T. Rowe Price New Income’s process and tools are in place for success here and the addition of a comanager in May 2023 should help, but this fund hasn’t parlayed its experienced investment teams into consistent performance.
T. Rowe Price New Income PRCIX
- NAV / 1-Day Return 7.74 / −0.37 %
- Total Assets 16.4 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.440%
- Distribution Fee Level Below Average
- Share Class Type No Load
- Category Intermediate Core Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 4.04%
- Effective Duration 6.09 years
USD | NAV as of Apr 16, 2024 | 1-Day Return as of Apr 16, 2024, 10:15 PM GMT+0
Morningstar’s Analysis PRCIX
Will PRCIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 21.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Notes 5% | 4.40 | 740.9 Mil | Government |
Trp Government Reserve | 3.91 | 657.8 Mil | Cash and Equivalents |
United States Treasury Notes 1% | 3.72 | 625.6 Mil | Government |
United States Treasury Bonds 3% | 2.25 | 379.5 Mil | Government |
United States Treasury Notes 5% | 2.11 | 354.7 Mil | Government |
United States Treasury Bonds 4% | 1.73 | 291.9 Mil | Government |
United States Treasury Notes 2% | 1.69 | 284.9 Mil | Government |
United States Treasury Bonds 4% | 1.60 | 268.7 Mil | Government |
United States Treasury Notes 5% | 1.50 | 251.9 Mil | Government |
United States Treasury Bonds 4% | 1.41 | 238.1 Mil | Government |