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 08/31/2016
Domestic Bond 107.4%
Domestic Stock 0.0%
Foreign Stock 0.0%
Foreign Bonds 0.0%
Preferreds 0.0%
Convertibles 0.0%
Options 0.0%
Cash -7.4%
Volatility and Other Measures
as of 08/31/2016
Beta 0.97
0.96
Standard Deviation 1.99
Credit Quality Diversification1
as of 08/31/2016
% of Total Net Assets
AAA 2.0%
AA 0.3%
A 0.0%
Not Rated 0.0%
Reserves -7.4%
US Government Agency Securities 104.1%
US Treasury 0.9%
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 08/31/2016
2.34 years
Weighted Avg. Maturity
as of 09/27/2016
5.67 years
Sector Diversification
as of 08/31/2016
% of Total Net Assets
GNMA MORTGAGE-BACKED SECURITIES 88.5%
AGENCY MORTGAGE-BACKED SECURITIES 11.2%
COLLATERILIZED MORTGAGE OBLIGATION (CMO) 5.6%
INTEREST ONLY/PRINCIPAL ONLY (IO/PO) 0.9%
U.S. TREASURIES 0.9%
ASSET-BACKED SECURITIES (ABS) 0.3%
CASH EQUIVALENTS -7.4%
10 Largest Holdings
Represents 29.09 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
FNMA 30 YR TBA OCT 3.500 03/13/2021
GNMA II 30 YR 3.500 05/08/2020
GNMA II TBA SEP 3.500 10/28/2020
GNMA ll 30 YR 3.500 07/01/2020
GNMA ll 30 YR 4.000 12/17/2018
GNMA ll 30 YR 4.000 10/17/2018
GNMA ll 30 YR 3.500 01/26/2025
GNMA ll 30 YR 3.500 09/07/2020
GNMA ll 30 YR 3.000 10/31/2020
GNMA ll 30 YR 3.000 03/10/2021
As of 08/31/2016 the GNMA Fund had a total of 1534 holdings.
Bond Maturity Diversification2
  as of 08/31/2016
% of Total Net Assets
0 - 1 YRS -5.0%
1 - 5 YRS 89.5%
5 - 10 YRS 15.5%
10 + YRS 0.0%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.