T. Rowe Price GNMA Fund (PRGMX)

Fund Assets	316.84M
Expense Ratio	0.602%
Min. Investment	$2,500
Turnover	312.40%
Dividend (ttm)	0.31
Dividend Yield	3.89%
Dividend Growth	1.19%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	7.82
YTD Return	-2.51%
1-Year Return	-1.84%
5-Year Return	-3.51%
52-Week Low	7.72
52-Week High	8.37
Beta (5Y)	0.25
Holdings	625
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.

• Fund Family: T. Rowe Price
• Category: GNMA
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PRGMX
• Index: Bloomberg GNMA TR

Performance

PRGMX had a total return of -1.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.65%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FGMNX	Fidelity	Fidelity GNMA Fund	0.45%
VFIIX	Vanguard	Vanguard GNMA Fund Investor Shares	0.20%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PRXAX	-i Class	0.40%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.0264	Sep 30, 2026
Aug 31, 2026	$0.02382	Aug 31, 2026
Jul 31, 2026	$0.02748	Jul 31, 2026
Jun 30, 2026	$0.0255	Jun 30, 2026
May 29, 2026	$0.0255	May 29, 2026
Apr 30, 2026	$0.02533	Apr 30, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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