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BlackRock GNMA Instl (BGNIX) Fund Ranking and Research

Ranking, Research and Recommendation of BlackRock GNMA Instl (BGNIX) Fund

    Last Trade: $9.92 on 11/26/2014, Change: -0.01 (-0.1%)

 

Graph of BlackRock GNMA Instl Fund (BGNIX) ManagerFund Manager - Matthew Kraeger

Fund Manager Information

Fund Manager Tenure: 4.9 years
Fund Family: BlackRock
Fund Category: Intermediate Government
Fund Performance: Oct 30, 2014
Fundmojo Fund Grade: B (Score: 0.67)     (What does this score mean?)

 

Graph of BlackRock GNMA Instl Fund (BGNIX) ProfileBlackRock GNMA Instl Fund (BGNIX) Profile

Fund Profile and Description

BlackRock GNMA Instl Fund seeks total return, consistent with income generation and prudent investment management. BlackRock GNMA Instl Fund invests primarily in securities issued by the GNMA as well as other U.S. government securities in the five to ten year maturity range. It invests at least 80% of assets in GNMA securities.

 

BlackRock GNMA Instl (BGNIX) Fund Strength What we like about BlackRock GNMA Instl (BGNIX) Fund

Data for BlackRock GNMA Instl Fund (BGNIX) as of Oct 30, 2014

  • BlackRock GNMA Instl Fund (BGNIX) management has been with BlackRock GNMA Instl Fund for 4.9 years
  • BlackRock GNMA Instl Fund (BGNIX) has good short-term performance (1-year return 3.77% vs 3.00% Intermediate Government category median performance)
  • BlackRock GNMA Instl Fund (BGNIX) has good mid-term performance (3-year return 2.66% vs 1.61% Intermediate Government category median performance)
  • BlackRock GNMA Instl Fund (BGNIX) has good Long-term performance (5-year return 4.26% vs 3.13% Intermediate Government category median performance)
  • BlackRock GNMA Instl Fund (BGNIX) ratio of up-years vs down years is greater than 2
  • BlackRock GNMA Instl Fund (BGNIX) has a Morningstar rating of 4 and above
  • BlackRock GNMA Instl Fund (BGNIX) has an annual stock turnover rate of 1,405.00% vs Intermediate Government average of 226.87%. It is good that BlackRock GNMA Instl management does not trade extensively for its return.
  • BlackRock GNMA Instl Fund (BGNIX) has a lower expense ratio than its Intermediate Government average: 0.55% vs 0.92%
  • BlackRock GNMA Instl Fund (BGNIX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

BlackRock GNMA Instl Fund (BGNIX) Weakness What we are cautious about BlackRock GNMA Instl (BGNIX) Fund

Data for BlackRock GNMA Instl Fund (BGNIX) as of Oct 30, 2014

  • BlackRock GNMA Instl Fund (BGNIX) is less safe compared to its Intermediate Government peers
  • BlackRock GNMA Instl Fund (BGNIX) is more volatile than its peers as it has a 3-year Standard Deviation of 2.9 that is higher than category average of 2.44
See BlackRock GNMA Instl Fund (BGNIX) performance details as of Oct 30, 2014

 

What do you think?

 

Compare BlackRock GNMA Instl Fund (BGNIX)Compare with other top Intermediate Government category mutual funds

Aadditional top Intermediate Government mutual funds for your consideration

FundYear to Date1 Year3 year5 year
BlackRock GNMA Instl5.523.772.664.26
Columbia US Government Mortgage A (AUGAX)4.723.983.565.85Compare
AMG Managers Intermediate Duration Govt (MGIDX)5.754.912.744.23Compare
Putnam US Government Income Y (PUSYX)5.704.912.854.36Compare

See top fund managers for Intermediate Government Category Funds

 

Compare BlackRock GNMA Instl Fund (BGNIX)Compare with Intermediate Government category ETFs

Some Intermediate Government ETFs for your consideration

ETFYear to DateOne YearThree Year
iShares Barclays Agency Bond (AGZ)3.20%2.41%1.46%
Schwab Intermediate-Term U.S. Trsy ETF (SCHR)3.86%2.29%1.65%
Vanguard Interm-Tm Govt Bd Idx ETF (VGIT)3.90%2.20%1.66%
iShares Barclays 3-7 Year Treasury Bond (IEI)2.86%1.58%1.25%
SPDR Barclays Capital Interm Term Trs (ITE)2.21%1.39%1.08%

 

Graph of BlackRock GNMA Instl Fund (BGNIX) Net Asset TrackingBlackRock GNMA Instl (BGNIX) Fund Net Asset

Track net asset change of BlackRock GNMA Instl fund (BGNIX)

DateNet Asset
10/2014$747.70M
09/2014$726.53M
08/2014$727.83M
More historic net asset information on BlackRock GNMA Instl Fund (BGNIX)

  

Graph of BlackRock GNMA Instl Fund (BGNIX) Portfolio TrackingBlackRock GNMA Instl (BGNIX) Fund Portfolio Allocation

Track portfolio allocation change of BlackRock GNMA Instl fund (BGNIX)

DateCashStockBondOther
09/20149.33%0%83.81%0.23%
08/201416.26%0%83.69%0.05%
07/201424.3%0%75.51%0.18%
Click here to see more historic asset allocation information on BlackRock GNMA Instl Fund (BGNIX)

 

graph of BlackRock GNMA Instl Fund (BGNIX) Top 10 Position TrackingTop 10 Holdings in BlackRock GNMA Instl (BGNIX) Fund

Discover what BlackRock GNMA Instl Fund (BGNIX) manager is buying

Sep 29, 2014
Govt Natl Mtg Asso 3.5% [12.91%]
Ginnie Mae Jumbos TBA 3% 2044-11-01 [11.77%]
GNMA 4.5% [10.11%]
GNMA 4% [6.66%]
Ginnie Mae Jumbos TBA 4% 2044-10-01 [5.67%]
Fannie Mae Single Family TBA 4.5% 2044-11-01 [5.32%]
Fed Natl Mort Assc 4% [4.11%]
Ginnie Mae Single Family TBA 6.5% 2044-10-01 [3.77%]
Ginnie Mae Jumbos TBA 4.5% 2044-10-01 [3.67%]

Aug 30, 2014
Govt Natl Mtg Asso 3% [12.87%]
GNMA 4.5% [10.33%]
GNMA 4% [6.8%]
US Treasury Note 2.75% [4.27%]
Govt Natl Mtg Asso 4.5% [3.78%]
FNMA 3% [3.35%]
GNMA 5.5% [2.64%]
Govt Natl Mtg Asso 3.5% [2.56%]

Jul 30, 2014
Govt Natl Mtg Asso 3% [12.69%]
GNMA 4.5% [10.5%]
GNMA 4% [6.87%]
US Treasury Note 2.75% [4.23%]
FNMA 3% [3.32%]
GNMA 5.5% [2.66%]
Govt Natl Mtg Asso 3.5% [2.53%]
Govt Natl Mtg Asso 4.5% [2.47%]
Click here for Stock Holding Change Map in BlackRock GNMA Instl Fund (BGNIX)

  

Latest News on BlackRock GNMA Instl (BGNIX) Fund

See what is happening with BlackRock GNMA Instl Fund (BGNIX)

 

BlackRock GNMA Instl Fund (BGNIX) Related ResourcesSee more information on BlackRock GNMA Instl (BGNIX) Fund

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