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American Century Ginnie Mae Inv (BGNMX)

11.24 0.00(0.00%) May 25


Profile as of Apr 29, 2012Get Profile for:
American Century Ginnie Mae Inv
American Century Government Income Trust
Map
Phone: 800-345-2021
Fund Overview 
Category:Intermediate Government
Fund Family:American Century Investments
Net Assets:1.90B
Year-to-Date Return:0.95%
Yield:3.49%
Morningstar Rating:4 stars
Fund Inception Date:Sep 22, 1985
Morningstar Style Box 
Intermediate Government
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Management Information 
Robert Gahagan
Lead Manager since Dec 30, 2006
Mr. Gahagan, Senior Vice President and Senior Portfolio Manager, joined American Century Investments in 1983.  He became a portfolio manager in 1991. He has a bachelor’s degree in economics and an MBA from the University of Missouri – Kansas City.
Investment Information 
Min Initial Investment:2,500
Min Initial Investment, IRA:N/A
Min Initial Investment, AIP:2,500
Min Subsequent Investment:50
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:50
BGNMX can be purchased from 112 brokerages.

Fund Summary 
The investment seeks high current income while maintaining liquidity and safety of principal by investing primarily in GNMA certificates. The fund invests at least 80% of assets in securities issued by the GNMA. It may invest in other U.S. government securities, including U.S. Treasury securities and other securities issued or guaranteed by the U.S. government and its agencies and instrumentalities. The fund may invest in derivative instruments such as options, futures contracts, options on futures contracts, and swap agreements, or in mortgage- or asset-backed securities, provided that such investments are in keeping with the fund’s investment objective.

Fund Operations 
Last Dividend (Apr 29, 2012) : 0.03
Last Cap Gain : 0.00
Annual Holdings Turnover (May 22, 2012) : 100.00%
Average for Category:269.61%
Fees & Expenses 
ExpenseBGNMXCategory Avg
Annual Report Expense Ratio (net):0.53%0.98%
Prospectus Net Expense Ratio:0.56%N/A
Prospectus Gross Expense Ratio:0.56%N/A
Max 12b1 Fee:N/AN/A
Max Front End Sales Load:N/A3.95%
Max Deferred Sales Load: N/A2.59%
3 Yr Expense Projection*:180455
5 Yr Expense Projection*:313689
10 Yr Expense Projection*:7021,349
* Per $10,000 invested