T. Rowe Price New Income Fund (PRCIX)
| 9.76 Net Asset Value | +0.41% 1 Day | +1.88% Year-to-Date | Overall Morningstar Rating |
| Intermediate-term bond Style or Category | No Load Sales Expenses | 0.63% Expense Ratio | Average 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 other securities, including, on occasion, equities.
Performance
| 1 month | +2.27% | 3 years | +3.51% | |
| 3 months | +2.67% | 5 years | +4.63% | |
| 1 year | +6.86% | Since inception | +7.32% |
Data through --
Peer Comparisonvs. Intermediate-term bond
| PRCIX | Category | |
|---|---|---|
| Performance 5-yr return | +4.63% | +4.78% |
| Expense ratio | 0.63% | 0.88% |
| Risk 5 year sharpe ratio | 1.58 | 1.63 |
| Net assets | $28.2B | $3.4B |
| Average market cap | $16.1B | -- |
| Average P/E | -- | -- |
| Portfolio turnover | 121% | 121% |
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Fund Management and Purchase Info
| Fund family | T. Rowe Price |
| Fund manager & tenure | Daniel Shackelford / 12 Years |
| Minimal initial investment | $2,500.00 |
| Minimum IRA investment | $2,500.00 |
Holdings
| Fixed income | 88.78% |
| Cash | 11.08% |
| Other | 0.11% |
| U.S. stock | 0.03% |
| International stock | 0.01% |
Top 5 SectorsPortfolio weighting
| Consumer goods | 39.27% |
| Telecommunication | 22.94% |
| Financial service | 21.78% |
| Consumer service | 8.25% |
| Energy | 7.76% |
Top 10 HoldingsPortfolio weighting
| -- US Treasury Note 1.25% | 3.35% |
| -- US Treasury Note 0.625% | 2.64% |
| -- US Treasury Note 0.875% | 2.50% |
| -- US Treasury Bond 3.125% | 2.23% |
| TRHYX T. Rowe Price Instl High Yield | 1.80% |
| -- US TREASURY TIP | 1.75% |
| -- Fed Natl Mort Assc 3% | 1.72% |
| -- US Treasury Note 2% | 1.59% |
| -- US Treasury Note 2.625% | 1.19% |
| -- US Treasury Note 0.5% | 1.12% |
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