T. Rowe Price New Income Fund (PRCIX) NASDAQ

Currency In USD

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T. Rowe Price New Income Fund

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

Key Executives

N/A
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Description

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).

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