American Century Global Gold Fund (BGEIX)

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American Century Global Gold Fund (BGEIX) is down 3.7% since the beginning of the year. BGEIX is currently trading at $30 per share. Investors who bought $1,000 worth of BGEIX shares 5 years ago would now be looking at an investment worth $2,568.

American Century Global Gold Fund (BGEIX) has returned -3.68% so far this year and 59.00% over the past 12 months. Over the last ten years, BGEIX has returned 12.88% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Aug 17, 1988, BGEIX's average daily return is +0.04%, while the average monthly return is +0.94%. At this rate, an investment would double in approximately 6.2 years.

Historically, 54% of months were positive and 46% were negative. The best month was Sep 1998 with a return of +52.8%, while the worst month was Oct 2008 at -37.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, BGEIX closed higher 48% of trading days. The best single day was Nov 21, 2008 with a return of +24.5%, while the worst single day was Oct 22, 2008 at -15.7%.

American Century Global Gold Fund has an annualized alpha of 7.27%, beta of 0.38, and R2 of 0.04 versus S&P 500 Index. Calculated based on daily prices since August 17, 1988.

• This fund participated in 54.01% of S&P 500 Index downside but only 47.35% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.38 may look defensive, but with R2 of 0.04 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.04 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

BGEIX has an expense ratio of 0.65%, placing it in the medium range.

BGEIX ranks 21 for risk / return — below 21% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

American Century Global Gold Fund provided a 1.17% dividend yield over the last twelve months, with an annual payout of $0.35 per share.

The table displays the monthly dividend distributions for American Century Global Gold Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the American Century Global Gold Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the American Century Global Gold Fund was 78.69%, occurring on Jan 19, 2016. Recovery took 2402 trading sessions.

The current American Century Global Gold Fund drawdown is 28.07%.

The chart below shows the rolling one-month volatility.