Veteran Matthew Kraeger comanages BlackRock GNMA with Siddharth Mehta. Kraeger has been in his role since 2010 and helps lead BlackRock's broad mortgage team. Mehta is a securitized specialist who has collaborated with Kraeger on this strategy since 2011 and joined its leadership ranks in 2017. The duo taps into a 30-strong securitized credit team, a large 12-member group specializing in agency mortgage-backed securities, and large groups dedicated to macroeconomic research rates and currencies as well as data and analytics.
BlackRock GNMA Inv C BGPCX
- NAV / 1-Day Return 8.04 / −0.72 %
- Total Assets 280.6 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.880%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category Intermediate Government
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.68%
- Effective Duration —
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:28 PM GMT+0
Morningstar’s Analysis BGPCX
Will BGPCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 21.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Cash Offset | 14.83 | 42.7 Mil | — |
Government National Mortgage Association | 13.31 | 38.3 Mil | Securitized |
Government National Mortgage Association | 8.04 | 23.2 Mil | Securitized |
Government National Mortgage Association | 5.46 | 15.7 Mil | Securitized |
Government National Mortgage Association | 4.52 | 13.0 Mil | Securitized |
Government National Mortgage Association | 4.47 | 12.9 Mil | Securitized |
United States Treasury Bills | 4.39 | 12.6 Mil | Government |
Government National Mortgage Association | 4.27 | 12.3 Mil | Securitized |
Government National Mortgage Association | 4.21 | 12.1 Mil | Securitized |
Government National Mortgage Association | 3.99 | 11.5 Mil | Securitized |