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.
BNY Mellon US Mortgage A GPGAX
- NAV / 1-Day Return 12.63 / +0.24 %
- Total Assets 180.3 Mil
-
Adj. Expense Ratio
- 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 1,000
- Status Open
- TTM Yield 2.74%
- Effective Duration 5.39 years
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:15 PM GMT+0
Morningstar’s Analysis GPGAX
Will GPGAX 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 47.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Government National Mortgage Association 2.5% | 9.01 | 19.2 Mil | Securitized |
Federal National Mortgage Association 7% | 7.75 | 16.5 Mil | Securitized |
Fnma Pass-Thru I 3% | 6.31 | 13.4 Mil | Securitized |
Government National Mortgage Association 6% | 5.73 | 12.2 Mil | Securitized |
Government National Mortgage Association 4.005% | 3.85 | 8.2 Mil | Securitized |
KNDR TRUST 6.38748% | 3.34 | 7.1 Mil | Securitized |
Fnma Pass-Thru I 5% | 3.32 | 7.1 Mil | Securitized |
Federal National Mortgage Association 3.5% | 2.95 | 6.3 Mil | Securitized |
Government National Mortgage Association 3.5% | 2.61 | 5.5 Mil | Securitized |
ALEN 2021-ACEN MORTGAGE TRUST 6.58748% | 2.57 | 5.5 Mil | Securitized |