1. A computer program product for facilitating management of frames within a computing environment that supports pageable guests, said computer program product comprising: a non-transitory storage medium readable by a processing circuit and storing instructions for execution by the processing circuit for performing a method comprising: responsive to an event, determining a usage intent characteristic for a guest frame to be cleared, said guest frame not resident in host memory, and wherein the event comprises initiating execution of a perform frame management function instruction, the perform frame management function instruction issued by a pageable guest executing within the computing environment and specifying a clear operation and a usage indicator that specifies the usage intent characteristic for the guest frame; and performing the clear operation absent host intervention, said performing being based on the determined usage intent characteristic.