Investment Test Drive

BGPSX BlackRock GNMA Svc

2 lower fee alternatives found

FeeX scanned the market for similar funds with lower fees and better past returns
Show results with
Investing
$
  YOU ASKED ABOUT FEATURED ALTERNATIVE ? ALTERNATIVE
Fund BGPSX BlackRock GNMA Svc VFIIX Vanguard GNMA Inv SEGMX SEI GNMA A (SDIT)  
Similarity
?
100% 91% 85%
Annual Fees
?
$71.48
(0.70% Exp. Ratio)
$21.44
(0.21% Exp. Ratio)
$70.45
(0.69% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.11% annual return
$15,145.49 $17,555.63 $15,191.31
Est. savings over 30 yrs +$2,410.15 +$45.82
Return
As of 12/31/16
1 YR RETURN 1.27%
3 YR 2.59%
5 YR 1.68%
10 YR 4.29%
1 YR RETURN 1.85%
3 YR 3.25%
5 YR 1.95%
10 YR 4.36%
1 YR RETURN 1.51%
3 YR 3.23%
5 YR 1.87%
10 YR 4.58%
Description
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 GNMA as well as other U.S. government securities. Securities purchased by the fund are rated in the highest rating category (AAA or Aaa) at the time of purchase by at least one major rating agency or are determined by the fund management team to be of similar quality.
The investment seeks to provide a moderate level of current income. The fund invests at least 80% of its assets in Government National Mortgage Association (GNMA) pass-through certificates, which are fixed income securities representing part ownership in a pool of mortgage loans supported by the full faith and credit of the U.S. government. It may invest in other types of securities such as U.S. Treasury or other U.S. government agency securities. The fund's dollar-weighted average maturity will normally fall within an intermediate-term range (3 to 10 years).
The investment seeks to preserve principal value and maintain a high degree of liquidity while providing current income. The fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in mortgage-backed securities issued by the Government National Mortgage Association (GNMA). It may also invest in U.S. Treasury securities and U.S. government securities obligations, and repurchase agreements collateralized by such obligations. The fund may enter into dollar roll transactions with selected banks and broker-dealers and invest in to-be-announced mortgage-backed securities, futures contracts and forward contracts.

Join FeeX to view all alternatives, get more data and filtering options, and be able to automatically scan all your investments for lower fee replacements.

It's free!

The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

+

Your Feedback has been sent successfully!