Morningstar

T. Rowe Price Spectrum Income Fund RPSIX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $10.96  /  +0.18 %
  • Fund Size $5.9B
  • Adjusted Expense Ratio 0.610%
  • Net Expense Ratio 0.530%
  • Fee Level: Distribution Below Average
  • Share Class Type No Load
  • Morningstar Category Multisector Bond
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 5.77%
  • Average Effective Duration 4.23 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis RPSIX

Will RPSIX 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 RPSIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RPSIX 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 RPSIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Resetting expectations.

Associate Director Elizabeth Foos

Elizabeth Foos

Associate Director

Summary

T. Rowe Price's seasoned multi-asset team and deep research resources remain strengths, but our confidence in the team's ability to generate a differentiated edge in this increasingly bondcentric mandate has waned. Combined with continued changes to the portfolio and several underlying strategies, this results in a downgrade of the People Pillar rating to Average from Above Average.

by Elizabeth Foos
Rated on Published on

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Portfolio Holdings RPSIX

More RPSIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 76.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

T. Rowe Price High Yield Z

13.16 781M
—

T. Rowe Price U.S. High Yield ETF

11.65 691M
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T. Rowe Price Floating Rate Z

9.81 582M
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T. Rowe Price QM US Bond ETF

8.58 509M
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T. Rowe Price Emerging Markets Bond Z

7.85 466M
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T. Rowe Price Total Return ETF

6.75 400M
—

T. Rowe Price Intl Bd (USD Hdgd) Z

5.53 328M
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T. Rowe Price Dynamic Global Bond Z

4.86 289M
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T. Rowe Price Dynamic Credit Z

4.81 286M
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T. Rowe Price Emerg Mkts Lcl Ccy Bd Z

3.50 208M
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