Veteran Matthew Kraeger comanages BlackRock GNMA with Siddharth Mehta. Kraeger has been in his role since 2010 and helps lead BlackRock's broad mortgage team. Mehta is a securitized specialist who has collaborated with Kraeger on this strategy since 2011 and joined its leadership ranks in 2017. The duo taps into a 30-strong securitized credit team, a large 12-member group specializing in agency mortgage-backed securities, and large groups dedicated to macroeconomic research rates and currencies as well as data and analytics.
BlackRock GNMA K BBGPX
- NAV / 1-Day Return 7.59 / −0.38 %
- Total Assets 291.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.830%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Intermediate Government
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Min. Initial Investment 5.0 Mil
- Status Open
- TTM Yield 3.53%
- Effective Duration 5.50 years
USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:10 PM GMT+0
Morningstar’s Analysis BBGPX
Will BBGPX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 9.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Cash Offset | 19.98 | 60.4 Mil | — |
Government National Mortgage Association | 14.53 | 44.0 Mil | Securitized |
United States Treasury Bills | 13.97 | 42.3 Mil | Government |
Government National Mortgage Association | 9.71 | 29.4 Mil | Securitized |
Government National Mortgage Association | 5.33 | 16.1 Mil | Securitized |
Government National Mortgage Association | 4.47 | 13.5 Mil | Securitized |
Government National Mortgage Association | 4.17 | 12.6 Mil | Securitized |
Government National Mortgage Association | 3.77 | 11.4 Mil | Securitized |
Government National Mortgage Association | 3.47 | 10.5 Mil | Securitized |
Government National Mortgage Association | 3.36 | 10.2 Mil | Securitized |