DWS GNMA Fund - Class C (GCGGX)
| Fund Assets | 696.10M |
| Expense Ratio | 1.58% |
| Min. Investment | $1,000 |
| Turnover | 545.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.08% |
| Dividend Growth | 5.34% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 11.68 |
| YTD Return | 2.39% |
| 1-Year Return | 1.94% |
| 5-Year Return | -9.06% |
| 52-Week Low | 11.32 |
| 52-Week High | 12.09 |
| Beta (5Y) | n/a |
| Holdings | 301 |
| Inception Date | Feb 2, 2009 |
About GCGGX
DWS GNMA Fund – Class C is a mutual fund specializing in intermediate-term, taxable government bonds, with a primary focus on securities issued by the Government National Mortgage Association (GNMA or Ginnie Mae). The fund’s core objective is to provide a high level of income by investing at least 80% of its net assets, plus any borrowed funds for investment purposes, in mortgage-backed securities whose timely payment of principal and interest is backed by the full faith and credit of the U.S. government. This government backing is a notable feature, contributing to the credit quality and perceived safety of the fund’s holdings. Due to its structure, the DWS GNMA Fund plays a significant role for investors seeking regular income with relatively lower credit risk compared to corporate bonds. It may also hold a portion of its assets in cash equivalents or repurchase agreements for liquidity purposes. The fund is actively managed, which allows the investment team to adjust the portfolio as market or interest rate conditions evolve, but may result in higher portfolio turnover. Overall, the DWS GNMA Fund – Class C is positioned as a vehicle for income generation and capital preservation, closely aligning with the needs of conservative investors or those looking to balance a diversified bond portfolio.
Performance
GCGGX had a total return of 1.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.70%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
70.04% of assets| Name | Symbol | Weight |
|---|---|---|
| Government National Mortgage Association 5.5% | G2SF.5.5 6.11 | 13.69% |
| Government National Mortgage Association 5% | G2SF.5 6.11 | 12.17% |
| Government National Mortgage Association 2% | G2SF.2 6.13 | 11.58% |
| Government National Mortgage Association 4.5% | G2SF.4.5 6.11 | 7.50% |
| Government National Mortgage Association 2.5% | G2.MA7534 | 5.05% |
| Federal National Mortgage Association 5.5% | FNCL.5.5 6.11 | 4.50% |
| Federal National Mortgage Association 3% | FNCL.3 6.11 | 4.40% |
| Government National Mortgage Association 6.5% | G2.MB0310 | 4.07% |
| Government National Mortgage Association 2% | G2.MA7135 | 3.60% |
| Government National Mortgage Association 2.5% | G2.MA7936 | 3.48% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 24, 2025 | $0.0349 | Jul 25, 2025 |
| Jun 23, 2025 | $0.0316 | Jun 24, 2025 |
| May 22, 2025 | $0.0313 | May 23, 2025 |
| Apr 23, 2025 | $0.0301 | Apr 24, 2025 |
| Mar 24, 2025 | $0.0314 | Mar 25, 2025 |
| Feb 21, 2025 | $0.0305 | Feb 24, 2025 |