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 01/31/2017
Domestic Bond 109.7%
Domestic Stock 0.0%
Foreign Stock 0.0%
Foreign Bonds 0.0%
Preferreds 0.0%
Convertibles 0.0%
Options 0.0%
Cash -9.7%
Volatility and Other Measures
as of 01/31/2017
Beta 0.88
0.95
Standard Deviation 1.63
Credit Quality Diversification1
as of 01/31/2017
% of Total Net Assets
AAA 1.3%
AA 1.1%
A 0.0%
Not Rated -0.0%
Reserves -9.7%
US Government Agency Securities 107.3%
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.
Weighted Avg. Effective Duration
as of 01/31/2017
5.01 years
Weighted Avg. Maturity
as of 02/21/2017
7.34 years
Sector Diversification
as of 01/31/2017
% of Total Net Assets
GNMA MORTGAGE-BACKED SECURITIES 80.2%
AGENCY MORTGAGE-BACKED SECURITIES 16.3%
COLLATERILIZED MORTGAGE OBLIGATION (CMO) 9.4%
ASSET-BACKED SECURITIES (ABS) 2.4%
INTEREST ONLY/PRINCIPAL ONLY (IO/PO) 1.5%
OTHER US GOVERNMENT AGENCY SECURITIES 0.0%
U.S. TREASURIES 0.0%
CASH EQUIVALENTS -9.7%
10 Largest Holdings
Represents 28.13 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
FHLMC GOLD 3.000 06/03/2025
FNMA 30 YR TBA FEB 3.000 07/22/2026
GNMA I TBA FEB 3.000 07/11/2024
GNMA II TBA FEB 2.500 08/16/2026
GNMA II TBA FEB 3.500 02/25/2024
GNMA ll 30 YR 4.000 04/17/2019
GNMA ll 30 YR 4.000 04/17/2019
GNMA ll 30 YR 3.000 05/20/2025
GNMA ll 30 YR 3.500 12/13/2022
GNR 2016-120 NF 1.177 07/24/2023
As of 01/31/2017 the GNMA Fund had a total of 1434 holdings.
Bond Maturity Diversification2
  as of 01/31/2017
% of Total Net Assets
0 - 1 YRS -4.1%
1 - 5 YRS 18.7%
5 - 10 YRS 85.4%
10 + YRS 0.0%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.