AGMNX: American Century Ginnie Mae R5

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AGMNX American Century Ginnie Mae R5


Profile

AGMNX - Profile

Vitals

  • YTD Return 2.0%
  • 3 Yr Annualized Return 0.8%
  • 5 Yr Annualized Return -0.3%
  • Net Assets $1.09 B
  • Holdings in Top 10 37.5%

52 WEEK LOW AND HIGH

$10.75
$10.27
$10.77

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.35%

SALES FEES

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

BROKERAGE FEES

  • Turnover 297.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 2.0%
  • 3 Yr Annualized Total Return 0.8%
  • 5 Yr Annualized Total Return -0.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.38%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    American Century Ginnie Mae Fund
  • Fund Family Name
    American Century Investments
  • Inception Date
    Sep 28, 2007
  • Shares Outstanding
    8518929
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Alejandro Aguilar

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.


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Categories

Performance

AGMNX - Performance

Return Ranking - Trailing

Period AGMNX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.0% -3.1% 8.4% 69.76%
1 Yr 4.3% -2.2% 12.3% 60.98%
3 Yr 0.8%* -1.7% 3.8% 65.52%
5 Yr -0.3%* -1.9% 2.5% 66.88%
10 Yr 0.0%* -2.2% 3.5% 67.83%

* Annualized

Return Ranking - Calendar

Period AGMNX Return Category Return Low Category Return High Rank in Category (%)
2019 3.3% -0.4% 4.9% 61.08%
2018 -2.2% -3.4% -0.7% 74.87%
2017 -1.1% -2.3% 0.9% 82.46%
2016 -1.3% -3.3% 1.4% 55.28%
2015 -1.6% -4.5% 0.2% 53.25%

Total Return Ranking - Trailing

Period AGMNX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.0% -3.1% 8.4% 69.76%
1 Yr 4.3% -2.2% 12.3% 60.49%
3 Yr 0.8%* -1.4% 5.0% 73.56%
5 Yr -0.3%* -1.9% 3.3% 79.62%
10 Yr 0.0%* -2.2% 3.8% 79.02%

* Annualized

Total Return Ranking - Calendar

Period AGMNX Return Category Return Low Category Return High Rank in Category (%)
2019 3.3% -0.2% 4.9% 64.04%
2018 -2.2% -3.4% 3.0% 82.20%
2017 -1.1% -2.0% 2.8% 88.30%
2016 -1.3% -3.3% 1.5% 68.94%
2015 -1.6% -4.5% 2.0% 72.08%

NAV & Total Return History


Holdings

AGMNX - Holdings

Concentration Analysis

AGMNX Category Low Category High AGMNX % Rank
Net Assets 1.09 B 2.38 M 24.9 B 43.90%
Number of Holdings 406 2 15659 46.83%
Net Assets in Top 10 496 M 0 6.43 B 29.27%
Weighting of Top 10 37.52% 0.0% 100.0% 34.55%

Top 10 Holdings

  1. Government National Mortgage Association 3% 12.86%
  2. Government National Mortgage Association 4% 5.48%
  3. Government National Mortgage Association 3.5% 3.21%
  4. Government National Mortgage Association 4.5% 2.94%
  5. Government National Mortgage Association 3.5% 2.90%
  6. Government National Mortgage Association 4% 2.31%
  7. Government National Mortgage Association 4% 2.19%
  8. Government National Mortgage Association 3.5% 2.05%
  9. Government National Mortgage Association 3% 2.03%
  10. Government National Mortgage Association 2.5% 1.56%

Asset Allocation

Weighting Return Low Return High AGMNX % Rank
Bonds
90.09% 0.00% 140.64% 83.41%
Cash
9.91% -40.55% 100.00% 16.59%
Stocks
0.00% -0.07% 12.90% 95.61%
Preferred Stocks
0.00% 0.00% 0.01% 99.02%
Other
0.00% -40.98% 15.10% 93.17%
Convertible Bonds
0.00% 0.00% 0.24% 99.02%

Bond Sector Breakdown

Weighting Return Low Return High AGMNX % Rank
Securitized
89.16% 0.00% 118.57% 17.07%
Cash & Equivalents
9.91% -28.81% 100.00% 18.05%
Government
0.94% 0.00% 100.00% 83.41%
Derivative
0.00% -0.01% 10.87% 98.54%
Corporate
0.00% 0.00% 4.61% 99.02%
Municipal
0.00% 0.00% 14.98% 99.02%

Bond Geographic Breakdown

Weighting Return Low Return High AGMNX % Rank
US
90.09% 0.00% 139.29% 83.41%
Non US
0.00% 0.00% 4.80% 99.02%

Expenses

AGMNX - Expenses

Operational Fees

AGMNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.35% 0.03% 3.79% 90.69%
Management Fee 0.34% 0.00% 0.85% 45.37%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

AGMNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

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

AGMNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 297.00% 0.00% 1482.00% 79.88%

Distributions

AGMNX - Distributions

Dividend Yield Analysis

AGMNX Category Low Category High AGMNX % Rank
Dividend Yield 0.73% 0.00% 2.52% 10.24%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

AGMNX Category Low Category High AGMNX % Rank
Net Income Ratio 2.38% 0.34% 2.99% 26.83%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

AGMNX - Fund Manager Analysis

Managers

Alejandro Aguilar


Start Date

Tenure

Tenure Rank

Oct 31, 2003

16.34

16.3%

Aguilar is vice president and senior portfolio manager at American Century. He is a member of the American Century Taxable Bond team. He joined American Century Investment Management, Inc in October 2003. Prior to joining American Century, he was an Investment Officer with CalPERS from July 2002 to September 2003 and Director of Portfolio Management at TIAA-CREF from May 1997 to April 2002. He has a bachelor’s degree in economics from the University of California – Berkeley and an MBA from the University of Michigan. He is a CFA charterholder.

Dan Shiffman


Start Date

Tenure

Tenure Rank

Feb 28, 2006

14.01

14.0%

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

13.59

13.6%

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

6.01

6.0%

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
0.35 29.38 8.11 5.1