1. A computer program product for executing an instruction, the computer program product comprising: a storage medium readable by a processing circuit and storing instructions for performing a method comprising: obtaining a perform frame management function (PFMF) instruction; and executing, by a pageable guest, the obtained PFMF instruction, the executing comprising: performing, absent host intervention, a frame management operation on a guest frame, the guest frame being non-resident in host memory, and the frame management operation being determined based on a control of a plurality of controls associated with the PFMF instruction to be used in frame management.