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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                   FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY


 Investment Company Act file number:  811-3375





Federated GNMA Trust

(Exact name of registrant as specified in charter)


4000 Ericsson Drive
Warrendale, PA  15086-7561
(Address of principal executive offices)(Zip code)


John W. McGonigle, Esquire
Federated Investors, Inc.
Federated Investors Tower
1001 Liberty Avenue
Pittsburgh, PA  15222-3779
(Name and address of agent for service)


 Registrant's telephone number, including area code: 412-288-1900

 Date of reporting period:  7/1/2008 - 6/30/2009



ITEM 1.  PROXY VOTING RECORD.


FEDERATED GNMA TRUST

There were no matters relating to a portfolio security considered
at any shareholder meeting held during  the period covered by this
report and with respect to which the above-named fund was entitled
to vote.


                                   SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.



 (Registrant)		   Federated GNMA Trust


 By                        /s/J. Christopher Donahue
 (Signature and Title)*    J. Christopher Donahue
                           Principal Executive Officer

 Date:                     August 24, 2009

* Print the name and title of each signing officer under his or her signature.