T. Rowe Price New Income I (PRXEX)

Fund Assets	16.73B
Expense Ratio	0.36%
Min. Investment	$2,500
Turnover	67.10%
Dividend (ttm)	0.36
Dividend Yield	4.51%
Dividend Growth	0.93%
Payout Frequency	Monthly
Ex-Dividend Date	Dec 31, 2025

Previous Close	8.05
YTD Return	0.12%
1-Year Return	7.87%
5-Year Return	-3.20%
52-Week Low	7.42
52-Week High	8.05
Beta (5Y)	0.97
Holdings	1686
Inception Date	Aug 28, 2015

About PRXEX

The fund will invest at least 80% of its net assets in income-producing securities, which may include, but are not limited to, U.S. government and agency obligations, mortgage- and asset-backed securities (including commercial mortgage-backed securities), corporate bonds, foreign bonds, and Treasury inflation protected securities.

• Fund Family: T. Rowe Price
• Category: Intermediate Core Bond
• Performance Rating: Below Average
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PRXEX
• Share Class: T. Rowe Price New Income Fund-i Class
• Index: Bloomberg U.S. Aggregate Bond TR

Performance

PRXEX had a total return of 7.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.99%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FGBPX	Fidelity	Fidelity Advisor Investment Gr Bd I	0.50%
FSMTX	Fidelity	Fidelity SAI Total Bond Fund	0.29%
FGBCX	Fidelity	Fidelity Advisor Investment Gr Bd C	1.52%
FGBTX	Fidelity	Fidelity Advisor Investment Gr Bd M	0.74%
FTKFX	Fidelity	Fidelity Total Bond K6 Fund	0.30%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
TRVZX	T. Rowe Price New Income Fund-z Class	n/a
PANIX	T. Rowe Price New Income Fund-advisor Class	0.92%
RRNIX	T. Rowe Price New Income Fund-r Class	1.08%

Top 10 Holdings

20.75% of assets

Name	Symbol	Weight
T. Rowe Price Gov. Reserve	TRPGRIA	5.74%
United States Treasury Bonds 4.5%	T.4.5 02.15.44	2.29%
United States Treasury Bonds 4%	T.4 11.15.42	1.70%
United States Treasury Bonds 4.25%	T.4.25 08.15.54	1.66%
United States Treasury Notes 4.375%	T.4.375 05.15.34	1.64%
United States Treasury Notes 4.375%	T.4.375 11.30.28	1.64%
United States Treasury Bonds 4.25%	T.4.25 02.15.54	1.63%
United States Treasury Bonds 4.375%	T.4.375 08.15.43	1.58%
United States Treasury Bonds 3.375%	T.3.375 08.15.42	1.54%
United States Treasury Notes 4%	T.4 01.31.31	1.33%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 31, 2025	$0.03114	Dec 31, 2025
Nov 28, 2025	$0.02753	Nov 28, 2025
Oct 31, 2025	$0.03269	Oct 31, 2025
Sep 30, 2025	$0.02887	Sep 30, 2025
Aug 29, 2025	$0.03226	Aug 29, 2025
Jul 31, 2025	$0.0317	Jul 31, 2025