T. Rowe Price New Income R (RRNIX)

Fund Assets	16.80B
Expense Ratio	1.067%
Min. Investment	$2,500
Turnover	146.40%
Dividend (ttm)	0.30
Dividend Yield	3.85%
Dividend Growth	-3.18%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 30, 2026

Previous Close	7.67
YTD Return	-2.17%
1-Year Return	-1.82%
5-Year Return	-9.00%
52-Week Low	7.52
52-Week High	8.11
Beta (5Y)	0.25
Holdings	1909
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.

• Fund Family: T. Rowe Price
• Category: Intermediate Core Bond
• Performance Rating: Low
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: RRNIX
• Share Class: T. Rowe Price New Income Fund-r Class
• Index: Bloomberg U.S. Aggregate Bond TR

Performance

RRNIX had a total return of -1.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.47%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FBKWX	Fidelity	Fidelity Advisor Total Bond Z	0.36%
FBNDX	Fidelity	Fidelity Investment Grade Bond Fund	0.46%
FCEPX	Fidelity	Fidelity Advisor Total Bond C	1.50%
FEPAX	Fidelity	Fidelity Advisor Total Bond A	0.73%
FEPIX	Fidelity	Fidelity Advisor Total Bond I	0.49%

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
PRXEX	T. Rowe Price New Income Fund-i Class	0.36%
PANIX	T. Rowe Price New Income Fund-advisor Class	0.92%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 30, 2026	$0.02881	Oct 30, 2026
Sep 30, 2026	$0.02518	Sep 30, 2026
Aug 31, 2026	$0.02349	Aug 31, 2026
Jul 31, 2026	$0.0267	Jul 31, 2026
Jun 30, 2026	$0.02475	Jun 30, 2026
May 29, 2026	$0.02424	May 29, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Nov 5, 2026

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