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Trending ETFs

Name

As of 03/15/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$11.20

$5.72 B

4.07%

$0.46

0.62%

Vitals

YTD Return

-0.2%

1 yr return

6.6%

3 Yr Avg Return

-0.4%

5 Yr Avg Return

2.3%

Net Assets

$5.72 B

Holdings in Top 10

82.0%

52 WEEK LOW AND HIGH

$11.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.62%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 15.10%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/15/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$11.20

$5.72 B

4.07%

$0.46

0.62%

RPSIX - Profile

Distributions

  • YTD Total Return -0.2%
  • 3 Yr Annualized Total Return -0.4%
  • 5 Yr Annualized Total Return 2.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.52%
DIVIDENDS
  • Dividend Yield 4.1%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    T. Rowe Price Spectrum Income Fund
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    Jun 29, 1990
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Charles Shriver

Fund Description

The fund broadly diversifies its assets among a set of T. Rowe Price mutual funds representing

specific market segments. The fund, which normally invests in a variety of U.S. and international bond funds, including emerging market bond funds, a money market fund, and an income-oriented stock fund, seeks to maintain broad exposure to several markets in an attempt to reduce the impact of markets that are declining and to benefit from strong performance in particular market segments over time.

The fund invests in funds holding high-quality U.S. and international bonds, high-yield bonds (“junk” bonds), short- and long-term securities, inflation-linked securities, dividend-paying stocks and other instruments (such as bank loans). In addition, the fund may invest in individual securities on a limited basis.

Within the ranges shown in the following table, the portfolio managers decide how much of the fund’s assets to allocate to particular underlying funds based on the outlook for, and on the relative valuations of, the underlying funds and the various markets and asset classes in which they invest.

Asset Allocation Ranges for Underlying Funds

Spectrum Income Fund

Investment Range

Corporate Income

0%-10

%

Dynamic Global Bond

0%-10

%

Emerging Markets Bond

0%-20

%

Emerging Markets Local Currency Bond

0%-10

%

Equity Income

5%-25

%

Floating Rate

0%-10

%

GNMA

5%-20

%

High Yield

5%-25

%

Inflation Protected Bond

0%-10

%

International Bond

0%-15

%

International Bond (USD Hedged)

0%-20

%

Limited Duration Inflation Focused Bond

0%-10

%

New Income

10%-30

%

Short-Term Bond

0%-15

%

U.S. Treasury Intermediate Index

0%-10

%

U.S. Treasury Long-Term Index

0%-15

%

U.S. Treasury Money

0%-25

%

Ultra Short-Term Bond

0%-10

%

The fund may sell shares of the underlying funds for a variety of reasons, including to realize gains, limit losses, or redeploy assets into more promising opportunities.

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RPSIX - Performance

Return Ranking - Trailing

Period RPSIX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.2% -7.9% 5.3% 81.65%
1 Yr 6.6% -9.3% 25.5% 54.74%
3 Yr -0.4%* -16.8% 18.0% 63.12%
5 Yr 2.3%* -12.9% 14.7% 46.64%
10 Yr 2.7%* -13.4% 6.6% 34.34%

* Annualized

Return Ranking - Calendar

Period RPSIX Return Category Return Low Category Return High Rank in Category (%)
2023 3.3% -12.0% 15.7% 40.31%
2022 -14.7% -31.8% 18.4% 67.29%
2021 -1.3% -26.6% 25.7% 45.07%
2020 2.1% -49.2% 18.7% 46.49%
2019 7.3% -35.1% 15.3% 16.67%

Total Return Ranking - Trailing

Period RPSIX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.2% -7.9% 5.3% 81.65%
1 Yr 6.6% -9.3% 25.5% 54.74%
3 Yr -0.4%* -16.8% 18.0% 63.12%
5 Yr 2.3%* -12.9% 14.7% 46.64%
10 Yr 2.7%* -13.4% 6.6% 34.34%

* Annualized

Total Return Ranking - Calendar

Period RPSIX Return Category Return Low Category Return High Rank in Category (%)
2023 7.9% -7.0% 22.2% 50.38%
2022 -10.6% -31.8% 21.1% 63.22%
2021 2.6% -13.5% 49.9% 41.03%
2020 6.1% -28.6% 24.1% 45.44%
2019 11.7% -4.8% 19.1% 19.70%

NAV & Total Return History


RPSIX - Holdings

Concentration Analysis

RPSIX Category Low Category High RPSIX % Rank
Net Assets 5.72 B 2.32 M 127 B 11.88%
Number of Holdings 17 2 10577 94.11%
Net Assets in Top 10 4.87 B -1.57 B 65.8 B 3.78%
Weighting of Top 10 82.01% 0.7% 170.6% 10.29%

Top 10 Holdings

  1. T ROWE PRICE HIGH YIELD FUND INC 14.79%
  2. T ROWE PRICE NEW INCOME FUND INC 13.51%
  3. T ROWE PRICE GNMA FUND 10.61%
  4. T ROWE PRICE EQUITY INCOME FUND 10.07%
  5. T ROWE PRICE EMERGING MARKETS BOND FUND 7.95%
  6. T ROWE PRICE FLOATING RATE FUND 5.65%
  7. T ROWE PRICE US TREASURY LONG-TERM FUND 5.10%
  8. T ROWE PRICE SHORT-TERM BOND FUND INC 4.91%
  9. T ROWE PRICE DYNAMIC GLOBAL BOND FUND 4.76%
  10. T ROWE PRICE INTERNATIONAL BOND FUND 4.66%

Asset Allocation

Weighting Return Low Return High RPSIX % Rank
Stocks
99.44% -1.60% 99.88% 1.66%
Convertible Bonds
0.85% 0.00% 33.50% 59.07%
Cash
0.64% -94.66% 258.91% 84.14%
Preferred Stocks
0.00% 0.00% 30.46% 66.01%
Other
0.00% -72.32% 100.00% 74.47%
Bonds
0.00% -150.81% 203.29% 93.96%

Stock Sector Breakdown

Weighting Return Low Return High RPSIX % Rank
Financial Services
22.44% 0.00% 100.00% 27.02%
Healthcare
16.63% 0.00% 18.60% 3.34%
Industrials
10.63% 0.00% 100.00% 20.06%
Utilities
10.30% 0.00% 100.00% 15.88%
Technology
9.28% 0.00% 28.30% 20.61%
Consumer Defense
6.88% 0.00% 99.97% 15.04%
Energy
5.42% 0.00% 100.00% 55.99%
Consumer Cyclical
5.14% 0.00% 89.95% 22.84%
Communication Services
4.90% 0.00% 100.00% 29.53%
Real Estate
4.59% 0.00% 100.00% 24.51%
Basic Materials
3.78% 0.00% 100.00% 22.28%

Stock Geographic Breakdown

Weighting Return Low Return High RPSIX % Rank
US
99.44% -1.47% 99.88% 1.66%
Non US
0.00% -0.13% 17.73% 52.57%

RPSIX - Expenses

Operational Fees

RPSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.62% 0.01% 20.67% 89.46%
Management Fee 0.62% 0.00% 2.29% 55.32%
12b-1 Fee N/A 0.00% 1.00% 5.58%
Administrative Fee N/A 0.00% 0.70% 66.46%

Sales Fees

RPSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

RPSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

RPSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 15.10% 0.00% 632.00% 4.55%

RPSIX - Distributions

Dividend Yield Analysis

RPSIX Category Low Category High RPSIX % Rank
Dividend Yield 4.07% 0.00% 21.79% 63.92%

Dividend Distribution Analysis

RPSIX Category Low Category High Category Mod
Dividend Distribution Frequency None Quarterly Monthly Quarterly

Net Income Ratio Analysis

RPSIX Category Low Category High RPSIX % Rank
Net Income Ratio 2.52% -1.55% 11.51% 65.80%

Capital Gain Distribution Analysis

RPSIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

RPSIX - Fund Manager Analysis

Managers

Charles Shriver


Start Date

Tenure

Tenure Rank

May 01, 2011

11.09

11.1%

Charles M. Shriver is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price Associates, Inc. He is a portfolio manager for several asset allocation portfolios within the Asset Allocation Group. He is the president of the Global Allocation, Balanced, Spectrum, and Personal Strategy Funds and chairman of their Investment Advisory Committees. Charles is also a member of the Investment Advisory Committee for the Real Assets Fund. He is cochair of the Asset Allocation Committee and has been with the firm since 1991. Charles earned a BA in economics and rhetoric/communications studies from the University of Virginia, an MSF in finance from Loyola University Maryland, and a graduate diploma in public economics from Stockholm University. He has earned the Chartered Financial Analyst designation.

Toby Thompson


Start Date

Tenure

Tenure Rank

Mar 01, 2020

2.25

2.3%

Toby Thompson is a portfolio manager within the Multi-Asset Division. Mr. Thompson is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price Associates, Inc. Mr. Thompson earned a B.S. in business and economics from Towson University and an MBA in finance from Loyola University Maryland. He has earned the Chartered Financial Analyst and Chartered Alternative Investment Analyst designations.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 28.19 5.72 3.19