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BGNAX American Century Ginnie Mae A

  • Fund
  • BGNAX
  • Price as of: May 20, 2019
  • $10.33 - $0.01 - 0.10%
  • Category
  • Mortgage Backed Securities

BGNAX - Profile

Vitals

  • YTD Return 1.3%
  • 3 Yr Annualized Return -1.4%
  • 5 Yr Annualized Return -0.9%
  • Net Assets $812 M
  • Holdings in Top 10 37.2%

52 WEEK LOW AND HIGH

$10.33
$9.96
$10.36

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.80%

SALES FEES

  • Front Load 4.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 300.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

N/A

Investment Themes

CATEGORY

Mortgage Backed Securities
  • Fund Type Open End Mutual Fund
  • Investment Style Intermediate Government

Distributions

  • YTD Total Return 1.3%
  • 3 Yr Annualized Total Return -1.4%
  • 5 Yr Annualized Total Return -0.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.39%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name American Century Ginnie Mae Fund
  • Fund Family Name American Century Investments
  • Inception Date Oct 09, 1997
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Alejandro H. 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.

BGNAX - Performance

Return Ranking - Trailing

Period BGNAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% -0.4% 4.7% 55.95%
1 Yr 2.0% -1.8% 4.0% 55.56%
3 Yr -1.4%* -2.1% 0.8% 91.03%
5 Yr -0.9%* -1.5% 0.7% 81.08%
10 Yr -0.3%* -0.7% 1.6% 84.62%

* Annualized


Return Ranking - Calendar

Period BGNAX Return Category Return Low Category Return High Rank in Category (%)
2018 -2.2% -7.0% -0.1% 67.90%
2017 -1.1% -2.1% 3.2% 89.74%
2016 -1.3% -2.8% 4.3% 79.49%
2015 -1.6% -3.9% -0.6% 77.33%
2014 2.3% 0.0% 5.5% 61.64%

Total Return Ranking - Trailing

Period BGNAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% -0.4% 4.7% 55.95%
1 Yr 2.0% -1.8% 5.8% 55.56%
3 Yr -1.4%* -2.1% 4.7% 91.03%
5 Yr -0.9%* -1.5% 2.8% 81.08%
10 Yr -0.3%* -0.7% 4.6% 84.62%

* Annualized


Total Return Ranking - Calendar

Period BGNAX Return Category Return Low Category Return High Rank in Category (%)
2018 -2.2% -7.0% 2.5% 67.90%
2017 -1.1% -2.1% 5.8% 89.74%
2016 -1.3% -2.8% 4.3% 85.90%
2015 -1.6% -3.9% 2.5% 84.00%
2014 2.3% 0.0% 5.5% 68.49%

NAV & Total Return History

BGNAX - Holdings

Concentration Analysis

BGNAX Category Low Category High BGNAX % Rank
Net Assets 812 M 18.3 M 9.57 B 54.76%
Number of Holdings 412 10 2935 42.86%
Net Assets in Top 10 380 M -7.11 B 1.69 B 33.33%
Weighting of Top 10 37.17% 5.4% 195.1% 41.67%

Top 10 Holdings

  1. Government National Mortgage Association 3% 14.76%

  2. Government National Mortgage Association 3.5% 4.60%

  3. Government National Mortgage Association 4% 3.21%

  4. Government National Mortgage Association 3.5% 2.94%

  5. Government National Mortgage Association 3.5% 2.36%

  6. Government National Mortgage Association 2.5% 2.21%

  7. Government National Mortgage Association 3.5% 1.90%

  8. Government National Mortgage Association 2% 1.83%

  9. Government National Mortgage Association 3.5% 1.69%

  10. Government National Mortgage Association 5% 1.66%


Asset Allocation

Weighting Return Low Return High BGNAX % Rank
Bonds
88.11% -18.89% 130.64% 70.24%
Cash
11.89% -30.64% 118.98% 28.57%
Stocks
0.00% -0.01% 0.04% 10.71%
Preferred Stocks
0.00% 0.00% 0.43% 13.10%
Other
0.00% -16.01% 1.10% 15.48%
Convertible Bonds
0.00% 0.00% 1.13% 19.05%

Bond Sector Breakdown

Weighting Return Low Return High BGNAX % Rank
Securitized
88.11% 7.37% 136.98% 64.29%
Cash & Equivalents
11.89% -30.64% 118.94% 11.90%
Derivative
0.00% -7.98% 30.33% 17.86%
Corporate
0.00% 0.00% 90.61% 63.10%
Municipal
0.00% 0.00% 2.25% 26.19%
Government
0.00% -133.50% 22.28% 61.90%

Bond Geographic Breakdown

Weighting Return Low Return High BGNAX % Rank
US
88.11% -26.90% 125.20% 61.90%
Non US
0.00% 0.00% 23.91% 80.95%

BGNAX - Expenses

Operational Fees

BGNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.80% 0.05% 3.10% 54.76%
Management Fee 0.54% 0.05% 0.89% 80.95%
12b-1 Fee 0.25% 0.00% 1.00% 26.00%
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

BGNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.50% 2.25% 4.50% 5.56%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

BGNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Turnover 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.

BGNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 300.00% 21.00% 1521.00% 54.76%

BGNAX - Distributions

Dividend Yield Analysis

BGNAX Category Low Category High BGNAX % Rank
Dividend Yield 0.82% 0.01% 1.26% 10.71%

Dividend Distribution Analysis

BGNAX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Dividend Payout History