BlackRock GNMA Portfolio

Scorecard
4 / 5 Stars
Lipper
4 5 5 2 2
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
TheStreet.com
C- (Hold)

#40 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 2.86 percent over the past year, 5.17 percent over the past three years, 5.84 percent over the past five years, and 5.01 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 0.9%
1 Year 2.9%
3 Years (Annualized) 5.2%
5 Years (Annualized) 5.8%
10 Years (Annualized) 5.0%

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Summary

The investment seeks to maximize total return, consistent with income generation and prudent investment management. Under normal circumstances, the fund invests at least 80% of its assets in Government National Mortgage Association ("GNMA") securities. It invests primarily in securities issued by the GNMA as well as other U.S. government securities. Securities purchased by the fund are rated in the highest rating category (AAA or Aaa). The fund also makes investments in residential and commercial mortgage-backed securities and other asset-backed securities.

Fees

Fees are Low compared to funds in the same category.
BlackRock GNMA Portfolio has an expense ratio of 0.90 percent.

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Risk

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

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