American Century Ginnie Mae Fund (BGNMX)
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.
Fund Info
| ISIN | US0250816057 |
|---|---|
| CUSIP | 025081605 |
| Issuer | American Century Investments |
| Inception Date | Sep 22, 1985 |
| Category | Government Bonds |
| Min. Investment | $2,500 |
| Asset Class | Bond |
Expense Ratio
BGNMX has a high expense ratio of 0.55%, 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 American Century Ginnie Mae Fund, 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
American Century Ginnie Mae Fund had a return of -2.17% year-to-date (YTD) and -1.41% in the last 12 months. Over the past 10 years, American Century Ginnie Mae Fund had an annualized return of 0.42%, while the S&P 500 had an annualized return of 10.64%, indicating that American Century Ginnie Mae Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -2.17% | 7.50% |
| 1 month | -0.50% | -1.61% |
| 6 months | 3.98% | 17.65% |
| 1 year | -1.41% | 26.26% |
| 5 years (annualized) | -0.71% | 11.73% |
| 10 years (annualized) | 0.42% | 10.64% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.34% | -1.50% | 0.85% | -2.76% | ||||||||
| 2023 | -1.65% | 5.00% | 4.14% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BGNMX is 4, indicating that it is in the bottom 4% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
American Century Ginnie Mae Fund(BGNMX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for American Century Ginnie Mae Fund (BGNMX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
American Century Ginnie Mae Fund granted a 3.40% dividend yield in the last twelve months. The annual payout for that period amounted to $0.30 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.30 | $0.31 | $0.23 | $0.21 | $0.23 | $0.28 | $0.27 | $0.25 | $0.26 | $0.25 | $0.27 | $0.29 |
Dividend yield | 3.40% | 3.45% | 2.56% | 2.08% | 2.14% | 2.67% | 2.65% | 2.38% | 2.42% | 2.38% | 2.52% | 2.77% |
Monthly Dividends
The table displays the monthly dividend distributions for American Century Ginnie Mae Fund. 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 | $0.03 | $0.03 | $0.03 | ||||||||
| 2023 | $0.02 | $0.02 | $0.02 | $0.05 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2021 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 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 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2014 | $0.02 | $0.03 | $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 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $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 American Century Ginnie Mae 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 Ginnie Mae Fund was 17.41%, occurring on Oct 19, 2023. The portfolio has not yet recovered.
The current American Century Ginnie Mae Fund drawdown is 10.61%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.41% | Feb 5, 2021 | 687 | Oct 19, 2023 | — | — | — |
| -8.77% | Mar 23, 1987 | 151 | Oct 19, 1987 | 56 | Jan 5, 1988 | 207 |
| -5.37% | Feb 1, 1994 | 70 | May 9, 1994 | 194 | Feb 3, 1995 | 264 |
| -5.2% | May 2, 2013 | 88 | Sep 5, 2013 | 205 | Jun 30, 2014 | 293 |
| -3.58% | May 4, 1999 | 71 | Aug 10, 1999 | 62 | Nov 4, 1999 | 133 |
Volatility
Volatility Chart
The current American Century Ginnie Mae Fund volatility is 2.48%, 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.