Morningstar

T. Rowe Price GNMA Fund PRGMX

Morningstar Medalist Rating
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Medalist Rating as of See T. Rowe Price Investment Hub
  • NAV / 1-Day Return $7.93  /  +0.25 %
  • Fund Size $315.6M
  • Adjusted Expense Ratio 0.620%
  • Net Expense Ratio 0.620%
  • Fee Level: Distribution Above Average
  • Share Class Type No Load
  • Morningstar Category Government Mortgage-Backed Bond
  • Fixed-Income Style Box (Funds) High/Moderate
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 3.95%
  • Average Effective Duration 5.79 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis PRGMX

Will PRGMX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PRGMX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PRGMX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PRGMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

T. Rowe Price GNMA holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings PRGMX

More PRGMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Government National Mortgage Association 5.5%

6.32 20M
Securitized

Government National Mortgage Association 2%

5.14 16M
Securitized

Government National Mortgage Association 2.5%

4.06 13M
Securitized

Government National Mortgage Association 5%

3.94 13M
Securitized

Government National Mortgage Association 2%

3.42 11M
Securitized

Government National Mortgage Association 2%

3.11 10M
Securitized

Government National Mortgage Association 2.5%

2.96 9M
Securitized

Government National Mortgage Association 2.5%

2.07 7M
Securitized

Government National Mortgage Association 3%

2.06 7M
Securitized

Government National Mortgage Association 5%

1.97 6M
Securitized

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