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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.71

$21.1 B

1.07%

$0.10

0.74%

Vitals

YTD Return

-2.0%

1 yr return

0.8%

3 Yr Avg Return

4.8%

5 Yr Avg Return

2.5%

Net Assets

$21.1 B

Holdings in Top 10

50.3%

52 WEEK LOW AND HIGH

$9.7
$9.60
$9.97

Expenses

OPERATING FEES

Expense Ratio 0.74%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 126.40%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Intermediate Core-Plus Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.71

$21.1 B

1.07%

$0.10

0.74%

PANIX - Profile

Distributions

  • YTD Total Return -2.0%
  • 3 Yr Annualized Total Return 4.8%
  • 5 Yr Annualized Total Return 2.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.62%
DIVIDENDS
  • Dividend Yield 1.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    T. Rowe Price New Income Fund
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    Sep 30, 2002
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Stephen Bartolini

Fund Description

The fund will invest at least 80% of its net assets in income-producing securities, which may include, but are not limited to, U.S. government and agency obligations, mortgage- and asset-backed securities (including commercial mortgage- backed securities), corporate bonds, foreign bonds, and Treasury inflation protected securities.


PANIX - Performance

Return Ranking - Trailing

Period PANIX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.0% -83.6% 1363.3% 19.08%
1 Yr 0.8% -9.5% 15.6% 45.31%
3 Yr 4.8%* 0.1% 10.6% 83.82%
5 Yr 2.5%* 0.6% 7.3% 86.58%
10 Yr 2.8%* 0.8% 9.0% 82.85%

* Annualized

Return Ranking - Calendar

Period PANIX Return Category Return Low Category Return High Rank in Category (%)
2020 2.3% -82.5% 1027.9% 80.37%
2019 6.1% -20.8% 23.0% 31.38%
2018 -3.6% -11.4% 2.7% 60.04%
2017 1.3% -49.5% 12.4% 52.05%
2016 0.1% -49.3% 192.8% 62.02%

Total Return Ranking - Trailing

Period PANIX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.0% -83.6% 94.1% 19.17%
1 Yr 0.8% -12.2% 15.6% 35.15%
3 Yr 4.8%* -0.9% 10.3% 73.95%
5 Yr 2.5%* 0.6% 7.3% 79.83%
10 Yr 2.8%* 0.8% 9.0% 79.91%

* Annualized

Total Return Ranking - Calendar

Period PANIX Return Category Return Low Category Return High Rank in Category (%)
2020 2.3% -82.5% 1027.9% 80.37%
2019 6.1% -20.8% 23.0% 31.98%
2018 -3.6% -11.4% 3.9% 65.07%
2017 1.3% -6.0% 12.4% 61.64%
2016 0.1% -7.0% 204.3% 74.94%

NAV & Total Return History


PANIX - Holdings

Concentration Analysis

PANIX Category Low Category High PANIX % Rank
Net Assets 21.1 B 3.2 M 316 B 10.18%
Number of Holdings 1331 1 18663 25.20%
Net Assets in Top 10 7.24 B -1.01 B 45.4 B 7.01%
Weighting of Top 10 50.29% 3.8% 100.0% 16.16%

Top 10 Holdings

  1. T. Rowe Price Gov. Reserve 12.24%
  2. 2 Year Treasury Note Future June 21 12.04%
  3. 2 Year Treasury Note Future June 21 12.04%
  4. 2 Year Treasury Note Future June 21 12.04%
  5. 2 Year Treasury Note Future June 21 12.04%
  6. 2 Year Treasury Note Future June 21 12.04%
  7. 2 Year Treasury Note Future June 21 12.04%
  8. 2 Year Treasury Note Future June 21 12.04%
  9. 2 Year Treasury Note Future June 21 12.04%
  10. 2 Year Treasury Note Future June 21 12.04%

Asset Allocation

Weighting Return Low Return High PANIX % Rank
Bonds
104.44% -37.84% 176.88% 9.28%
Convertible Bonds
1.17% 0.00% 20.85% 56.95%
Stocks
0.22% -1.05% 24.74% 13.19%
Preferred Stocks
0.08% 0.00% 79.44% 30.16%
Other
0.00% -16.29% 16.29% 23.67%
Cash
-5.91% -86.81% 152.67% 91.59%

Stock Sector Breakdown

Weighting Return Low Return High PANIX % Rank
Technology
42.46% 0.00% 42.46% 0.32%
Communication Services
19.04% 0.00% 100.00% 10.97%
Consumer Cyclical
16.07% 0.00% 100.00% 4.52%
Healthcare
6.47% 0.00% 100.00% 11.29%
Utilities
5.75% 0.00% 100.00% 15.16%
Consumer Defense
4.36% 0.00% 99.65% 10.32%
Industrials
3.36% 0.00% 58.73% 20.97%
Financial Services
2.05% 0.00% 100.00% 35.81%
Basic Materials
0.43% 0.00% 100.00% 20.00%
Real Estate
0.00% 0.00% 100.00% 24.52%
Energy
0.00% 0.00% 100.00% 57.74%

Stock Geographic Breakdown

Weighting Return Low Return High PANIX % Rank
US
0.21% -1.05% 24.47% 13.71%
Non US
0.01% 0.00% 3.29% 5.76%

Bond Sector Breakdown

Weighting Return Low Return High PANIX % Rank
Government
33.52% 0.00% 79.70% 28.70%
Securitized
29.59% 0.00% 99.35% 42.78%
Corporate
26.84% 0.00% 100.00% 63.62%
Cash & Equivalents
9.99% 0.00% 100.00% 26.87%
Derivative
0.06% 0.00% 19.95% 26.51%
Municipal
0.00% 0.00% 100.00% 75.87%

Bond Geographic Breakdown

Weighting Return Low Return High PANIX % Rank
US
91.88% -38.26% 245.19% 19.01%
Non US
12.56% -108.35% 38.91% 39.76%

PANIX - Expenses

Operational Fees

PANIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.74% 0.01% 2.91% 36.00%
Management Fee 0.31% 0.00% 0.95% 33.83%
12b-1 Fee 0.25% 0.00% 1.00% 26.78%
Administrative Fee 0.15% 0.01% 0.50% 70.05%

Sales Fees

PANIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

PANIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

PANIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 126.40% 6.00% 496.00% 54.08%

PANIX - Distributions

Dividend Yield Analysis

PANIX Category Low Category High PANIX % Rank
Dividend Yield 1.07% 0.00% 3.29% 17.86%

Dividend Distribution Analysis

PANIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Semi-Annually Monthly Monthly

Net Income Ratio Analysis

PANIX Category Low Category High PANIX % Rank
Net Income Ratio 1.62% -0.80% 8.97% 73.10%

Capital Gain Distribution Analysis

PANIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Monthly

Dividend Payout History

View More +

PANIX - Fund Manager Analysis

Managers

Stephen Bartolini


Start Date

Tenure

Tenure Rank

Jan 31, 2018

3.67

3.7%

Steve Bartolini has served as cochairman of the Investment Advisory Committee since January 2018 and became sole chairman in December 2018 at T. Rowe Price Associates, Inc. He joined the Firm in 2010 and his investment experience dates from 2000. During the past several years, he has served as a portfolio manager (beginning in 2016) and, prior to that, as an associate portfolio manager of the U.S. Inflation Protected Bond and U.S. Short-Term Inflation Focused Bond strategies, a member of the fixed income division’s Global Interest Rates and Currencies Strategy team, and a fixed income trader. Before joining T. Rowe Price in 2010, he spent nine years at Fannie Mae in the capital markets area, where he worked as director of portfolio management, senior trader, and analyst. He earned a B.S. in economics from George Washington University and an M.B.A. in finance from the University of Maryland, Robert H. Smith School of Business. Steve also has earned the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 32.76 6.59 0.5