T. Rowe Price Spectrum Income Fund

The Spectrum Income Fund offers a highly diversified approach to income investing. This can help reduce risk because poor performance in one of the fund's investments can be offset by better performance in other areas. The fund's underlying holdings should provide the potential for a high level of current income and the potential for attractive long-term returns with moderate risk. The fund can serve as a bond fund core holding and can be used to diversify an equity portfolio.

Yield and share price will vary with interest rate changes. Investors should note that if interest rates rise significantly from current levels, bond fund total returns will decline and may even turn negative in the short term. There is also a chance that one of fund's holdings will have its credit rating downgraded or will default.