T. Rowe Price GNMA Fund (PRGMX)
| Fund Assets | 355.63M |
| Expense Ratio | 0.62% |
| Min. Investment | $2,500 |
| Turnover | 256.10% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 3.48% |
| Dividend Growth | 6.28% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.32 |
| YTD Return | 1.52% |
| 1-Year Return | 8.91% |
| 5-Year Return | 1.00% |
| 52-Week Low | 7.70 |
| 52-Week High | 8.34 |
| Beta (5Y) | 0.26 |
| Holdings | 628 |
| Inception Date | Nov 26, 1985 |
About PRGMX
T. Rowe Price GNMA Fund is a mutual fund primarily focused on investing in Government National Mortgage Association (GNMA) securities. These securities are backed by the full faith and credit of the U.S. government, offering high credit quality. The fund aims to provide high current income while maintaining moderate price fluctuations. It typically invests at least 80% of its assets in GNMA mortgage-backed securities, with the remaining portion potentially allocated to other high-quality securities. By engaging in these investments, the fund plays a significant role in the mortgage-backed securities market, catering to investors seeking stable income with minimal default risk. The fund's strategy includes using derivatives to manage interest rate exposure and actively managing its portfolio to optimize returns.
Performance
PRGMX had a total return of 8.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.50%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PRXAX | -i Class | 0.41% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02532 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02603 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02332 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02732 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02529 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02674 | Aug 29, 2025 |