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Morningstar

T. Rowe Price GNMA PRGMX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 7.73  /  0.01 %
  • Total Assets 930.3 Mil
  • Adj. Expense Ratio
    0.560%
  • Expense Ratio 0.560%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 2.95%
  • Effective Duration 5.81 years

USD | NAV as of Sep 26, 2023 | 1-Day Return as of Sep 26, 2023, 10:21 PM GMT+0

Morningstar’s Analysis PRGMX

Will PRGMX outperform in 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.

Strength in T. Rowe Price GNMA's Process Pillar is partially offset by an Average People Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PRGMX

More PRGMX Holdings
  • Current Portfolio Date
  • Equity Holdings 1
  • Bond Holdings 763
  • Other Holdings 6
  • % Assets in Top 10 Holdings 35.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

T. Rowe Price Gov. Reserve

11.18
110,769,569
Cash and Equivalents

Government National Mortgage Association 2%

5.13
50,843,436
Securitized

Government National Mortgage Association 3%

5.11
50,659,372
Securitized

Government National Mortgage Association 2.5%

5.10
50,497,785
Securitized

Government National Mortgage Association 2.5%

4.04
40,068,502
Securitized

Government National Mortgage Association 2%

3.98
39,421,426
Securitized

Government National Mortgage Association 2.5%

3.36
33,319,723
Securitized

Government National Mortgage Association 2%

2.59
25,650,171
Securitized

Government National Mortgage Association 2.5%

2.22
22,020,642
Securitized

Government National Mortgage Association 2%

2.17
21,496,511
Securitized