0001752724-19-090411.txt : 20190806 0001752724-19-090411.hdr.sgml : 20190806 20190806123559 ACCESSION NUMBER: 0001752724-19-090411 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190531 FILED AS OF DATE: 20190806 DATE AS OF CHANGE: 20190806 EFFECTIVENESS DATE: 20190806 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: 191001176 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 N-CEN 1 primary_doc.xml X0201 N-CEN LIVE 0000779785 XXXXXXXX 811-04441 false false false N-1A true T. ROWE PRICE GNMA FUND, INC. 811-04441 0000779785 549300VU0FLX6JZM3D24 100 East Pratt Street Baltimore 21202 US-MD US 410-345-2000 The Bank of New York Mellon 103 Bellevue Parkway Wilmington 19809 800-441-9800 Fund accounting records. T. Rowe Price Services, Inc. 4525 Painters Mill Road Owings Mills 21117 410-345-2000 Transfer, dividend disbursing, and shareholder service records. 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. State Street Corporation 1776 Heritage Drive Quincy 02171 617-786-3000 Custodian records for the Registrant. 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. Y N N-1A 1 Y Paul F. McBride N/A N Robert J. Gerrard, Jr. N/A N Ronald J. Daniels N/A N Robert W. Sharps N/A Y Cecilia E. Rouse N/A N Teresa Bryce Bazemore N/A N David Oestreicher 004594569 Y John G. Schreiber N/A N Bruce W. Duncan N/A N John R. Gilner 001909214 100 East Pratt Street Baltimore 21202 XXXXXX N N N N N T. Rowe Price Investment Services, Inc. 008-25130 000008348 N/A Y N PricewaterhouseCoopers LLP 238 N/A N N N N N N N T. Rowe Price GNMA Fund, Inc. S000002131 JNJSU5UUMBJ4UKRO2C43 Y 2 0 0 N/A N N Y N N/A N/A N/A Rule 32a-4 (17 CFR 270.32a-4) Y N N Y T. Rowe Price Associates, Inc. 801-00856 000105496 7HTL8AEQSEDX602FBU63 N T. Rowe Price Services, Inc. 084-01079 N/A Y N T. Rowe Price Retirement Plan Services, Inc. 084-01917 N/A Y Y N Bloomberg Finance L.P. 5493001KJTIIGC8Y1R12 N ICE Data Services N/A N Refinitiv 549300561UZND4C7B569 N Markit North America, Inc. N/A 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 Y Y T. Rowe Price Services, Inc. N/A Y N N T. Rowe Price Associates, Inc. 7HTL8AEQSEDX602FBU63 Y N N T. Rowe Price Investment Services, Inc. 008-25130 000008348 N/A 0.00000000 The Goldman Sachs Group, Inc. N/A N/A 784F5XWPLTWKTBV3E584 23089.00000000 JP MORGAN CHASE & CO. N/A N/A 8I5DZWZKVSZI1NUHU748 15357.00000000 Citigroup, Inc. N/A N/A 6SHGI4ZSSLCXXQSBB395 4231.00000000 Morgan Stanley N/A N/A IGJSJL3JD5P30I6NJZ34 6792.00000000 49469.00000000 BNP PARIBAS N/A N/A R0MUWSFPU8MPRO8K5P83 FR 171940166.00000000 The Goldman Sachs Group, Inc. N/A N/A 784F5XWPLTWKTBV3E584 3251347888.00000000 Wells Fargo & Company N/A N/A PBLD0EJDB5FWOLXP3B76 614650153.00000000 Bank of America Corporation N/A N/A 9DJT3UXIJIZJI4WXO774 3005971357.00000000 BARCLAYS PLC N/A N/A 213800LBQA1Y9L22JB70 GB 344484939.00000000 Citigroup Inc. N/A N/A 6SHGI4ZSSLCXXQSBB395 834956775.00000000 JP MORGAN CHASE & CO. N/A N/A 8I5DZWZKVSZI1NUHU748 1928889167.00000000 Nomura Holdings, Inc. N/A N/A 549300B3CEAHYG7K8164 JP 1977420959.00000000 Morgan Stanley N/A N/A IGJSJL3JD5P30I6NJZ34 2453129301.00000000 Credit Suisse Group AG N/A N/A 549300506SI9CRFV9Z86 CH 578294742.00000000 15566207813.00000000 N 1289407274.00000000 0.00000000 N N N N false false true false false false INTERNAL CONTROL RPT 2 g1aiii_trp_gnma.htm HTML

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, 2019, 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, Suite 2700, Baltimore, Maryland 21202-1096

   T: 410 783 7600; F: 410 783 7680, 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, 2019.

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 19, 2019

 

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