T. Rowe Price GNMA Fund (PRGMX)
Ticker Symbol:
PRGMX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Composition
Asset Allocation
as of 05/31/2017
Domestic Bond 108.5%
Domestic Stock 0.0%
Foreign Stock 0.0%
Foreign Bonds 0.0%
Preferreds 0.0%
Convertibles 0.0%
Options 0.0%
Cash -8.4%
Volatility and Other Measures
as of 05/31/2017
Beta 0.84
0.94
Standard Deviation 1.44
Credit Quality Diversification1
as of 05/31/2017
% of Total Net Assets
AAA 1.9%
AA 1.1%
A 0.0%
Not Rated -0.0%
Reserves -8.4%
US Government Agency Securities 101.6%
US Treasury 3.8%
1Sources: Moody's Investors Service; if Moody's does not rate a security, then Standard & Poor's (S&P) is used as a secondary source. When available, T. Rowe Price will use Fitch for securities that are not rated by Moody's or S&P.

U.S. government agency securities are issued or guaranteed by a U.S. government agency, and may include conventional pass-through securities and collateralized mortgage obligations; unlike Treasuries, government agency securities are not issued directly by the U.S. government and are generally unrated but may have credit support from the U.S. Treasury (e.g., FHLMC and FNMA issues) or a direct government guarantee (e.g., GNMA issues). Therefore, this category may include rated and unrated securities.

U.S. Treasury securities are issued by the U.S. Treasury and are backed by the full faith and credit of the U.S. government. The ratings of U.S Treasury securities are derived from the ratings on the U.S. government.
Weighted Avg. Effective Duration
as of 05/31/2017
4.69 years
Weighted Avg. Maturity
as of 06/20/2017
6.65 years
Sector Diversification
as of 05/31/2017
% of Total Net Assets
GNMA MORTGAGE-BACKED SECURITIES 86.3%
AGENCY MORTGAGE-BACKED SECURITIES 10.2%
COLLATERILIZED MORTGAGE OBLIGATION (CMO) 3.9%
U.S. TREASURIES 3.8%
ASSET-BACKED SECURITIES (ABS) 3.1%
INTEREST ONLY/PRINCIPAL ONLY (IO/PO) 1.2%
OTHER US GOVERNMENT AGENCY SECURITIES 0.0%
CASH EQUIVALENTS -8.4%
10 Largest Holdings
Represents 30.66 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
FHLMC GOLD 3.000 05/31/2030
GNMA 30 YR 3.000 10/17/2022
GNMA II TBA JUN 3.000 08/06/2024
GNMA II TBA JUN 4.000 10/26/2021
GNMA II TBA JUN 3.500 02/09/2023
GNMA ll 30 YR 3.000 04/12/2023
GNMA ll 30 YR 4.500 06/19/2029
GNMA ll 30 YR 3.500 07/03/2023
GNMA ll 30 YR 4.000 12/13/2020
GNMA ll 30 YR 4.000 11/03/2020
As of 05/31/2017 the GNMA Fund had a total of 1322 holdings.
Bond Maturity Diversification2
  as of 05/31/2017
% of Total Net Assets
0 - 1 YRS -4.7%
1 - 5 YRS 37.7%
5 - 10 YRS 67.0%
10 + YRS 0.0%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.