T. Rowe Price GNMA Fund (PRGMX)
PRGMX Price Chart
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PRGMX Fund Profile
Key details and information about T. Rowe Price GNMA Fund (PRGMX).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
26 Nov 1985
Country
US
Description
The fund primarily allocates at least 80% of its total holdings to mortgage-backed securities that are guaranteed by the Government National Mortgage Association (GNMA), an entity supervised by the U.S. Department of Housing and Urban Development. A smaller portion, up to 20% of its assets, may be invested in other premium-grade securities that do not carry the direct guarantee of the U.S. government.
PRGMX Fund Performance
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