T. Rowe Price New Income Fund Advisor Class (PANIX)
| Fund Assets | 17.94B |
| Expense Ratio | 0.92% |
| Min. Investment | $2,500 |
| Turnover | 67.10% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 4.00% |
| Dividend Growth | -1.36% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 7.79 |
| YTD Return | -1.72% |
| 1-Year Return | 1.53% |
| 5-Year Return | -8.78% |
| 52-Week Low | 7.77 |
| 52-Week High | 8.11 |
| Beta (5Y) | n/a |
| Holdings | 1722 |
| Inception Date | n/a |
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 1.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.78%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.02574 | Jun 30, 2026 |
| May 29, 2026 | $0.02526 | May 29, 2026 |
| Apr 30, 2026 | $0.02448 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02461 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02384 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02548 | Jan 30, 2026 |