American Century Investments Ginnie Mae Fund C Class (BGNCX)
| Fund Assets | 365.59M |
| Expense Ratio | 1.55% |
| Min. Investment | $2,500 |
| Turnover | 202.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 2.84% |
| Dividend Growth | 15.83% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 8.87 |
| YTD Return | 2.54% |
| 1-Year Return | 1.45% |
| 5-Year Return | -10.90% |
| 52-Week Low | 8.63 |
| 52-Week High | 9.24 |
| Beta (5Y) | n/a |
| Holdings | 166 |
| Inception Date | Mar 1, 2010 |
About BGNCX
The American Century Investments Ginnie Mae Fund C Class is a mutual fund specializing in U.S. government-backed mortgage securities, specifically focusing on securities issued by the Government National Mortgage Association (GNMA or Ginnie Mae). Its primary objective is to provide investors with current income and, to a lesser extent, capital appreciation by investing predominantly in fixed-income securities that carry explicit or implied government guarantees. The fund primarily holds mortgage-backed securities, helping to minimize credit risk due to the strong backing associated with GNMA securities, although it still remains sensitive to changes in interest rates. It typically falls within the intermediate government bond fund category, with a portfolio duration commonly between 3.5 and 6 years, and maintains a high overall credit quality. This fund plays a notable role in the market as a conservative choice for those seeking steady income with relatively low credit risk, making it particularly relevant for income-focused portfolios or investors looking for exposure to the U.S. government mortgage market segment.
Performance
BGNCX had a total return of 1.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.28%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
40.23% of assets| Name | Symbol | Weight |
|---|---|---|
| Government National Mortgage Association 5.5% | G2SF.5.5 7.11 | 7.14% |
| State Street Bank & Trust Co 4 Repo - 01jul25 | n/a | 5.74% |
| Government National Mortgage Association 2% | G2.MA7311 | 5.32% |
| Government National Mortgage Association 3% | G2.MA7473 | 4.08% |
| Government National Mortgage Association 3% | G2.MA7590 | 3.90% |
| Government National Mortgage Association 2.5% | G2.MA8147 | 3.49% |
| Government National Mortgage Association 5% | G2.787751 | 2.78% |
| Government National Mortgage Association 6% | G2SF.6 8.11 | 2.72% |
| Government National Mortgage Association 5% | G2.786696 | 2.69% |
| Government National Mortgage Association 2.5% | G2.MA7367 | 2.38% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.02195 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02156 | Jun 30, 2025 |
| May 30, 2025 | $0.02207 | May 30, 2025 |
| Apr 30, 2025 | $0.021 | Apr 30, 2025 |
| Mar 31, 2025 | $0.01945 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02141 | Feb 28, 2025 |