T. Rowe Price New Income Fund

 PRCIX Morningstar Analyst Rating
Benchmark Morningstar Category
Intermediate-Term Bond

Asset Allocation

 

PRCIX


Asset Distribution
 
  Type %
Net
%
Short
%
Long
Bench-
mark
Cat
Avg
As of 06/30/2017
Cash 5.21 0.00 5.21 0.00 0.87
US Stock 0.02 0.00 0.02 0.00 -0.04
Non US Stock 0.00 0.00 0.00 0.00 0.00
Bond 93.18 0.00 93.18 99.99 96.72
Other 1.59 0.00 1.59 0.01 2.45
 

Style Details

 

PRCIX

Fixed-Income Style
 
Fixed-Income Style History
Year Style % Bonds
As of 06/30/2017
2017 93.18
2016 92.51
2015 93.38
2014 89.38
2013 94.50
 
Bond Statistics
Detail Value
As of 06/30/2017, *As of 06/30/2017
Average Effective Duration 5.85
Average Effective Maturity (Years)* 7.97
Average Credit Quality BBB
Average Weighted Coupon* 3.36
Average Weighted Price* 100.24
Credit Quality
Type % Bonds Benchmark Category Avg Bond Weight Benchmark Weight Category Avg Weight
AAA 55.96 47.37
AA 4.21 8.32
A 9.77 17.61
BBB 21.43 20.06
BB 3.61 3.31
B 4.38 1.18
Below B 0.16 0.67
Not Rated 0.49 1.48
As of 06/30/2017
Credit Quality is calculated only using the long position holdings of the portfolio.

Sector Weightings

 

PRCIX

Fixed-Income Sectors
Type % Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
Government 15.50 42.54 27.01
U.S. Treasury 13.98 37.23 22.13
U.S. Treasury Inflation-Protected 0.00 0.00 0.74
U.S. Agency 0.31 1.37 1.11
Non-U.S. Government 1.18 1.21 1.53
Other Government Related 0.03 2.74 1.50
       
Corporate 32.26 25.79 31.95
Corporate Bond 30.02 25.73 31.79
Bank Loan 1.74 0.00 0.10
Convertible 0.46 0.07 0.03
Preferred 0.04 0.00 0.03
       
Securitized 45.14 2.84 37.53
Agency MBS Pass-Through 22.44 0.05 12.18
Agency MBS ARM 0.02 0.00 0.29
Agency MBS CMO 1.99 0.69 3.32
Non-Agency Residential MBS 1.91 0.30 1.09
Commercial MBS 7.78 1.29 14.70
Asset-Backed 11.00 0.51 5.93
Covered Bond 0.00 0.00 0.01
       
Municipal 0.78 0.63 0.66
       
Cash & Equivalents 4.80 0.00 0.49
       
Other -0.00 0.00 -0.54
As of 06/30/2017
Sector data is calculated only using the rescaled long position holdings of the portfolio.
Coupon Range
Type % Bonds Benchmark Category Avg   Fund Weight Benchmark Weight Category Avg Weight
0% 0.19 0.08 6.13
0% to 4% 74.91 77.21 75.38
4% to 6% 21.14 15.79 13.82
6% to 8% 2.90 5.78 4.02
8% to 10% 0.77 1.09 0.38
10% to 12% 0.08 0.05 0.25
More than 12% 0.00 0.00 0.02
As of 06/30/2017
Sector data is calculated only using the long position holdings of the portfolio.

Top 10 Country Breakdown

 

PRCIX

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
United States 89.86 87.46 89.22
United Kingdom 1.69 1.29 1.38
Netherlands 1.33 0.78 0.94
Mexico 1.23 0.81 0.65
Cayman Islands 1.20 0.27 2.16
Ireland 0.71 0.36 0.34
France 0.60 0.33 0.36
Canada 0.54 1.83 1.14
Switzerland 0.48 0.13 0.28
British Virgin Islands 0.42 0.02 0.08
As of 06/30/2017
Country breakdown data is calculated only using the long rescaled holdings of the portfolio.

Bond Maturity Breakdown

 

PRCIX

% Bonds Benchmark Category Avg Fund Weight Benchmark Weight Category Avg Weight
1 to 3 Years 5.55 26.97 2.81
3 to 5 Years 12.68 22.46 4.21
5 to 7 Years 9.86 13.64 8.72
7 to 10 Years 17.48 13.50 32.97
10 to 15 Years 6.84 2.31 6.26
15 to 20 Years 3.73 2.72 3.01
20 to 30 Years 35.67 16.50 32.35
Over 30 Years 6.26 1.89 2.10
As of 06/30/2017

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