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Morningstar

American Century Ginnie Mae A BGNAX

Morningstar Medalist Rating
Medalist Rating as of | See American Century Investment Hub
  • NAV / 1-Day Return 8.69  /  0.45 %
  • Total Assets 426.8 Mil
  • Adj. Expense Ratio
    0.800%
  • Expense Ratio 0.800%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 3.18%
  • Effective Duration 6.24 years

USD | NAV as of Nov 30, 2023 | 1-Day Return as of Nov 30, 2023, 11:15 PM GMT+0

Morningstar’s Analysis BGNAX

Will BGNAX 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 BGNAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the BGNAX 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 BGNAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of a middling Process Pillar rating and a Low People Pillar rating limit American Century Ginnie Mae A 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 second-highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings BGNAX

More BGNAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 218
  • Other Holdings 4
  • % Assets in Top 10 Holdings 37.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Government National Mortgage Association 2%

5.12
23,997,283
Securitized

Government National Mortgage Association 3%

4.47
20,931,838
Securitized

Government National Mortgage Association 2%

4.41
20,667,096
Securitized

Government National Mortgage Association 2.5%

4.33
20,275,998
Securitized

Government National Mortgage Association 3%

4.18
19,583,456
Securitized

Government National Mortgage Association 3%

3.96
18,548,288
Securitized

Government National Mortgage Association 2.5%

3.28
15,381,378
Securitized

Government National Mortgage Association 6%

2.76
12,920,834
Securitized

Government National Mortgage Association 5%

2.56
12,015,736
Securitized

Government National Mortgage Association 2.5%

2.29
10,742,305
Securitized