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 04/30/2015
Beta 1.02
0.94
Standard Deviation 2.98
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 04/30/2015
5.20 years
Weighted Avg. Maturity
as of 05/19/2015
7.57 years
10 Largest Holdings
Represents 20.11 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
FNMA 30 YR TBA MAY 3.500 08/17/2020
GNMA II TBA MAY 3.000 04/24/2020
TIPS .625 01/15/2024
TRP INST HIGH YIELD FUND
US TREASURY N/B 1.250 10/31/2018
US TREASURY N/B 3.125 02/15/2043
US TREASURY N/B 3.000 11/15/2044
US TREASURY N/B .875 02/28/2017
US TREASURY N/B 2.625 04/30/2016
US TREASURY N/B .625 11/30/2017
As of 03/31/2015 the New Income Fund had a total of 1696 holdings.
Bond Maturity Diversification2
  as of 04/30/2015
% of Total Net Assets
0 - 1 YRS 4.0%
1 - 5 YRS 45.7%
5 - 10 YRS 36.1%
10 + YRS 14.2%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 04/30/2015
% of Total Net Assets
Mortgage 30.3%
Corporate 25.1%
U.S. Treasury 16.2%
ASSET-BACKED SECURITIES (ABS) 8.2%
COMMERCIAL MORTGAGE-BACKED SECURITIES (CMBS) 6.5%
Government Related 5.0%
High Yield 4.3%
TREASURY INFLATION-PROTECTED SECURITIES 2.5%
Non-US$ Denominated 1.3%
Cash Equivalent 0.6%
See Glossary for additional details on all data elements.