Deutsche GNMA Fund Class S (SGINX)

14.56
Net Asset Value
+0.07%
1 Day
+2.61%
Year-to-Date
Overall Morningstar Rating
Intermediate government
Style or Category
No Load
Sales Expenses
0.55%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks to produce a high level of income. The fund invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in "Ginnie Maes," which are mortgage-backed securities that are issued or guaranteed by the Government National Mortgage Association (GNMA). The fund may also purchase or sell securities on a when-issued, delayed delivery or forward commitment basis, including U.S. government agency mortgage-backed to-be-announced securities (TBAs).

Performance

1 month+0.36% 3 years+1.85%
3 months+1.08% 5 years+3.42%
1 year+5.22% Since inception+4.98%
Data through --

Peer Comparisonvs. Intermediate government

 SGINXCategory
Performance 5-yr return+3.42%+3.08%
Expense ratio0.55%0.97%
Risk 5 year sharpe ratio1.161.14
Net assets$1.7B$1.3B
Average market cap--$52.1B
Average P/E--27.9
Portfolio turnover348%348%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyDeutsche Asset & Wealth Mngt
Fund manager & tenureWilliam Chepolis / 12 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Fixed income97.45%
Cash2.55%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Govt Natl Mtg Asso 3.5%10.12%
-- Ginnie Mae Jumbos TBA 4% 2044-10-013.83%
-- US Treasury Note 1%2.78%
-- US Treasury Bond 3.375%1.76%
-- Fed Natl Mort Assc 4.5%1.75%
-- Fannie Mae Single Family TBA 4.5% 2044-11-011.73%
-- GNMA 4%1.52%
-- GNMA 3%1.43%
-- GNMA 4%1.38%
-- GNMA 5%1.35%

To view my watchlist

Not a member yet?

Sign up now for a free account

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.