PRXAX — T. Rowe Price GNMA Fund
Data updated: 2026-08-12
PRXAX — T. Rowe Price GNMA Fund. Long Securitized (MBS/ABS/CMBS) Bond · $342.96M AUM · 0.40% expense ratio. Holdings, fees, performance and SEC filings.
PRXAX Fund Overview
PRXAX — T. Rowe Price GNMA Fund is a US mutual fund managed by T. Rowe Price GNMA Fund, Inc., categorised as Long Securitized (MBS/ABS/CMBS) Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: T. Rowe Price GNMA Fund, Inc.
- Category: Long Securitized (MBS/ABS/CMBS) Bond
- Assets under management: $342.96M
- 1-year return: 6.6%
- Ticker: PRXAX
- SEC CIK: 0000779785
- SEC series ID: S000002131
- Share class ID: C000190558
PRXAX Holdings
Top 10 holdings of T. Rowe Price GNMA Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Gnma Ll 30 Yr | 5.27% |
| T. Rowe Price Government Reserve Fund | 4.91% |
| Gnma Ii Tba Jun | 4.36% |
| Gnma Ii Tba Jun | 4.35% |
| Gnma Ll 30 Yr | 4.16% |
| Gnma Ll 30 Yr | 3.50% |
| Gnma Ll 30 Yr | 3.19% |
| Gnma Ll 30 Yr | 3.04% |
| Gnma Ll 30 Yr | 2.16% |
| Gnma Ll 30 Yr | 2.12% |
PRXAX Portfolio Allocation
Asset-class allocation of T. Rowe Price GNMA Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 112.0% |
| Cash & Equivalents | 4.9% |
PRXAX Performance
Total returns for PRXAX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.0% |
| 1 year | 6.6% |
| 3 years (annualised) | 4.1% |
| 5 years (annualised) | 0.5% |
PRXAX Risk Information
Risk metrics for PRXAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.2%
PRXAX Costs and Fees
PRXAX costs about $40 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.40%
- Gross expense ratio: 0.51%
- Portfolio turnover: 73%
- Brokerage commissions: 0.18 bps of average net assets (SEC N-CEN)
PRXAX Cashflows
Over the 12 months to 2026-05, T. Rowe Price GNMA Fund had net outflows of $17.93M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$2.90M |
| 2026-04 | −$1.13M |
| 2026-03 | −$2.88M |
| 2026-02 | −$2.22M |
| 2026-01 | −$1.96M |
| 2025-12 | −$4.55M |
PRXAX Debt Constituents
No individual debt constituents are reported in T. Rowe Price GNMA Fund's latest SEC N-PORT filing.
PRXAX Prospectus and SEC Filings
Official T. Rowe Price GNMA Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-07-27
- Prospectus (485BPOS) — filed 2025-07-25
- Prospectus (485BPOS) — filed 2024-07-25
- Portfolio holdings (N-PORT) — filed 2026-07-28
- Portfolio holdings (N-PORT) — filed 2026-04-27
- Portfolio holdings (N-PORT) — filed 2026-01-27
- Annual census (N-CEN) — filed 2026-08-12
- Annual census (N-CEN) — filed 2025-08-13
Related Funds
Other Long Securitized (MBS/ABS/CMBS) Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.