GPGAX : BNY Mellon U.S. Mortgage Fund Class A

GPGAX is a Bond Market Government Bond with HIGH fees.

GPGAX

BNY Mellon U.S. Mortgage Fund Class A

FI Score

25 /100

Expense Ratio Rating

2 /10

Expense Rating

0 /10

Market Score

3 /10

Category Score

8 /10

Market Size

3 /10

25% FI Score
  • gpgax
  • Mutual Fund
  • Bond
  • Government Bond

BNY Mellon U.S. Mortgage Fund Class A

Expenses: 1.06% (Better than 0% of similar funds)

This is a bad choice for a Government Bond Bond fund. See why ยป

Fund Summary

The investment seeks to maximize total return, consisting of capital appreciation and current income. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in U.S. mortgage-related securities. It will invest at least 65% of its net assets in Ginnie Maes. The fund can invest in privately issued mortgage-backed securities with a "BBB" or higher credit quality, but currently the advisor intends to invest in only those securities with an "A" or higher credit quality. It is not subject to any maturity or duration restrictions.

Largest Holdings

Amount Holding
9.59% Government National Mortgage Association 3%
5.35% Fnma Pass-Thru I 3.5%
4.46% Federal Home Loan Mortgage Corporation 3%
3.89% Fnma Pass-Thru I 3.5%
3.45% Government National Mortgage Association 5%
3.26% Government National Mortgage Association 3.5%
2.86% Federal National Mortgage Association 3.5%
2.86% Government National Mortgage Association 3.5%
2.80% Deutsche Bank Securities Inc. 3.94%
2.36% Government National Mortgage Association 4.5%
2.30% STARWOOD WAYPOINT HOMES TRUST 1.76%
2.15% Government National Mortgage Association 2%
2.13% Fnma Pass-Thru I 4.5%
1.97% Federal Home Loan Mortgage Corporation 4%
1.92% Federal National Mortgage Association 3.5%
1.90% Federal National Mortgage Association 3%
1.87% Government National Mortgage Association 3.5%
1.81% Government National Mortgage Association 1.19%
1.70% Federal Home Loan Mortgage Corporation 3%
1.50% Progress Residential 2019-Sfr2 Trust 3.15%
1.49% Government National Mortgage Association 4.5%
1.48% Government National Mortgage Association 2%

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