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From: tg@sfmin.UUCP (T.Glinos)
Newsgroups: net.invest
Subject: Re: GinnieMae funds
Message-ID: <660@sfmin.UUCP>
Date: Sun, 23-Feb-86 11:29:27 EST
Article-I.D.: sfmin.660
Posted: Sun Feb 23 11:29:27 1986
Date-Received: Wed, 26-Feb-86 04:25:30 EST
References: <2437@sdcc6.UUCP> <9282@ucla-cs.ARPA>
Distribution: net
Organization: AT&T Bell Laboratories, Summit N.J.
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> The different yields can be explained by a number of factors. First, some
> funds invest a certain percentage of their assets in U.S. government securities
> other than GNMAs (i.e., Treasury Bills, Notes and Bonds). Depending on how
> much is invested in those securities, the total yield changes. You can check the
> prospectus of a fund to find out.

Are there any general disadvantages to buying GNMA's?
Are there any penaltys involved in selling your shares
after a year?