T. Rowe Price GNMA Fund (PRGMX) NASDAQ

Currency In USD

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T. Rowe Price GNMA Fund

Address

Baltimore MD 21202

Baltimore, MD 21202

United States of America (the)

Phone

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

November 26, 1985

Key Executives

N/A
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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.

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