DWS GNMA Inst (GIGGX)
| Fund Assets | 686.61M |
| Expense Ratio | 0.56% |
| Min. Investment | $1,000,000 |
| Turnover | 545.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 4.08% |
| Dividend Growth | 4.44% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 24, 2025 |
| Previous Close | 11.80 |
| YTD Return | 3.99% |
| 1-Year Return | 1.98% |
| 5-Year Return | -3.36% |
| 52-Week Low | 11.32 |
| 52-Week High | 12.09 |
| Beta (5Y) | n/a |
| Holdings | 301 |
| Inception Date | Feb 2, 2009 |
About GIGGX
DWS GNMA Fund – Class Institutional is a mutual fund primarily focused on providing a steady level of current income while maintaining share price stability relative to long-term bonds. The fund achieves this by investing at least 80% of its net assets in "Ginnie Maes," which are mortgage-backed securities issued or guaranteed by the Government National Mortgage Association (GNMA). These securities carry the full faith and credit guarantee of the U.S. government, making them distinct for their credit quality and reduced default risk. The fund targets investors such as institutions seeking income with lower volatility, emphasizing U.S. government-backed mortgage securities as its core investment universe. With over 290 holdings and substantial assets under management, DWS GNMA Fund – Class Institutional plays a significant role within the intermediate government bond sector by supporting liquidity and stability in the mortgage-backed securities market. Its monthly dividend payouts and primary focus on government-guaranteed instruments underscore its aim to meet the income needs of large investors while maintaining an investment-grade risk profile.
Performance
GIGGX had a total return of 1.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.71%.
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 | $0.0448 | Jul 25, 2025 |
| Jun 23, 2025 | $0.0418 | Jun 24, 2025 |
| May 22, 2025 | $0.0407 | May 23, 2025 |
| Apr 23, 2025 | $0.0403 | Apr 24, 2025 |
| Mar 24, 2025 | $0.0411 | Mar 25, 2025 |
| Feb 21, 2025 | $0.0419 | Feb 24, 2025 |