T. Rowe Price New Income Fund (PRCIX) NASDAQ
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Address
100 East Pratt Street
Baltimore, MD 21202
United States of America (the)
Phone
410-345-2000
Sector
Financial Services
Industry
Asset Management - Income
Employees
N/A
First IPO Date
January 02, 1980
The primary goal of this fund is to achieve the highest possible total return, generated through both income streams and capital appreciation. It is mandated to invest at least 80% of its net assets in various securities that produce income. These investments can encompass a wide array of options, such as debt instruments issued by the U.S. government and its agencies, different types of mortgage-backed and asset-backed securities (including those tied to commercial mortgages), corporate bonds, international bonds, and Treasury Inflation-Protected Securities (TIPS).