T. Rowe Price New Income Fund (PRCIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Intermediate-term bond
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks the highest level of income consistent with the preservation of capital over time by investing primarily in marketable debt securities. The fund will invest at least 80% of its total assets in income-producing securities, which may include, but are not limited to, U.S. government and agency obligations, mortgage- and asset-backed securities, corporate bonds, foreign bonds, collateralized mortgage obligations, Treasury inflation protected securities, and others, including, on occasion, equities.


1 month-0.64% 3 years+3.08%
3 months+0.32% 5 years+4.57%
1 year+5.79% Since inception+7.37%
Data through --

Peer Comparisonvs. Intermediate-term bond

Performance 5-yr return+4.57%+6.02%
Expense ratio0.62%0.89%
Risk 5 year sharpe ratio1.681.73
Net assets$26.8B$3.5B
Average market cap$16.1B--
Average P/E----
Portfolio turnover121%121%

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Fund Management and Purchase Info

Fund familyT. Rowe Price
Fund manager & tenureDaniel Shackelford / 11 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00


Fixed income88.88%
U.S. stock0.02%
International stock0.01%
Top 5 Sectors
Portfolio weighting
Consumer goods 39.27%
Telecommunication 22.94%
Financial service 21.78%
Consumer service 8.25%
Energy 7.76%
Top 10 Holdings
Portfolio weighting
-- US Treasury Note 1.25%3.19%
-- US Treasury Note 0.875%2.95%
-- US Treasury Note 0.625%2.87%
-- US Treasury Bond 3.125%2.19%
TRHYX T. Rowe Price Instl High Yield1.32%
-- US Treasury Note 2.625%1.29%
-- Ginnie Mae Jumbos TBA 3.5% 2044-07-011.26%
-- US Treasury Note 0.5%1.21%
RPIFX T. Rowe Price Instl Floating Rate1.17%
-- FNMA0.93%

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