American Century Ginnie Mae Fund (BGNAX)
| Fund Assets | 361.29M |
| Expense Ratio | 0.80% |
| Min. Investment | $2,500 |
| Turnover | 202.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.42% |
| Dividend Growth | 11.07% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 8.96 |
| YTD Return | 3.02% |
| 1-Year Return | 0.25% |
| 5-Year Return | -7.94% |
| 52-Week Low | 8.63 |
| 52-Week High | 9.24 |
| Beta (5Y) | 0.24 |
| Holdings | 164 |
| Inception Date | Oct 9, 1997 |
About BGNAX
The American Century Ginnie Mae Fund A Class is a mutual fund focused on generating **high current income** while prioritizing the **safety of principal and liquidity**. It achieves this objective by investing chiefly in **mortgage-backed securities issued by the Government National Mortgage Association (GNMA or "Ginnie Mae")**, which are explicitly backed by the full faith and credit of the U.S. government. This structure provides the fund with a high degree of credit quality and helps safeguard investor capital during periods of market stress. The fund is categorized within the **intermediate government bond sector**, reflecting its typical bond maturities and interest rate sensitivity. Its portfolio predominantly consists of various GNMA certificate pools, representing ownership in the cash flows from federally insured mortgage loans. As of the latest reporting period, the fund manages a substantial pool of assets, allocating a significant portion to its top GNMA holdings and maintaining a moderate portfolio duration, which helps balance yield and interest rate risk. The American Century Ginnie Mae Fund A Class plays a vital role in offering investors exposure to U.S. government-backed mortgage securities, serving those seeking steady income streams with comparatively lower credit risk relative to many other fixed-income funds.
Performance
BGNAX had a total return of 0.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.83%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
44.13% of assets| Name | Symbol | Weight |
|---|---|---|
| Ginnie Mae - G2SF 5.5 7/25 MBS 30yr | G2SF | 7.83% |
| State Street Bank & Trust Co - Fixed Income Clearing Corp 4.39 07/01/2025 | STBK | 6.30% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION - Ginnie Mae II Pool 2.00 | G2 | 5.84% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION - Ginnie Mae II Pool 3.00 | G2 | 4.47% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION - Ginnie Mae II Pool 3.00 | G2 | 4.28% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION - Ginnie Mae II Pool 2.50 | G2 | 3.83% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION - Ginnie Mae II Pool 5.00 | G2 | 3.04% |
| Ginnie Mae - G2SF 6 8/25 MBS 30yr | G2SF | 2.98% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION - Ginnie Mae II Pool 5.00 | G2 | 2.95% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION - Ginnie Mae II Pool 2.50 | G2 | 2.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02814 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0276 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02682 | Jun 30, 2025 |
| May 30, 2025 | $0.02785 | May 30, 2025 |
| Apr 30, 2025 | $0.02647 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02457 | Mar 31, 2025 |