T. Rowe Price New Income Fund (PRCIX)

Build your portfolio with a diversified bond fund

Let our investment specialists explain why bonds can help you reduce investment risk. Call 800-401-4963.

Ticker Symbol:
PRCIX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Composition
Asset Allocation
as of 01/31/2016
Volatility and Other Measures
as of 01/31/2016
Beta 1.02
0.95
Standard Deviation 3.06
Credit Quality Diversification1
as of 01/31/2016
% of Total Net Assets
AAA 11.6%
AA 3.2%
A 11.0%
BBB 22.6%
BB 4.2%
B 3.0%
CCC 0.6%
CC 0.1%
D 0.1%
Not Rated 0.6%
Reserves 0.2%
US Government Agency Securities 28.4%
US Treasury 14.3%
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 01/31/2016
5.24 years
Weighted Avg. Maturity
as of 02/02/2016
7.88 years
10 Largest Holdings
Represents 13.31 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
FNMA 15 YR TBA FEB 3.000 03/22/2020
GNMA II TBA FEB 3.500 11/02/2019
TRP INST FLOATING RATE FUND
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 3.125 02/15/2043
US TREASURY N/B .625 11/30/2017
US TREASURY N/B .875 11/30/2017
US TREASURY N/B .875 02/28/2017
As of 01/31/2016 the New Income Fund had a total of 1647 holdings.
Bond Maturity Diversification2
  as of 01/31/2016
% of Total Net Assets
0 - 1 YRS 2.7%
1 - 5 YRS 40.9%
5 - 10 YRS 41.5%
10 + YRS 14.9%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 01/31/2016
% of Total Net Assets
Mortgage 31.3%
Corporate 27.0%
U.S. Treasury 12.8%
ASSET-BACKED SECURITIES (ABS) 9.0%
COMMERCIAL MORTGAGE-BACKED SECURITIES (CMBS) 8.3%
High Yield 5.7%
Government Related 3.4%
TREASURY INFLATION-PROTECTED SECURITIES 1.6%
Non-US$ Denominated 0.7%
Cash Equivalent 0.2%
Equity & Other 0.0%
See Glossary for additional details on all data elements.