AGMHX: American Century Ginnie Mae Fund - MutualFunds.com
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AGMHX - Snapshot

Vitals

  • YTD Return -1.8%
  • 3 Yr Annualized Return 3.6%
  • 5 Yr Annualized Return 2.0%
  • Net Assets $960 M
  • Holdings in Top 10 46.8%

52 WEEK LOW AND HIGH

$10.50
$10.50
$10.78

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.45%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 308.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $5,000,000
  • IRA N/A

Fund Classification


Compare AGMHX to Popular Intermediate-Term U.S. Treasury Bond Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$10.63

0.00%

$26.54 B

1.19%

$0.13

-1.02%

0.21%

iShares MBS ETF

MBB | ETF

$108.00

-0.11%

$25.69 B

1.88%

$2.04

-1.79%

0.06%

$14.11

+0.21%

$22.18 B

0.63%

$0.09

-1.95%

0.65%

$53.26

-0.09%

$16.58 B

1.23%

$0.66

-1.39%

0.05%

$21.30

-0.05%

$16.58 B

1.22%

$0.26

-1.48%

0.07%

AGMHX - Profile

Distributions

  • YTD Total Return -1.8%
  • 3 Yr Annualized Total Return 3.6%
  • 5 Yr Annualized Total Return 2.0%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.85%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    American Century Ginnie Mae Fund
  • Fund Family Name
    American Century Investments
  • Inception Date
    Apr 10, 2017
  • Shares Outstanding
    26004525
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Dan Shiffman

Fund Description

Under normal market conditions, the fund invests at least 80% of its net assets in securities issued by the Government National Mortgage Association (GNMA). GNMA certificates represent interests in pools of mortgage loans and in the cash flows from these loans. To generate additional income, the fund may purchase securities, including mortgage dollar rolls, in advance through when-issued and forward commitment transactions. It may commit up to 35% of its total assets to such transactions.


AGMHX - Performance

Return Ranking - Trailing

Period AGMHX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.8% -4.3% 11.2% 39.50%
1 Yr -0.6% -5.0% 2.8% 38.43%
3 Yr 3.6%* 1.8% 7.0% 61.09%
5 Yr 2.0%* 0.3% 3.7% 58.58%
10 Yr 2.2%* 0.4% 5.6% 60.78%

* Annualized

Return Ranking - Calendar

Period AGMHX Return Category Return Low Category Return High Rank in Category (%)
2020 1.5% -1.3% 8.8% 81.47%
2019 3.3% -48.1% 7.1% 54.15%
2018 -2.2% -5.4% 0.2% 78.80%
2017 N/A -2.4% 0.7% N/A
2016 N/A -9.3% 0.0% N/A

Total Return Ranking - Trailing

Period AGMHX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.8% -4.3% 11.2% 38.66%
1 Yr -0.6% -8.1% 2.8% 30.58%
3 Yr 3.6%* 1.2% 7.0% 54.39%
5 Yr 2.0%* 0.2% 3.7% 52.72%
10 Yr 2.2%* 0.4% 5.6% 54.31%

* Annualized

Total Return Ranking - Calendar

Period AGMHX Return Category Return Low Category Return High Rank in Category (%)
2020 1.5% -1.3% 8.8% 81.47%
2019 3.3% 0.3% 7.1% 57.64%
2018 -2.2% -3.4% 2.0% 85.71%
2017 N/A -2.4% 4.6% N/A
2016 N/A -9.3% 1.5% N/A

NAV & Total Return History


AGMHX - Holdings

Concentration Analysis

AGMHX Category Low Category High AGMHX % Rank
Net Assets 960 M 6.86 M 26.5 B 54.51%
Number of Holdings 360 8 14971 60.08%
Net Assets in Top 10 442 M 4.59 M 9.12 B 51.44%
Weighting of Top 10 46.78% 8.7% 100.0% 32.75%

Top 10 Holdings

  1. Government National Mortgage Association 3% 14.95%
  2. Government National Mortgage Association 2% 9.89%
  3. Government National Mortgage Association 2.5% 8.51%
  4. Government National Mortgage Association 2.5% 6.97%
  5. Government National Mortgage Association 2.5% 6.95%
  6. Government National Mortgage Association 3% 6.35%
  7. Us 10yr Note (Cbt)mar21 Xcbt 20210322 5.65%
  8. Us 10yr Note (Cbt)mar21 Xcbt 20210322 5.65%
  9. Us 10yr Note (Cbt)mar21 Xcbt 20210322 5.65%
  10. Us 10yr Note (Cbt)mar21 Xcbt 20210322 5.65%

Asset Allocation

Weighting Return Low Return High AGMHX % Rank
Bonds
87.70% 68.67% 135.72% 70.78%
Cash
12.30% -35.75% 25.39% 30.04%
Stocks
0.00% -0.01% 0.00% 76.13%
Preferred Stocks
0.00% 0.00% 0.00% 77.37%
Other
0.00% -4.29% 23.34% 76.95%
Convertible Bonds
0.00% 0.00% 25.33% 77.37%

Bond Sector Breakdown

Weighting Return Low Return High AGMHX % Rank
Securitized
88.31% 0.00% 99.97% 13.58%
Cash & Equivalents
11.69% 0.00% 41.11% 36.63%
Derivative
0.00% 0.00% 22.03% 79.01%
Corporate
0.00% 0.00% 23.10% 87.65%
Municipal
0.00% 0.00% 13.53% 83.54%
Government
0.00% 0.00% 100.00% 98.35%

Bond Geographic Breakdown

Weighting Return Low Return High AGMHX % Rank
US
87.70% 65.96% 135.72% 68.31%
Non US
0.00% 0.00% 6.24% 88.07%

AGMHX - Expenses

Operational Fees

AGMHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.45% 0.03% 2.63% 76.52%
Management Fee 0.44% 0.00% 1.00% 68.44%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

AGMHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

AGMHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AGMHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 308.00% 1.38% 419.00% 86.63%

AGMHX - Distributions

Dividend Yield Analysis

AGMHX Category Low Category High AGMHX % Rank
Dividend Yield 0.00% 0.00% 2.31% 78.28%

Dividend Distribution Analysis

AGMHX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

AGMHX Category Low Category High AGMHX % Rank
Net Income Ratio 0.85% -0.46% 3.38% 74.68%

Capital Gain Distribution Analysis

AGMHX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

AGMHX - Fund Manager Analysis

Managers

Dan Shiffman


Start Date

Tenure

Tenure Rank

Feb 28, 2006

15.26

15.3%

Shiffman is vice president and portfolio manager, and he joined American Century in May 2004 as a senior structured securities analyst. Prior to joining American Century, he was an investment officer at CalPERS from August 1996 to April 2004. He has a bachelor’s degree in social sciences from the University of California – Berkeley and an MBA from the Thunderbird School of Global Management. He is a CFA charterholder.

Robert Gahagan


Start Date

Tenure

Tenure Rank

Aug 01, 2006

14.84

14.8%

Mr. Gahagan, Senior Vice President and Senior Portfolio Manager, joined American Century Investments in 1983.  He became a portfolio manager in 1991. He has a bachelor’s degree in economics and an MBA from the University of Missouri – Kansas City.

Jesse Singh


Start Date

Tenure

Tenure Rank

Feb 26, 2014

7.26

7.3%

Mr. Singh, Vice President and Portfolio Manager, has served on teams managing fixed-income investments since joining the advisor in 2007 as a senior structured securities analyst. He was promoted to portfolio manager in 2011. He has a bachelor’s degree in economics from the University of California – Berkeley and an MBA from the Leonard N. Stern School of Business at New York University. He is a CFA charterholder and a member of the CFA Institute.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 30.64 8.23 6.35