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BlackRock GNMA Inv A BGPAX

Analyst rating as of
NAV / 1-Day Return
9.52  /  0.01 %
Total Assets
651.5 Mil
Adj. Expense Ratio
0.670%
Expense Ratio
0.730%
Fee Level
Low
Longest Manager Tenure
11.17 years
Category
Intermediate Government
Credit Quality / Interest Rate Sensitivity
High / Limited
Min. Initial Investment
1,000
Status
Open
TTM Yield
2.75%
Effective Duration
1.15 years
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Morningstar’s Analysis

Will BGPAX outperform in future?

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

GNMA-focused strategies face tough competition.

Associate Director

Summary

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BlackRock GNMA boasts a well-resourced team and a thorough process, but its investment niche within the intermediate government Morningstar Category has attracted compelling low-cost passive alternatives for government mortgage exposure in recent years. This eroded edge underpins a downgrade of its Process rating to Average, and it receives a Morningstar Analyst Rating of Neutral across all share classes.

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