T. Rowe Price GNMA I (PRXAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

7.86

+0.04 (0.51%)

At close: Oct 15, 2026

Fund Assets	316.84M
Expense Ratio	0.41%
Min. Investment	$2,500
Turnover	312.40%
Dividend (ttm)	0.32
Dividend Yield	4.12%
Dividend Growth	1.26%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	7.82
YTD Return	-2.38%
1-Year Return	-1.66%
5-Year Return	-2.00%
52-Week Low	7.72
52-Week High	8.36
Beta (5Y)	-0.02
Holdings	625
Inception Date	May 3, 2017

About PRXAX

T. Rowe Price GNMA Fund I Class is a mutual fund specializing in fixed income securities primarily composed of mortgage-backed securities issued by the Government National Mortgage Association (GNMA), commonly known as Ginnie Mae. Its core objective is to generate high current income while maintaining high overall credit quality and moderate price fluctuation. The fund is mandated to invest at least 80% of its assets in GNMA securities, all of which are backed by the full faith and credit of the U.S. government, offering investors a high level of credit protection. This focus positions the fund within the broader intermediate government bond category, making it suitable for those seeking exposure to U.S. government-backed mortgage assets. It provides diversification benefits by holding a range of GNMA mortgage pools and related investments, which typically display lower credit risk compared to securities not backed by the government. T. Rowe Price GNMA Fund I Class plays a significant role in the fixed-income market as a source of stable, income-generating securities anchored by the reliability of U.S. government guarantees, making it a vital component for investors looking to balance risk and income within their portfolios.

Fund Family T. Rowe Price

Category GNMA

Performance Rating Average

Risk Rating Average

Stock Exchange Nasdaq

Ticker Symbol PRXAX

Share Class -i Class

Index Bloomberg GNMA TR

Performance

PRXAX had a total return of -1.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.78%.

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%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02779	Sep 30, 2026
Aug 31, 2026	$0.02521	Aug 31, 2026
Jul 31, 2026	$0.02906	Jul 31, 2026
Jun 30, 2026	$0.02695	Jun 30, 2026
May 29, 2026	$0.027	May 29, 2026
Apr 30, 2026	$0.02679	Apr 30, 2026

Full Dividend History