BlackRock GNMA Portfolio (BGNIX)
Under normal circumstances, the fund invests at least 80% of its assets in Government National Mortgage Association ("GNMA") securities. It invests primarily in securities issued by GNMA as well as other U.S. government securities. Securities purchased by the fund are rated in the highest rating category (AAA or Aaa) at the time of purchase by at least one major rating agency or are determined by the fund management team to be of similar quality.
Fund Info
ISIN | US09260B6974 |
---|---|
CUSIP | 09260B697 |
Issuer | BlackRock |
Inception Date | May 17, 1998 |
Category | Government Bonds |
Min. Investment | $2,000,000 |
Asset Class | Bond |
Expense Ratio
BGNIX has a high expense ratio of 0.49%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BlackRock GNMA Portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
BlackRock GNMA Portfolio had a return of -1.93% year-to-date (YTD) and -0.67% in the last 12 months. Over the past 10 years, BlackRock GNMA Portfolio had an annualized return of 0.60%, while the S&P 500 had an annualized return of 10.64%, indicating that BlackRock GNMA Portfolio did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | -1.93% | 7.50% |
1 month | -0.54% | -1.61% |
6 months | 4.11% | 17.65% |
1 year | -0.67% | 26.26% |
5 years (annualized) | -0.65% | 11.73% |
10 years (annualized) | 0.60% | 10.64% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -0.34% | -1.35% | 0.64% | -2.54% | ||||||||
2023 | -1.92% | 5.07% | 4.05% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BGNIX is 5, indicating that it is in the bottom 5% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
BlackRock GNMA Portfolio(BGNIX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BlackRock GNMA Portfolio (BGNIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BlackRock GNMA Portfolio granted a 3.62% dividend yield in the last twelve months. The annual payout for that period amounted to $0.28 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.28 | $0.27 | $0.21 | $0.17 | $0.30 | $0.32 | $0.35 | $0.31 | $0.28 | $0.25 | $0.24 | $0.37 |
Dividend yield | 3.62% | 3.32% | 2.66% | 1.87% | 3.16% | 3.41% | 3.82% | 3.28% | 2.87% | 2.57% | 2.39% | 3.82% |
Monthly Dividends
The table displays the monthly dividend distributions for BlackRock GNMA Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.02 | $0.02 | $0.02 | $0.03 | ||||||||
2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 |
2022 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 |
2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 |
2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.05 |
2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 |
2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
2013 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the BlackRock GNMA Portfolio. 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 BlackRock GNMA Portfolio was 17.98%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current BlackRock GNMA Portfolio drawdown is 11.01%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-17.98% | Feb 10, 2021 | 428 | Oct 20, 2022 | — | — | — |
-5.7% | May 2, 2013 | 88 | Sep 5, 2013 | 173 | May 14, 2014 | 261 |
-3.48% | Apr 13, 1999 | 86 | Aug 10, 1999 | 63 | Nov 5, 1999 | 149 |
-3.05% | Mar 10, 2004 | 42 | May 7, 2004 | 59 | Aug 3, 2004 | 101 |
-2.96% | Sep 8, 2017 | 174 | May 17, 2018 | 158 | Jan 3, 2019 | 332 |
Volatility
Volatility Chart
The current BlackRock GNMA Portfolio volatility is 2.53%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.