American Century Ginnie Mae A
- BGNAX
- Price as of: Feb 26, 2021
-
$10.59
N/A N/A
- Primary Theme
- Intermediate-Term U.S. Treasury Bond
- Fund Company
- American Century Investments
- Share Class
BGNAX - Snapshot
Vitals
- YTD Return -0.7%
- 3 Yr Annualized Return 3.5%
- 5 Yr Annualized Return 2.0%
- Net Assets $992 M
- Holdings in Top 10 50.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.80%
SALES FEES
- Front Load 4.50%
- Deferred Load N/A
BROKERAGE FEES
- Turnover 270.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $2,500
- IRA N/A
Fund Classification
-
Primary Theme
Intermediate-Term U.S. Treasury Bond
- Fund Type Open End Mutual Fund
- Investment Style Intermediate Government
BGNAX - Profile
Distributions
- YTD Total Return -0.7%
- 3 Yr Annualized Total Return 1.9%
- 5 Yr Annualized Total Return 1.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.72%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameAmerican Century Ginnie Mae Fund
-
Fund Family NameAmerican Century Investments
-
Inception DateOct 09, 1997
-
Shares Outstanding1689573
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAlejandro 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 | -0.7% | -3.4% | 2.5% | 22.59% |
| 1 Yr | 2.8% | 1.0% | 10.0% | 83.82% |
| 3 Yr | 3.5%* | 2.4% | 7.3% | 86.55% |
| 5 Yr | 2.0%* | 0.9% | 4.3% | 83.47% |
| 10 Yr | 2.2%* | 0.8% | 6.6% | 77.49% |
* Annualized
Return Ranking - Calendar
| Period | BGNAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 1.5% | -1.3% | 8.8% | 79.83% |
| 2019 | 3.3% | -48.1% | 7.1% | 53.04% |
| 2018 | -2.2% | -5.4% | 0.2% | 77.52% |
| 2017 | -1.1% | -2.4% | 0.7% | 81.50% |
| 2016 | -1.3% | -9.3% | 0.0% | 59.16% |
Total Return Ranking - Trailing
| Period | BGNAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.7% | -3.4% | 2.5% | 22.59% |
| 1 Yr | -1.8% | -3.4% | 10.0% | 99.17% |
| 3 Yr | 1.9%* | 1.5% | 7.3% | 98.32% |
| 5 Yr | 1.1%* | 0.6% | 4.3% | 98.31% |
| 10 Yr | 1.8%* | 0.8% | 6.6% | 91.77% |
* Annualized
Total Return Ranking - Calendar
| Period | BGNAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 1.5% | -1.3% | 8.8% | 79.83% |
| 2019 | 3.3% | 0.3% | 7.1% | 56.52% |
| 2018 | -2.2% | -3.4% | 2.0% | 84.40% |
| 2017 | -1.1% | -2.4% | 4.6% | 89.00% |
| 2016 | -1.3% | -9.3% | 1.5% | 71.73% |
NAV & Total Return History
BGNAX - Holdings
Concentration Analysis
| BGNAX | Category Low | Category High | BGNAX % Rank | |
|---|---|---|---|---|
| Net Assets | 992 M | 15.8 M | 27.3 B | 53.31% |
| Number of Holdings | 367 | 10 | 15140 | 59.50% |
| Net Assets in Top 10 | 477 M | 5.36 M | 9.59 B | 49.59% |
| Weighting of Top 10 | 50.54% | 8.9% | 100.0% | 25.88% |
Top 10 Holdings
- Government National Mortgage Association 3% 14.95%
- Government National Mortgage Association 2% 9.89%
- Government National Mortgage Association 3% 7.99%
- Government National Mortgage Association 2.5% 6.97%
- Government National Mortgage Association 2.5% 6.95%
- Us 10yr Note (Cbt)mar21 Xcbt 20210322 5.65%
- Us 10yr Note (Cbt)mar21 Xcbt 20210322 5.65%
- Us 10yr Note (Cbt)mar21 Xcbt 20210322 5.65%
- Us 10yr Note (Cbt)mar21 Xcbt 20210322 5.65%
- Us 10yr Note (Cbt)mar21 Xcbt 20210322 5.65%
Asset Allocation
| Weighting | Return Low | Return High | BGNAX % Rank | |
|---|---|---|---|---|
| Bonds | 90.73% | 72.12% | 136.76% | 61.57% |
| Cash | 9.27% | -37.63% | 27.88% | 35.95% |
| Stocks | 0.00% | -0.01% | 0.87% | 22.73% |
| Preferred Stocks | 0.00% | 0.00% | 0.31% | 22.31% |
| Other | 0.00% | 0.00% | 21.89% | 28.93% |
| Convertible Bonds | 0.00% | 0.00% | 27.71% | 26.03% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | BGNAX % Rank | |
|---|---|---|---|---|
| Securitized | 91.21% | 0.00% | 100.00% | 8.68% |
| Cash & Equivalents | 8.79% | 0.00% | 41.48% | 45.87% |
| Derivative | 0.00% | 0.00% | 7.59% | 29.75% |
| Corporate | 0.00% | 0.00% | 23.77% | 45.87% |
| Municipal | 0.00% | 0.00% | 13.85% | 39.26% |
| Government | 0.00% | 0.00% | 100.00% | 90.91% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | BGNAX % Rank | |
|---|---|---|---|---|
| US | 90.73% | 72.12% | 136.06% | 59.50% |
| Non US | 0.00% | 0.00% | 6.21% | 50.00% |
BGNAX - Expenses
Operational Fees
| BGNAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.80% | 0.03% | 2.63% | 42.22% |
| Management Fee | 0.54% | 0.00% | 0.85% | 93.80% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 31.45% |
| Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
| BGNAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 4.50% | 1.00% | 4.50% | 5.71% |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| BGNAX 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.
| BGNAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 270.00% | 1.38% | 421.00% | 84.80% |
BGNAX - Distributions
Dividend Yield Analysis
| BGNAX | Category Low | Category High | BGNAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 4.32% | 28.10% |
Dividend Distribution Analysis
| BGNAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| BGNAX | Category Low | Category High | BGNAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.72% | 0.02% | 3.38% | 48.93% |
Capital Gain Distribution Analysis
| BGNAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Jun 28, 2019 | $0.021 |
| May 31, 2019 | $0.024 |
| Apr 30, 2019 | $0.022 |
| Mar 29, 2019 | $0.022 |
| Feb 28, 2019 | $0.022 |
| Jan 31, 2019 | $0.021 |
| Dec 31, 2018 | $0.021 |
| Nov 30, 2018 | $0.023 |
| Oct 31, 2018 | $0.022 |
| Aug 31, 2018 | $0.023 |
| Jul 31, 2018 | $0.020 |
| Jun 29, 2018 | $0.021 |
| May 31, 2018 | $0.020 |
| Apr 30, 2018 | $0.020 |
| Mar 29, 2018 | $0.019 |
| Feb 28, 2018 | $0.019 |
| Jan 31, 2018 | $0.018 |
| Dec 29, 2017 | $0.018 |
| Nov 30, 2017 | $0.018 |
| Oct 31, 2017 | $0.018 |
| Sep 29, 2017 | $0.018 |
| Aug 31, 2017 | $0.018 |
| Jul 31, 2017 | $0.019 |
| Jun 30, 2017 | $0.019 |
| May 31, 2017 | $0.018 |
| Apr 28, 2017 | $0.019 |
| Mar 31, 2017 | $0.019 |
| Feb 28, 2017 | $0.019 |
| Jan 31, 2017 | $0.019 |
| Dec 30, 2016 | $0.019 |
| Nov 30, 2016 | $0.019 |
| Oct 31, 2016 | $0.019 |
| Sep 30, 2016 | $0.020 |
| Aug 31, 2016 | $0.020 |
| Jul 29, 2016 | $0.019 |
| Jun 30, 2016 | $0.019 |
| May 31, 2016 | $0.018 |
| Apr 29, 2016 | $0.019 |
| Mar 31, 2016 | $0.019 |
| Feb 29, 2016 | $0.019 |
| Jan 29, 2016 | $0.012 |
| Dec 31, 2015 | $0.019 |
| Nov 30, 2015 | $0.020 |
| Oct 31, 2015 | $0.019 |
| Sep 30, 2015 | $0.020 |
| Aug 31, 2015 | $0.020 |
| Jul 31, 2015 | $0.018 |
| Jun 30, 2015 | $0.018 |
| May 29, 2015 | $0.018 |
| Apr 30, 2015 | $0.018 |
| Mar 31, 2015 | $0.019 |
| Feb 27, 2015 | $0.019 |
| Jan 30, 2015 | $0.019 |
| Dec 31, 2014 | $0.019 |
| Nov 28, 2014 | $0.020 |
| Oct 31, 2014 | $0.019 |
| Sep 30, 2014 | $0.020 |
| Aug 29, 2014 | $0.020 |
| Jul 31, 2014 | $0.020 |
| Jun 30, 2014 | $0.021 |
| May 30, 2014 | $0.021 |
| Apr 30, 2014 | $0.021 |
| Mar 31, 2014 | $0.022 |
| Feb 28, 2014 | $0.023 |
| Jan 31, 2014 | $0.022 |
| Dec 31, 2013 | $0.022 |
| Nov 29, 2013 | $0.022 |
| Oct 31, 2013 | $0.022 |
| Sep 30, 2013 | $0.022 |
| Aug 30, 2013 | $0.022 |
| Jul 31, 2013 | $0.021 |
| Jun 28, 2013 | $0.021 |
| May 31, 2013 | $0.020 |
| Apr 30, 2013 | $0.021 |
| Mar 28, 2013 | $0.023 |
| Feb 28, 2013 | $0.026 |
| Jan 31, 2013 | $0.025 |
| Dec 31, 2012 | $0.026 |
| Nov 30, 2012 | $0.027 |
| Oct 31, 2012 | $0.027 |
| Sep 28, 2012 | $0.027 |
| Aug 31, 2012 | $0.028 |
| Jul 31, 2012 | $0.028 |
| Jun 29, 2012 | $0.028 |
| May 31, 2012 | $0.028 |
| Apr 30, 2012 | $0.029 |
| Mar 30, 2012 | $0.029 |
| Feb 29, 2012 | $0.030 |
| Jan 31, 2012 | $0.029 |
| Dec 30, 2011 | $0.029 |
| Nov 30, 2011 | $0.030 |
| Oct 31, 2011 | $0.031 |
| Sep 30, 2011 | $0.030 |
| Aug 31, 2011 | $0.030 |
| Jul 29, 2011 | $0.033 |
| Jun 30, 2011 | $0.033 |
| May 31, 2011 | $0.034 |
| Apr 29, 2011 | $0.034 |
| Mar 31, 2011 | $0.034 |
| Feb 28, 2011 | $0.035 |
| Jan 31, 2011 | $0.034 |
| Dec 31, 2010 | $0.035 |
| Nov 30, 2010 | $0.035 |
| Oct 29, 2010 | $0.034 |
| Sep 30, 2010 | $0.034 |
| Aug 31, 2010 | $0.034 |
| Jul 30, 2010 | $0.034 |
| Jun 30, 2010 | $0.035 |
| May 28, 2010 | $0.035 |
| Apr 30, 2010 | $0.037 |
| Mar 31, 2010 | $0.036 |
| Feb 26, 2010 | $0.037 |
| Jan 29, 2010 | $0.035 |
| Dec 31, 2009 | $0.034 |
| Nov 30, 2009 | $0.034 |
| Oct 30, 2009 | $0.035 |
| Sep 30, 2009 | $0.036 |
| Aug 31, 2009 | $0.036 |
| Jul 31, 2009 | $0.036 |
| Jun 30, 2009 | $0.037 |
| May 29, 2009 | $0.037 |
| Apr 30, 2009 | $0.037 |
| Mar 31, 2009 | $0.034 |
| Feb 27, 2009 | $0.035 |
| Jan 30, 2009 | $0.031 |
| Dec 31, 2008 | $0.033 |
| Nov 28, 2008 | $0.036 |
| Oct 31, 2008 | $0.035 |
| Sep 30, 2008 | $0.035 |
| Aug 29, 2008 | $0.033 |
| Jul 31, 2008 | $0.036 |
| Jun 30, 2008 | $0.036 |
| May 30, 2008 | $0.035 |
| Apr 30, 2008 | $0.036 |
| Mar 31, 2008 | $0.037 |
| Feb 29, 2008 | $0.038 |
| Jan 31, 2008 | $0.039 |
| Dec 31, 2007 | $0.039 |
| Nov 30, 2007 | $0.042 |
| Oct 31, 2007 | $0.040 |
| Sep 28, 2007 | $0.038 |
| Aug 31, 2007 | $0.044 |
| Jul 31, 2007 | $0.039 |
| Jun 29, 2007 | $0.041 |
| May 31, 2007 | $0.040 |
| Apr 30, 2007 | $0.041 |
| Mar 30, 2007 | $0.041 |
| Feb 28, 2007 | $0.040 |
| Jan 31, 2007 | $0.037 |
| Dec 29, 2006 | $0.040 |
| Nov 30, 2006 | $0.040 |
| Oct 31, 2006 | $0.040 |
| Sep 29, 2006 | $0.038 |
| Aug 31, 2006 | $0.040 |
| Jul 31, 2006 | $0.040 |
| Jun 30, 2006 | $0.039 |
| May 31, 2006 | $0.039 |
| Apr 28, 2006 | $0.039 |
| Mar 31, 2006 | $0.039 |
| Feb 28, 2006 | $0.039 |
| Jan 31, 2006 | $0.038 |
| Nov 30, 2005 | $0.038 |
| Oct 31, 2005 | $0.037 |
| Sep 30, 2005 | $0.038 |
| Aug 31, 2005 | $0.039 |
| Jul 29, 2005 | $0.039 |
| Jun 30, 2005 | $0.038 |
| May 31, 2005 | $0.038 |
| Apr 29, 2005 | $0.038 |
| Mar 31, 2005 | $0.037 |
| Feb 28, 2005 | $0.036 |
| Jan 31, 2005 | $0.038 |
| Dec 31, 2004 | $0.038 |
| Nov 30, 2004 | $0.035 |
| Oct 29, 2004 | $0.046 |
| Sep 30, 2004 | $0.038 |
| Aug 31, 2004 | $0.036 |
| Jul 30, 2004 | $0.042 |
| Jun 30, 2004 | $0.038 |
| May 28, 2004 | $0.042 |
| Apr 30, 2004 | $0.036 |
| Mar 31, 2004 | $0.035 |
| Feb 27, 2004 | $0.037 |
| Jan 30, 2004 | $0.033 |
| Dec 31, 2003 | $0.036 |
| Nov 28, 2003 | $0.034 |
| Oct 31, 2003 | $0.039 |
| Sep 30, 2003 | $0.040 |
| Aug 29, 2003 | $0.041 |
| Jul 31, 2003 | $0.041 |
| Jun 30, 2003 | $0.046 |
| May 30, 2003 | $0.043 |
| Apr 30, 2003 | $0.039 |
| Mar 31, 2003 | $0.040 |
| Feb 28, 2003 | $0.040 |
| Jan 31, 2003 | $0.039 |
| Dec 31, 2002 | $0.042 |
| Nov 29, 2002 | $0.044 |
| Oct 31, 2002 | $0.047 |
| Sep 30, 2002 | $0.047 |
| Aug 30, 2002 | $0.045 |
| Jul 31, 2002 | $0.045 |
| Jun 28, 2002 | $0.047 |
| May 31, 2002 | $0.050 |
| Apr 30, 2002 | $0.051 |
| Mar 28, 2002 | $0.044 |
| Feb 28, 2002 | $0.045 |
| Jan 31, 2002 | $0.050 |
| Dec 31, 2001 | $0.046 |
| Nov 30, 2001 | $0.052 |
| Oct 31, 2001 | $0.045 |
| Sep 28, 2001 | $0.037 |
| Aug 31, 2001 | $0.049 |
| Jul 31, 2001 | $0.057 |
| Jun 30, 2001 | $0.054 |
| May 31, 2001 | $0.051 |
| Apr 30, 2001 | $0.055 |
| Mar 30, 2001 | $0.057 |
| Feb 28, 2001 | $0.052 |
| Jan 31, 2001 | $0.052 |
| Dec 29, 2000 | $0.061 |
| Nov 30, 2000 | $0.057 |
| Oct 31, 2000 | $0.053 |
| Sep 29, 2000 | $0.062 |
| Aug 31, 2000 | $0.050 |
| Jul 31, 2000 | $0.054 |
| Jun 30, 2000 | $0.054 |
| May 31, 2000 | $0.057 |
| Apr 28, 2000 | $0.052 |
| Mar 31, 2000 | $0.061 |
| Feb 29, 2000 | $0.054 |
| Jan 31, 2000 | $0.048 |
| Dec 31, 1999 | $0.053 |
| Nov 30, 1999 | $0.056 |
| Oct 29, 1999 | $0.053 |
| Sep 30, 1999 | $0.054 |
| Aug 31, 1999 | $0.052 |
| Jul 30, 1999 | $0.059 |
| Jun 30, 1999 | $0.055 |
| May 28, 1999 | $0.046 |
| Apr 30, 1999 | $0.050 |
| Mar 31, 1999 | $0.051 |
| Feb 26, 1999 | $0.049 |
| Jan 29, 1999 | $0.049 |
BGNAX - Fund Manager Analysis
Managers
Alejandro Aguilar
Start Date
Tenure
Tenure Rank
Oct 31, 2003
17.27
17.3%
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. Mr. Aguilar began his investment career in 1994
Dan Shiffman
Start Date
Tenure
Tenure Rank
Feb 28, 2006
14.93
14.9%
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
14.51
14.5%
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
6.93
6.9%
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 |
|---|---|---|---|
| 0.25 | 30.31 | 8.41 | 6.02 |