T. Rowe Price New Income Fund (PRCIX)
Ticker Symbol:
PRCIX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Composition
Asset Allocation
as of 03/31/2015
Volatility and Other Measures
as of 05/31/2015
Beta 1.03
0.94
Standard Deviation 3.00
Credit Quality Diversification1
as of 03/31/2015
% of Total Net Assets
AAA 8.8%
AA 3.9%
A 9.2%
BBB 22.9%
BB 3.1%
B 2.9%
CCC 0.8%
CC 0.0%
D 0.1%
Not Rated 0.2%
Reserves 0.4%
US Government Agency Securities 27.5%
US Treasury 20.2%
1Sources: Moody's Investors Service; if Moody's does not rate a security, then Standard & Poor's (S&P) is used as a secondary source. When available, T. Rowe Price will use Fitch for securities that are not rated by Moody's or S&P.

U.S. Treasury securities are issued by the U.S. Treasury and are backed by the full faith and credit of the U.S. government. The ratings of U.S Treasury securities are derived from the ratings on the U.S. government.
Weighted Avg. Effective Duration
as of 05/31/2015
5.37 years
Weighted Avg. Maturity
as of 06/30/2015
8.93 years
10 Largest Holdings
Represents 19.84 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
FNMA 30 YR TBA JUN 3.500 01/29/2021
GNMA II TBA JUN 3.000 09/10/2020
TIPS .625 01/15/2024
TRP INST HIGH YIELD FUND
US TREASURY N/B 3.000 11/15/2044
US TREASURY N/B 1.250 10/31/2018
US TREASURY N/B 1.500 11/30/2019
US TREASURY N/B .625 11/30/2017
US TREASURY N/B .875 02/28/2017
US TREASURY N/B 3.125 02/15/2043
As of 05/31/2015 the New Income Fund had a total of 1685 holdings.
Bond Maturity Diversification2
  as of 05/31/2015
% of Total Net Assets
0 - 1 YRS 4.5%
1 - 5 YRS 42.4%
5 - 10 YRS 38.8%
10 + YRS 14.3%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 05/31/2015
% of Total Net Assets
Mortgage 29.9%
Corporate 24.8%
U.S. Treasury 16.5%
ASSET-BACKED SECURITIES (ABS) 8.4%
COMMERCIAL MORTGAGE-BACKED SECURITIES (CMBS) 6.5%
Government Related 4.8%
High Yield 4.2%
TREASURY INFLATION-PROTECTED SECURITIES 2.5%
Non-US$ Denominated 1.2%
Cash Equivalent 1.1%
See Glossary for additional details on all data elements.