Ginnie Mae funds have long been a popular choice for investors, and that continues to be the case. The six largest mutual funds focusing on Ginnie Maes hold over $37 billion in assets. However, some advisors’ commitment to Ginnie Mae may be waning.
“I used to recommend Ginnie Mae funds, but I’m not buying them now,” says Don Martin, a CFP and president and founder of Mayflower Capital, an investment advisory and financial planning firm in Los Alamos, Calif.
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