DWS GNMA Fund - Class R6 (GRRGX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.71
-0.01 (-0.09%)
Jul 31, 2025, 4:00 PM EDT
-0.09%
Fund Assets696.10M
Expense Ratio0.51%
Min. Investment$1,000
Turnover545.00%
Dividend (ttm)0.42
Dividend Yield3.58%
Dividend Growth-10.69%
Payout FrequencyMonthly
Ex-Dividend DateJul 24, 2025
Previous Close11.72
YTD Return2.66%
1-Year Return2.68%
5-Year Return-4.21%
52-Week Low11.32
52-Week High12.10
Beta (5Y)n/a
Holdings301
Inception DateFeb 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.

Fund Family DWS
Category Intermediate Government
Stock Exchange NASDAQ
Ticker Symbol GRRGX
Share Class Class R6
Index Bloomberg GNMA TR

Performance

GRRGX had a total return of 2.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.84%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FGMNXFidelityFidelity GNMA Fund0.45%
VFIIXVanguardVanguard GNMA Fund Investor Shares0.21%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
GIGGXInstitutional Class0.56%
SGINXClass S0.58%
GGGGXClass A0.83%
GCGGXClass C1.58%

Top 10 Holdings

70.04% of assets
NameSymbolWeight
Government National Mortgage Association 5.5%G2SF.5.5 6.1113.69%
Government National Mortgage Association 5%G2SF.5 6.1112.17%
Government National Mortgage Association 2%G2SF.2 6.1311.58%
Government National Mortgage Association 4.5%G2SF.4.5 6.117.50%
Government National Mortgage Association 2.5%G2.MA75345.05%
Federal National Mortgage Association 5.5%FNCL.5.5 6.114.50%
Federal National Mortgage Association 3%FNCL.3 6.114.40%
Government National Mortgage Association 6.5%G2.MB03104.07%
Government National Mortgage Association 2%G2.MA71353.60%
Government National Mortgage Association 2.5%G2.MA79363.48%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jul 24, 2025$0.0442Jul 25, 2025
Jun 23, 2025$0.0413Jun 24, 2025
May 22, 2025$0.0424May 23, 2025
Apr 23, 2025$0.0163Apr 24, 2025
Mar 24, 2025$0.040Mar 25, 2025
Jan 24, 2025$0.0387Jan 27, 2025
Full Dividend History