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Morningstar

American Century Ginnie Mae R AGMWX

Morningstar Medalist Rating
Medalist Rating as of | See American Century Investment Hub
  • NAV / 1-Day Return 8.51  /  0.48 %
  • Total Assets 427.2 Mil
  • Adj. Expense Ratio
    1.050%
  • Expense Ratio 1.050%
  • Distribution Fee Level Average
  • Share Class Type Retirement, Medium
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 2.64%
  • Effective Duration 6.85 years

USD | NAV as of Sep 28, 2023 | 1-Day Return as of Sep 28, 2023, 10:16 PM GMT+0

Morningstar’s Analysis AGMWX

Will AGMWX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AGMWX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the AGMWX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of AGMWX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit American Century Ginnie Mae R to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings AGMWX

More AGMWX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 223
  • Other Holdings 5
  • % Assets in Top 10 Holdings 37.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Government National Mortgage Association 3%

5.97
32,211,112
Securitized

Government National Mortgage Association 2%

4.86
26,207,705
Securitized

Future on 2 Year Treasury Note

4.56
24,604,594
Government

Government National Mortgage Association 2%

4.16
22,451,346
Securitized

Government National Mortgage Association 3%

3.93
21,225,784
Securitized

Government National Mortgage Association 3%

3.74
20,190,131
Securitized

Government National Mortgage Association 2.5%

3.10
16,701,746
Securitized

Government National Mortgage Association 2.5%

2.81
15,158,764
Securitized

State Street Bank & Trust Co 5 Repo - 03jul23

2.68
14,451,000
Cash and Equivalents

Us Long Bond(Cbt) Sep23 Xcbt 20230920

2.26
12,183,000
Government