Key stats
About iShares GNMA Bond ETF
Home page
Inception date
Feb 14, 2012
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
GNMA is the rare fund that focuses exclusively on mortgage-backed pass-through securities (MBS) issued by Government National Mortgage Association (GNMA, or Ginnie Mae), with maturities of 30 or 15 years. As a result, it ends to have a higher yield at the cost of more interest rate risk. The Underlying Index includes securities with a weighted average maturity of at least one year and have USD 1 billion or more of outstanding face value. These securities undergoes a monthly reconstitution. GNMA uses a representative sampling indexing strategy.
Classification
What's in the fund
Exposure type
Securitized
Bonds, Cash & Other100.00%
Securitized90.47%
Cash9.53%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
GNMA trades at 43.47 USD today, its price has risen 0.15% in the past 24 hours. Track more dynamics on GNMA price chart.
GNMA net asset value is 43.40 today — it's risen 0.71% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
GNMA assets under management is 361.13 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
GNMA price has risen by 0.83% over the last month, and its yearly performance shows a 0.88% increase. See more dynamics on GNMA price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.71% over the last month, showed a 0.02% increase in three-month performance and has increased by 4.44% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.71% over the last month, showed a 0.02% increase in three-month performance and has increased by 4.44% in a year.
GNMA fund flows account for 49.54 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
GNMA invests in bonds. See more details in our Analysis section.
GNMA expense ratio is 0.10%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, GNMA isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, GNMA technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating GNMA shows the sell signal. See more of GNMA technicals for a more comprehensive analysis.
Today, GNMA technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating GNMA shows the sell signal. See more of GNMA technicals for a more comprehensive analysis.
Yes, GNMA pays dividends to its holders with the dividend yield of 4.15%.
GNMA trades at a premium (0.17%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
GNMA shares are issued by BlackRock, Inc.
GNMA follows the Bloomberg US Aggregate Securitized - GNMA. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 14, 2012.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.