T. Rowe Price New Income R (RRNIX)
| Fund Assets | 16.41B |
| Expense Ratio | 1.08% |
| Min. Investment | $0.00 |
| Turnover | 67.10% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.76% |
| Dividend Growth | 2.74% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 8.02 |
| YTD Return | 3.19% |
| 1-Year Return | 0.37% |
| 5-Year Return | -9.50% |
| 52-Week Low | 7.76 |
| 52-Week High | 8.26 |
| Beta (5Y) | 0.24 |
| Holdings | 1614 |
| Inception Date | Sep 30, 2002 |
About RRNIX
T. Rowe Price New Income Fund R Class is an open-end mutual fund specializing in fixed-income investments. The fund’s principal objective is to generate the highest possible income over the long term, with a strong emphasis on preserving capital. It achieves this by investing primarily in a diverse portfolio of marketable debt securities, including U.S. government and agency obligations, mortgage- and asset-backed securities, corporate bonds, and select foreign bonds. In managing its portfolio, the fund may also utilize derivatives and engage in transactions such as dollar rolls and to-be-announced (TBA) trades to optimize returns and manage risks. Targeted towards investors seeking a combination of income and relative stability, the fund pays monthly dividends and is structured for access via financial intermediaries and workplace retirement plans. With over $27 billion in assets under management, it plays a significant role in the core bond segment, offering broad exposure to the U.S. investment-grade bond market. Its diversified approach and active management aim to help investors balance income needs with capital preservation amid shifting economic conditions.
Performance
RRNIX had a total return of 0.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.56%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
18.41% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 4.375% | T.4.375 05.15.34 | 2.55% |
| United States Treasury Bonds 4.5% | T.4.5 02.15.44 | 2.35% |
| United States Treasury Notes 4.375% | T.4.375 11.30.30 | 1.99% |
| United States Treasury Notes 4% | T.4 01.31.31 | 1.82% |
| United States Treasury Bonds 4% | T.4 11.15.42 | 1.73% |
| United States Treasury Bonds 4.25% | T.4.25 08.15.54 | 1.69% |
| United States Treasury Bonds 4.25% | T.4.25 02.15.54 | 1.66% |
| United States Treasury Bonds 4.375% | T.4.375 08.15.43 | 1.62% |
| United States Treasury Bonds 3.375% | T.3.375 08.15.42 | 1.57% |
| United States Treasury Notes 4.125% | T.4.125 09.30.27 | 1.44% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02719 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02684 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0249 | Jun 30, 2025 |
| May 30, 2025 | $0.02689 | May 30, 2025 |
| Apr 30, 2025 | $0.02502 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02428 | Mar 31, 2025 |