AGMHX

About AGMHX

American Century Ginnie Mae Fund Investor Class is a mutual fund specializing in U.S. government-backed mortgage securities. Its principal objective is to provide current income and capital preservation by investing at least 80% of its assets in securities issued by the Government National Mortgage Association (GNMA), commonly known as Ginnie Mae. These securities represent fractional interests in pools of residential mortgage loans, ensuring each investment is backed by the full faith and credit of the U.S. government. This structure helps offer a high level of credit quality and liquidity, making the fund suitable for investors seeking relative safety and consistent income within the fixed-income portion of their portfolios. The fund pays monthly dividends and primarily serves investors who prioritize steady income streams and principal security, often appealing to conservative investors or those seeking a reliable bond fund for diversification. Since its launch in 2017, it has reflected the performance of the government-backed mortgage sector and plays a significant role in connecting investors to the U.S. housing finance market through direct exposure to GNMA securities.