0000779785-23-000035.txt : 20230811 0000779785-23-000035.hdr.sgml : 20230811 20230811134140 ACCESSION NUMBER: 0000779785-23-000035 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230531 FILED AS OF DATE: 20230811 DATE AS OF CHANGE: 20230811 EFFECTIVENESS DATE: 20230811 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price GNMA Fund, Inc. CENTRAL INDEX KEY: 0000779785 IRS NUMBER: 521426953 STATE OF INCORPORATION: MD FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-04441 FILM NUMBER: 231162957 BUSINESS ADDRESS: STREET 1: 100 EAST PRATT STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 410-345-2000 MAIL ADDRESS: STREET 1: 100 EAST PRATT STREET CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: T. Rowe Price GNMA Fund DATE OF NAME CHANGE: 20051028 FORMER COMPANY: FORMER CONFORMED NAME: PRICE T ROWE GNMA FUND DATE OF NAME CHANGE: 19920703 0000779785 S000002131 T. Rowe Price GNMA Fund C000005523 T. Rowe Price GNMA Fund PRGMX C000190558 T. Rowe Price GNMA Fund-I Class PRXAX C000225814 T. Rowe Price GNMA Fund-Z Class TRZGX N-CEN 1 primary_doc.xml X0404 N-CEN LIVE 0000779785 XXXXXXXX false false N-1A S000002131 C000005523 C000190558 C000225814 T. ROWE PRICE GNMA FUND, INC. 811-04441 0000779785 549300VU0FLX6JZM3D24 100 East Pratt Street Baltimore 21202 US-MD US 410-345-2000 JPMorgan Chase Bank London Woolgate House, Coleman Street London GB EC2P 2HD 0 44 20 7742 4000 Records related to the custody of Registrant s portfolio securities which are purchased outside the United States. State Street Corporation 1776 Heritage Drive Quincy 02171 617-786-3000 Custodian records for the Registrant. T. ROWE PRICE GNMA FUND, INC. 100 East Pratt Street Baltimore 21202 410-345-2000 All accounts, books, and other documents required to be maintained by the Registrant under Section 31(a) of the Investment Company Act of 1940 and the rules thereunder. T. Rowe Price Services, Inc. 100 East Pratt Street Baltimore 21202 410-345-2000 Transfer, dividend disbursing, and shareholder service records The Bank of New York Mellon 103 Bellevue Parkway Wilmington 19809 1-800-441-9800 Fund accounting records N N N-1A 1 Y Bruce W. Duncan N/A N David Oestreicher 004594569 Y Eric L. Veiel 003269676 Y Kellye L. Walker N/A N Paul F. McBride N/A N Robert J. Gerrard, Jr. N/A N Teresa Bryce Bazemore N/A N Armando Capasso 007152939 100 East Pratt Street Baltimore 21202 XXXXXX N N N N N N T. Rowe Price Investment Services, Inc. 008-25130 000008348 N/A Y N PricewaterhouseCoopers LLP 238 5493002GVO7EO8RNNS37 N N N N N N N T. Rowe Price GNMA Fund, Inc. S000002131 JNJSU5UUMBJ4UKRO2C43 N 3 0 0 N/A N N Y N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Revenue sharing split Other Rebate 0.00 13647.00 Rule 12d1-1 (17 CFR 270.12d1-1) Rule 32a-4 (17 CFR 270.32a-4) Rule 12d1-4 (17 CFR 270.12d1-4) Rule 18f-4 (17 CFR 270.18f-4) Rule 18f-4(f)(17 CFR 270.18f-4(f)) Y Y Y N T. Rowe Price Associates, Inc. 801-00856 000105496 7HTL8AEQSEDX602FBU63 N T. Rowe Price Retirement Plan Services, Inc. 084-01917 N/A Y Y T. Rowe Price Services, Inc. 084-01079 N/A Y N N Bloomberg Finance L.P. 5493001KJTIIGC8Y1R12 N ICE Data Services 13-3668779 Tax ID Number N Markit North America, Inc. N/A N Refinitiv US Holdings Inc. 549300NF240HXJO7N016 N N JPMorgan Chase Bank, London 7H6GLXDRUGQFU57RNE97 GB N N Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N T. Rowe Price Retirement Plan Services, Inc. N/A N/A Y Y T. Rowe Price Services, Inc. N/A N/A Y N N T. Rowe Price Associates, Inc. 7HTL8AEQSEDX602FBU63 N/A Y N N T. Rowe Price Investment Services, Inc. 008-25130 000008348 N/A 0.00 Citigroup Inc. N/A N/A 6SHGI4ZSSLCXXQSBB395 9080.00 GOLDMAN SACHS & CO. LLC 008-00129 000000361 FOR8UP27PHTHYVLBNG30 5763.00 J.P. MORGAN SECURITIES LLC 008-35008 000000079 ZBUT11V806EZRVTWT807 9155.00 MORGAN STANLEY & CO. LLC 008-15869 000008209 9R7GPTSO7KV3UQJZQ078 14778.00 38776.00 BARCLAYS CAPITAL INC. 008-41342 000019714 AC28XWWI3WIBK2824319 575987453.00 BNP PARIBAS N/A N/A R0MUWSFPU8MPRO8K5P83 FR 204341988.00 BOFA SECURITIES, INC. 008-69787 000283942 549300HN4UKV1E2R3U73 778733611.00 CREDIT SUISSE SECURITIES (USA) LLC 008-00422 000000816 1V8Y6QCX6YMJ2OELII46 143078416.00 Citigroup Inc. N/A N/A 6SHGI4ZSSLCXXQSBB395 3041219516.00 GOLDMAN SACHS & CO. LLC 008-00129 000000361 FOR8UP27PHTHYVLBNG30 3330964954.00 J.P. MORGAN SECURITIES LLC 008-35008 000000079 ZBUT11V806EZRVTWT807 3188609870.00 MORGAN STANLEY & CO. LLC 008-15869 000008209 9R7GPTSO7KV3UQJZQ078 2336180580.00 Nomura International PLC N/A N/A DGQCSV2PHVF7I2743539 GB 279214930.00 WELLS FARGO SECURITIES, LLC 008-65876 000126292 VYVVCKR63DVZZN70PB21 2660757732.00 16777386713.00 N 982397588.00 N N N N true INTERNAL CONTROL RPT 2 g1aiii_trp_gnma.htm

 

 

Report of Independent Registered Public Accounting Firm

 

To the Board of Directors and Shareholders of T. Rowe Price GNMA Fund, Inc.

 

In planning and performing our audit of the financial statements of T. Rowe Price GNMA Fund, Inc. (the “Fund”) as of and for the year ended May 31, 2023, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Fund’s internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Fund’s internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the Fund’s internal control over financial reporting.

 

The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company’s assets that could have a material effect on the financial statements.

 

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

 

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company’s annual or interim financial statements will not be prevented or detected on a timely basis.

 

PricewaterhouseCoopers LLP, 100 East Pratt Street, Suite 2600, Baltimore, Maryland 21202-1096

T: 410 783 7600, www.pwc.com/us

 

 

 

 

 

Our consideration of the Fund’s internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control over financial reporting that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Fund’s internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be material weaknesses as defined above as of May 31, 2023.

 

This report is intended solely for the information and use of the Board of Directors of T. Rowe Price GNMA Fund, Inc. and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

 

/s/ PricewaterhouseCoopers LLP

 

Baltimore, Maryland

July 20, 2023

 

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