T. Rowe Price New Income Adv (PANIX)
| Fund Assets | 16.59B |
| Expense Ratio | 0.92% |
| Min. Investment | $0.00 |
| Turnover | 67.10% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.93% |
| Dividend Growth | 2.76% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 8.04 |
| YTD Return | 3.22% |
| 1-Year Return | 1.27% |
| 5-Year Return | -8.53% |
| 52-Week Low | 7.74 |
| 52-Week High | 8.08 |
| Beta (5Y) | n/a |
| Holdings | 1621 |
| Inception Date | Sep 30, 2002 |
About PANIX
T. Rowe Price New Income Fund Advisor Class is a mutual fund focused on providing investors with reliable income and capital preservation by investing primarily in high-quality, marketable debt securities. The fund holds a diversified portfolio that includes U.S. government and agency bonds, mortgage- and asset-backed securities, corporate bonds, foreign bonds, and Treasury inflation-protected securities. As part of the Intermediate Core Bond category, it largely concentrates on investment-grade fixed-income assets and manages risk by limiting below-investment-grade exposure to less than 5% of the portfolio. The fund is actively managed and aims to maximize total return through both income generation and capital appreciation, maintaining an effective duration and weighted average maturity appropriate for intermediate-term bond strategies. With a substantial asset base and monthly dividend payments, the fund plays a significant role for investors seeking stable returns and a measure of downside protection in varying interest rate environments. Its broad sector exposure and frequent portfolio rebalancing reflect an effort to respond dynamically to market changes while maintaining its income and preservation mandate.
Performance
PANIX had a total return of 1.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.81%.
Top 10 Holdings
18.31% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Gov. Reserve | TRPGRIA | 2.57% |
| United States Treasury Bonds 4.5% | T.4.5 02.15.44 | 2.27% |
| United States Treasury Notes 4.375% | T.4.375 11.30.30 | 1.93% |
| United States Treasury Notes 4% | T.4 01.31.31 | 1.77% |
| United States Treasury Bonds 4% | T.4 11.15.42 | 1.68% |
| United States Treasury Notes 4.375% | T.4.375 11.30.28 | 1.67% |
| United States Treasury Notes 4.375% | T.4.375 05.15.34 | 1.66% |
| United States Treasury Bonds 4.25% | T.4.25 08.15.54 | 1.62% |
| United States Treasury Bonds 4.25% | T.4.25 02.15.54 | 1.59% |
| United States Treasury Bonds 4.375% | T.4.375 08.15.43 | 1.56% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.0253 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02825 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02786 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02586 | Jun 30, 2025 |
| May 30, 2025 | $0.02794 | May 30, 2025 |
| Apr 30, 2025 | $0.02601 | Apr 30, 2025 |