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 11/30/2016
Domestic Bond 109.9%
Domestic Stock 0.0%
Foreign Stock 0.0%
Foreign Bonds 0.0%
Preferreds 0.0%
Convertibles 0.0%
Options 0.0%
Cash -9.8%
Volatility and Other Measures
as of 11/30/2016
Beta 0.94
0.95
Standard Deviation 1.96
Credit Quality Diversification1
as of 11/30/2016
% of Total Net Assets
AAA 1.1%
AA 0.6%
A 0.0%
Not Rated 0.0%
Reserves -9.8%
US Government Agency Securities 107.4%
US Treasury 0.8%
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 11/30/2016
4.28 years
Weighted Avg. Maturity
as of 12/06/2016
7.72 years
Sector Diversification
as of 11/30/2016
% of Total Net Assets
GNMA MORTGAGE-BACKED SECURITIES 79.1%
AGENCY MORTGAGE-BACKED SECURITIES 17.5%
COLLATERILIZED MORTGAGE OBLIGATION (CMO) 10.1%
INTEREST ONLY/PRINCIPAL ONLY (IO/PO) 1.5%
ASSET-BACKED SECURITIES (ABS) 0.8%
U.S. TREASURIES 0.7%
CASH EQUIVALENTS -9.8%
10 Largest Holdings
Represents 27.65 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
FNMA 15 YR TBA DEC 2.500 06/29/2021
FNMA 30 YR TBA NOV 2.500 03/25/2025
GNMA II TBA NOV 3.500 07/10/2021
GNMA II TBA NOV 4.000 09/14/2020
GNMA ll 30 YR 3.500 08/24/2020
GNMA ll 30 YR 3.500 07/22/2020
GNMA ll 30 YR 4.000 01/08/2019
GNMA ll 30 YR 4.000 11/29/2018
GNMA ll 30 YR 3.500 09/04/2024
GNR 2016-120 NF .926 07/17/2021
As of 11/30/2016 the GNMA Fund had a total of 1493 holdings.
Bond Maturity Diversification2
  as of 11/30/2016
% of Total Net Assets
0 - 1 YRS -3.9%
1 - 5 YRS 19.8%
5 - 10 YRS 84.1%
10 + YRS 0.0%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.