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BlackRock GNMA Inv A BGPAX

Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 7.91  /  −0.22 %
  • Total Assets 283.6 Mil
  • Adj. Expense Ratio
    0.670%
  • Expense Ratio 1.130%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.50%
  • Effective Duration 5.64 years

USD | NAV as of Jul 19, 2024 | 1-Day Return as of Jul 19, 2024, 11:57 PM GMT+0

Morningstar’s Analysis BGPAX

Will BGPAX outperform in future?

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

Occasional hiccups have made it difficult for this strategy to keep up in recent years.

Director Eric Jacobson

Eric Jacobson

Director

Summary

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.

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Portfolio Holdings BGPAX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 12.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash Offset

15.21 43.3 Mil

Government National Mortgage Association

14.53 41.4 Mil
Securitized

Government National Mortgage Association

8.63 24.6 Mil
Securitized

United States Treasury Bills

5.58 15.9 Mil
Government

Government National Mortgage Association

5.44 15.5 Mil
Securitized

Government National Mortgage Association

4.54 12.9 Mil
Securitized

Us 5Yr Note Sep 24

4.52 12.9 Mil
Government

Government National Mortgage Association

4.25 12.1 Mil
Securitized

Government National Mortgage Association

4.10 11.7 Mil
Securitized

Government National Mortgage Association

3.92 11.2 Mil
Securitized