American Century Government Income Trust Ginnie Mae Fund

Scorecard
3 / 5 Stars
Lipper
3 3 5 3 5
Zacks Investment Research
3 (Hold)
Standard & Poor's
4 / 5 Stars
TheStreet.com
C- (Hold)

#27 in Intermediate-Term Government

U.S. News evaluated 82 Intermediate Government Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 1.93 percent over the past year, 4.44 percent over the past three years, 5.18 percent over the past five years, and 4.44 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 0.7%
1 Year 1.9%
3 Years (Annualized) 4.4%
5 Years (Annualized) 5.2%
10 Years (Annualized) 4.4%

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Summary

The investment seeks high current income while maintaining liquidity and safety of principal by investing primarily in GNMA certificates. Under normal market conditions, the fund invests at least 80% of its assets in securities issued by the Government National Mortgage Association (GNMA). GNMA certificates represent interests in pools of mortgage loans and in the cash flows from these loans. To generate additional income, the fund may purchase securities, including mortgage dollar rolls, in advance through when-issued and forward commitment transactions. The fund may commit up to 35% of its total assets to such transactions.

Fees

Fees are Low compared to funds in the same category.
American Century Government Income Trust Ginnie Mae Fund has an expense ratio of 0.80 percent.

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Risk

Risk is Below Average compared to funds in the same category according to Morningstar.

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