ethnic and class politics in their pursuit of a new national identity for China.