T. Rowe Price New Income Fund I Class (PRXEX)
T. Rowe Price New Income Fund I Class operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $7.80, up 0.00% on the session, giving a market capitalisation of $17.98B. Its beta of 0.96 implies it has historically moved less than the broad market.
This fund is dedicated to allocating a significant portion, specifically a minimum of 80% of its total assets, towards various securities designed to generate income. Its investment portfolio may include, but is not restricted to, debt instruments issued by the U.S. government and its agencies, structured credit products such as mortgage-backed and asset-backed securities (including those tied to commercial properties), corporate bonds from a range of companies, international bonds, and Treasury Inflation-Protected Securities (TIPS).
T. Rowe Price New Income Fund I Class is most often compared with the following Financial Services names: