Morningstar

T. Rowe Price Corporate Income Fund PRPIX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $7.61  /  +0.26 %
  • Fund Size $262.4M
  • Adjusted Expense Ratio 0.590%
  • Net Expense Ratio 0.590%
  • Fee Level: Distribution Above Average
  • Share Class Type No Load
  • Morningstar Category Corporate Bond
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 4.99%
  • Average Effective Duration 7.12 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis PRPIX

Will PRPIX outperform in the future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PRPIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PRPIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PRPIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

T. Rowe Price Corporate Income holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

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Portfolio Holdings PRPIX

More PRPIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

T. Rowe Price Gov. Reserve

2.87 8M
Cash and Equivalents

United States Treasury Bonds 5%

1.92 5M
Government

United States Treasury Notes 3.75%

1.49 4M
Government

Goldman Sachs Group, Inc. 2.615%

1.36 4M
Corporate

AT&T Inc 3.5%

1.22 3M
Corporate

Cash Offsets For Shorts & Derivatives

1.20 3M
Cash and Equivalents

Yara International ASA 7.378%

1.04 3M
Corporate

Harbour Energy PLC 6.327%

1.02 3M
Corporate

DP World Ltd. 5.25%

0.99 3M
Corporate

United States Treasury Bonds 4.75%

0.88 2M
Government

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