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
US09260B6974
09260B697
May 17, 1998
$2,000,000
Expense Ratio
BGNIX features an expense ratio of 0.49%, falling within the medium range.
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 0.86% year-to-date (YTD) and 4.25% in the last 12 months. Over the past 10 years, BlackRock GNMA Portfolio had an annualized return of 0.74%, while the S&P 500 had an annualized return of 11.26%, indicating that BlackRock GNMA Portfolio did not perform as well as the benchmark.
BGNIX
0.86%
1.38%
-0.55%
4.25%
-0.70%
0.74%
^GSPC (Benchmark)
3.96%
1.97%
9.03%
22.16%
12.60%
11.26%
Monthly Returns
The table below presents the monthly returns of BGNIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.35% | 0.86% | |||||||||||
| 2024 | -0.34% | -1.34% | 0.64% | -2.55% | 1.81% | 0.97% | 2.50% | 1.71% | 1.07% | -2.76% | 1.21% | -1.44% | 1.32% |
| 2023 | 3.29% | -2.32% | 1.91% | 0.50% | -0.85% | -0.49% | 0.04% | -0.70% | -3.15% | -1.91% | 5.07% | 4.05% | 5.19% |
| 2022 | -1.30% | -0.75% | -2.84% | -3.82% | 1.41% | -1.87% | 3.37% | -3.15% | -5.55% | -1.28% | 4.28% | -1.39% | -12.55% |
| 2021 | 0.21% | -0.25% | -0.25% | 0.38% | -0.50% | -0.16% | 0.23% | 0.01% | 0.05% | -0.50% | -0.19% | -0.18% | -1.15% |
| 2020 | 0.28% | 0.71% | 0.92% | 1.26% | 0.28% | -0.01% | -0.02% | 0.13% | -0.17% | 0.33% | 0.22% | 0.19% | 4.19% |
| 2019 | 0.95% | -0.03% | 1.18% | 0.00% | 1.18% | 1.15% | 0.49% | 0.80% | 0.16% | 0.37% | -0.05% | 0.06% | 6.43% |
| 2018 | -1.10% | -0.67% | 0.50% | -0.36% | 0.74% | -0.02% | -0.02% | 0.64% | -0.65% | -0.89% | 0.98% | 1.20% | 0.33% |
| 2017 | -0.16% | 0.56% | -0.19% | 0.54% | 0.46% | -0.56% | 0.39% | 0.63% | 0.00% | -0.14% | -0.26% | -0.04% | 1.23% |
| 2016 | 1.06% | 0.34% | 0.24% | 0.24% | 0.13% | 0.63% | 0.14% | 0.23% | 0.22% | -0.18% | -1.39% | -0.07% | 1.60% |
| 2015 | 0.40% | 0.00% | 0.18% | 0.35% | -0.14% | -0.64% | 0.32% | -0.07% | 0.48% | 0.26% | -0.05% | 0.04% | 1.14% |
| 2014 | 2.21% | 0.30% | -0.43% | 0.92% | 1.11% | 0.49% | -0.62% | 0.81% | -0.28% | 0.92% | 0.52% | 0.10% | 6.19% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BGNIX is 25, meaning it’s performing worse than 75% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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 provided a 3.91% dividend yield over the last twelve months, with an annual payout of $0.31 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.31 | $0.30 | $0.27 | $0.21 | $0.17 | $0.30 | $0.32 | $0.34 | $0.31 | $0.28 | $0.25 | $0.24 |
Dividend yield | 3.91% | 3.87% | 3.34% | 2.66% | 1.86% | 3.15% | 3.40% | 3.66% | 3.24% | 2.87% | 2.57% | 2.39% |
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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.03 | $0.00 | $0.03 | ||||||||||
| 2024 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.30 |
| 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 | $0.27 |
| 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 | $0.21 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.17 |
| 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 | $0.30 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.32 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.34 |
| 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 | $0.31 |
| 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 | $0.28 |
| 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 | $0.25 |
| 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 | $0.24 |
Drawdowns
Drawdowns Chart
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.
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 17.96%, occurring on Oct 19, 2023. The portfolio has not yet recovered.
The current BlackRock GNMA Portfolio drawdown is 7.27%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.96% | Jan 8, 2021 | 700 | Oct 19, 2023 | — | — | — |
| -6.81% | Oct 2, 2012 | 232 | Sep 5, 2013 | 248 | Aug 29, 2014 | 480 |
| -6.27% | Nov 5, 2010 | 65 | Feb 8, 2011 | 127 | Aug 10, 2011 | 192 |
| -4.02% | Nov 1, 2001 | 32 | Dec 17, 2001 | 91 | Apr 30, 2002 | 123 |
| -3.82% | Dec 1, 2009 | 19 | Dec 28, 2009 | 95 | May 14, 2010 | 114 |
Volatility
Volatility Chart
The current BlackRock GNMA Portfolio volatility is 1.37%, 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.