T Rowe Price GNMA Fund (PRGMX)
8.24
-0.02
(-0.24%)
USD |
Dec 04 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.62% | 359.32M | -- | 76.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -468.70M | 5.35% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The fund seeks high current income consistent with high overall credit quality and moderate price fluctuation by investing at least 80% of its total assets in GMNA securities backed by the full faith and credit of the US government. It invest at least 80% of its total assets in mortgage-backed securities issued by GMNA. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Mortgages |
| Peer Group | GNMA Funds |
| Global Macro | Bond HC |
| US Macro | U.S. Government & Treasury Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | GNMA Funds |
| Fund Owner Firm Name | T. Rowe Price |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
43
-45.16M
Peer Group Low
260458.0
Peer Group High
1 Year
% Rank:
95
-468.70M
-3.796B
Peer Group Low
28.16M
Peer Group High
3 Months
% Rank:
8
-262.14M
Peer Group Low
-1.671M
Peer Group High
3 Years
% Rank:
79
-7.414B
Peer Group Low
319.14M
Peer Group High
6 Months
% Rank:
22
-280.74M
Peer Group Low
17.16M
Peer Group High
5 Years
% Rank:
40
-14.69B
Peer Group Low
-32.81M
Peer Group High
YTD
% Rank:
95
-3.527B
Peer Group Low
8.832M
Peer Group High
10 Years
% Rank:
68
-16.23B
Peer Group Low
403.81M
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 05, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 2.97% |
| Stock | 0.00% |
| Bond | 96.66% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.37% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| GNMA 2.0 03/20/2051 FIX USD Agency | 5.31% | 82.83 | -0.28% |
| T Rowe Price Government Money Fund | 4.56% | 1.00 | 0.00% |
| GNMA 2.5 12/20/2051 FIX USD Agency | 4.19% | 86.36 | -0.09% |
|
Government National Mortgage Association 2 5.5% 01-OCT-2055
|
4.12% | -- | -- |
| GNMA 2.0 01/20/2052 FIX USD Agency | 3.51% | 82.82 | -0.28% |
|
Government National Mortgage Association 2 5% 01-OCT-2055
|
3.23% | -- | -- |
| GNMA 2.0 01/20/2051 FIX USD Agency | 3.20% | 82.85 | -0.28% |
| GNMA 2.5 08/20/2050 FIX USD Agency | 3.06% | 86.39 | -0.09% |
|
Government National Mortgage Association 2 20-JUL-2051 CE6127
|
2.20% | -- | -- |
| GNMA 3.0 10/20/2051 FIX USD Agency | 2.14% | 89.68 | -0.36% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.29% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 2500.00 None |
| Minimum Subsequent Investment | 100.00 None |
Basic Info
| Investment Strategy | |
| The fund seeks high current income consistent with high overall credit quality and moderate price fluctuation by investing at least 80% of its total assets in GMNA securities backed by the full faith and credit of the US government. It invest at least 80% of its total assets in mortgage-backed securities issued by GMNA. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Mortgages |
| Peer Group | GNMA Funds |
| Global Macro | Bond HC |
| US Macro | U.S. Government & Treasury Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | GNMA Funds |
| Fund Owner Firm Name | T. Rowe Price |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-3-25) | 3.69% |
| 30-Day SEC Yield (10-31-25) | 3.86% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 624 |
| Bond | |
| Yield to Maturity (9-30-25) | 4.87% |
| Effective Duration | 5.59 |
| Average Coupon | 4.55% |
| Calculated Average Quality | 1.008 |
| Effective Maturity | 25.32 |
| Nominal Maturity | 25.32 |
| Number of Bond Holdings | 597 |
As of September 30, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:PRGMX", "name") |
| Broad Asset Class: =YCI("M:PRGMX", "broad_asset_class") |
| Broad Category: =YCI("M:PRGMX", "broad_category_group") |
| Prospectus Objective: =YCI("M:PRGMX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |