1. A computer program product for executing an instruction, the computer program product comprising: a non-transitory computer readable storage medium readable by a processing circuit and storing instructions for execution by the processing circuit for performing a method comprising: executing, by a guest processor, a perform frame management function (PFMF) instruction, the PFMF instruction comprising an address for locating a guest frame and a usage indicator indicating a usage intent characteristic for the guest frame, the executing comprising: determining whether the guest frame is assigned to host memory; based on determining the guest frame is assigned to host memory, clearing the guest frame; and based on determining the guest frame is not assigned to host memory, performing one of generating a translation exception or logically clearing the guest frame.