T. Rowe Price GNMA
100 East Pratt Street Baltimore MD 21202
Map
Phone: 800-638-5660
| Category: | Intermediate Government | | Fund Family: | T. Rowe Price | | Net Assets: | 1.39B | | Year-to-Date Return: | 2.09% | | Yield: | 4.79% | | Morningstar Rating: |  | | Fund Inception Date: | 26-Nov-85 |
|
Andrew McCormick
Lead Manager since
01-Apr-08 | | | McCormick joined T. Rowe Price in 2008 and has been managing investments since 1995. Prior to joining the firm, he was the chief investment officer of IMPAC Mortgage Holdings (2006) and a senior portfolio manager for Avenue Capital Group (2005). From 1995-2005, McCormick was with the Federal National Mortgage Association (Fannie Mae) where he ultimately served as senior vice president, Portfolio Transactions. |
| Min Initial Investment: | $2,500 | | Min Initial Investment, IRA: | $1,000 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | $50 | | Min Subsequent Investment, AIP: | $50 |
|
| |
| The investment seeks current income consistent with high overall credit quality and moderate price fluctuation. The fund normally invests at least 80% of assets in mortgage-backed securities issued by the Government National Mortgage Association (GNMA). It may invest up to 20% of assets in high-quality securities that are not backed by the full faith and credit of the U.S. government. There is no limit on the maturity of individual bonds for the portfolio. |
| Last Dividend
(29-Aug-08):
| 0.04 | | Last Cap Gain
(9-Mar-87):
| 0.02 | | Annual Holdings Turnover
| 90.00% | | Average for Category:
| 260.68% |
|
| Expense | PRGMX | Category
Avg | | Total Expense Ratio: | 0.62%
| 1.05% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 4.30% | | Max Deferred Sales Load: | 0.00%
| 2.76% | | 3 Yr Expense Projection*: |
$211 | $508 | | 5 Yr Expense Projection*: |
$368 | $758 | | 10 Yr Expense Projection*: |
$822 | $1,475 |
|
|
1.49% Nasdaq 
0.27%
Profile
