T. Rowe Price New Income Fund (PRCIX)
Ticker Symbol:
PRCIX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Composition
View the Complete Portfolio of Investments
Asset Allocation
as of 03/31/2013
Volatility and Other Measures
as of 04/30/2013
Beta 0.86
R² 0.83
Standard Deviation 2.26
Credit Quality Diversification1
as of 03/31/2013
% of Total Net Assets
AAA 5.9%
AA 6.4%
A 8.9%
BBB 21.4%
BB 1.4%
B 3.7%
CCC 0.7%
NOT RATED 0.0%
RESERVES 1.5%
US GOVERNMENT AGENCY SECURITIES 33.7%
US Treasury 16.5%
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. government agency securities are issued or guaranteed by a U.S. government agency, and may include conventional pass-through securities and collateralized mortgage obligations; unlike Treasuries, government agency securities are not issued directly by the U.S. government and are generally unrated but may have credit support from the U.S. Treasury (e.g., FHLMC and FNMA issues) or a direct government guarantee (e.g., GNMA issues). Therefore, this category may include rated and unrated securities.

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 04/30/2013
5.02 years
Weighted Avg. Maturity
as of 05/21/2013
7.72 years
10 Largest Holdings
Represents 19.24 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
FNMA 30 YR TBA MAY 3.500 08/16/2017
Federal National Mortgage Assn. 4.000 12/06/2015
Federal National Mortgage Assn. 4.500 04/10/2016
TRP INSTITUTIONAL FLOATING RATE FUND
TRP INSTITUTIONAL HIGH YIELD FUND
U.S. Treasury Inflation Indexed Bonds 2.000 07/15/2014
US TREASURY N/B .875 02/28/2017
US TREASURY N/B 4.625 02/15/2040
US TREASURY N/B .625 11/30/2017
US TREASURY N/B 2.625 04/30/2016
As of 03/31/2013 the New Income Fund had a total of 1702 holdings.
Bond Maturity Diversification2
  as of 04/30/2013
% of Total Net Assets
0 - 1 YRS 4.6%
1 - 5 YRS 47.5%
5 - 10 YRS 30.9%
10 + YRS 17.0%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 04/30/2013
% of Total Net Assets
Mortgage 33.2%
Corporate 24.7%
U.S. Treasury 13.6%
Government Related 5.3%
COMMERCIAL MORTGAGE-BACKED SECURITIES (CMBS) 4.9%
High Yield 4.3%
U.S. Municipal 4.0%
ASSET-BACKED SECURITIES (ABS) 3.9%
Non-US$ Denominated 2.5%
Cash Equivalent 2.2%
See Glossary for additional details on all data elements.