DWS GNMA Fund - Class R6 (GRRGX)
| Fund Assets | 686.61M |
| Expense Ratio | 0.51% |
| Min. Investment | $1,000 |
| Turnover | 545.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 3.53% |
| Dividend Growth | -10.69% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 24, 2025 |
| Previous Close | 11.84 |
| YTD Return | 3.88% |
| 1-Year Return | 1.90% |
| 5-Year Return | -3.14% |
| 52-Week Low | 11.32 |
| 52-Week High | 12.10 |
| Beta (5Y) | n/a |
| Holdings | 301 |
| Inception Date | Feb 2, 2015 |
About GRRGX
DWS GNMA Fund Class R6 is a mutual fund that primarily invests in mortgage-backed securities issued or guaranteed by the Government National Mortgage Association (GNMA), commonly known as "Ginnie Maes." Its central objective is to produce a high level of income by allocating at least 80% of its net assets to these securities, which carry the full faith and credit guarantee of the U.S. government. This focus provides significant credit quality, as nearly all holdings are rated AAA, reflecting the backing by federal government guarantees. The fund is actively managed and also holds a small allocation in U.S. Treasuries and other related asset-backed and collateralized mortgage obligations to enhance diversification and income potential. With an expense ratio of 0.51% and monthly dividend distributions, DWS GNMA Fund Class R6 serves investors seeking stability and regular income from government-backed mortgage securities. It plays a key role in the fixed-income segment of the market, offering exposure to the U.S. housing sector and acting as a defensive option within an intermediate government bond category, balancing income generation with share price stability in varying interest rate environments.
Performance
GRRGX had a total return of 1.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.96%.
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 | $0.0442 | Jul 25, 2025 |
| Jun 23, 2025 | $0.0413 | Jun 24, 2025 |
| May 22, 2025 | $0.0424 | May 23, 2025 |
| Apr 23, 2025 | $0.0163 | Apr 24, 2025 |
| Mar 24, 2025 | $0.040 | Mar 25, 2025 |
| Jan 24, 2025 | $0.0387 | Jan 27, 2025 |