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T. Rowe Price New Income PRCIX

Analyst rating as of
NAV / 1-Day Return
9.91  /  0.11 %
Total Assets
21.4 Bil
Adj. Expense Ratio
0.510%
Expense Ratio
0.510%
Fee Level
Below Average
Longest Manager Tenure
2.74 years
Category
US Fund Intermediate-Term Bond
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
2,500
Status
Open
TTM Yield
2.57%
Effective Duration
6.47 years
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Morningstar’s Analysis

Will PRCIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

It's been a bumpy road for the new manager.

Summary

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T. Rowe Price New Income has a well-resourced fixed-income platform, but more time is needed to determine if management can effectively leverage those resources, resulting in a Morningstar Analyst Rating of Neutral for all share classes.

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