American Century Ginnie Mae Fund (BGNMX)

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American Century Ginnie Mae Fund (BGNMX) is up 0.9% since the beginning of the year. BGNMX is currently trading at $9 per share. Investors who bought $1,000 worth of BGNMX shares 5 years ago would now be looking at an investment worth $998.

American Century Ginnie Mae Fund (BGNMX) has returned 0.85% so far this year and 5.65% over the past 12 months. Over the last ten years, BGNMX has returned 0.89% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Sep 23, 1985, BGNMX's average daily return is +0.02%, while the average monthly return is +0.33%. At this rate, an investment would double in approximately 17.5 years.

Historically, 66% of months were positive and 34% were negative. The best month was Nov 2023 with a return of +5.0%, while the worst month was Sep 2022 at -5.3%. The longest winning streak lasted 18 consecutive months, and the longest losing streak was 9 months.

On a daily basis, BGNMX closed higher 40% of trading days. The best single day was Oct 22, 1987 with a return of +5.4%, while the worst single day was Sep 26, 2022 at -2.0%.

American Century Ginnie Mae Fund has an annualized alpha of 3.94%, beta of 0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since September 23, 1985.

• This fund captured 11.53% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -2.85%) - a profile typical of hedging or uncorrelated assets.
• Beta of 0.01 may look defensive, but with R2 of 0.00 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 0.00 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.

BGNMX has an expense ratio of 0.55%, placing it in the medium range.

BGNMX ranks 28 for risk / return — below 28% 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 Ginnie Mae Fund provided a 3.93% dividend yield over the last twelve months, with an annual payout of $0.35 per share. The fund has been increasing its distributions for 4 consecutive years.

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.

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 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 18.46%, occurring on Oct 19, 2023. The portfolio has not yet recovered.

The current American Century Ginnie Mae Fund drawdown is 1.50%.

The chart below shows the rolling one-month volatility.