T. Rowe Price Corporate Income Fund I Class (TICCX)
| Fund Assets | 276.88M |
| Expense Ratio | 0.41% |
| Min. Investment | $0.00 |
| Turnover | 90.70% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 4.97% |
| Dividend Growth | 5.63% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 8.06 |
| YTD Return | 2.85% |
| 1-Year Return | 2.85% |
| 5-Year Return | -4.90% |
| 52-Week Low | 7.80 |
| 52-Week High | 8.35 |
| Beta (5Y) | n/a |
| Holdings | 267 |
| Inception Date | Dec 17, 2015 |
About TICCX
T. Rowe Price Corporate Income Fund I Class is an institutional mutual fund that primarily aims to provide investors with a high level of income, while also offering potential for some capital growth. The fund invests at least 80% of its assets in corporate debt securities issued by both U.S. and foreign companies. Its portfolio is mainly composed of investment-grade bonds, though it maintains flexibility to allocate assets to non-investment-grade, or high-yield, bonds when warranted. The fund’s holdings are broadly diversified, with over 300 securities under management, and its top 10 holdings make up a modest portion of total assets, enhancing risk mitigation. T. Rowe Price Corporate Income Fund I Class is notable for its institutional focus—requiring a high minimum initial investment—and offers monthly dividend payouts, appealing to investors seeking steady cash flow. Fund characteristics, such as an expense ratio typically below the category average and a relatively long average maturity and duration, reflect its core strategy of targeting long-term corporate credit as a means to generate income. The fund plays a significant role within the corporate bond market for institutions seeking diversified exposure to both investment-grade and select high-yield corporate debt instruments.
Performance
TICCX had a total return of 2.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.56%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| TRZCX | T. Rowe Price Corporate Income Fund-z Class | n/a |
Top 10 Holdings
13.52% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Government Reserve Fund - Collateral | n/a | 2.15% |
| CITIGROUP INC | C.V3.98 03.20.30 | 1.80% |
| BANK OF AMERICA CORP | BAC.V5.425 08.15.35 MTN | 1.60% |
| SONIC CAPITAL LLC | n/a | 1.36% |
| SOUTH32 TREASURY LTD | SOUTAU.4.35 04.14.32 144A | 1.15% |
| UNITED STATES TREASURY NOTE/BOND | T.4.125 08.15.53 | 1.15% |
| GOLDMAN SACHS GROUP INC/THE | GS.V2.615 04.22.32 | 1.11% |
| MORGAN STANLEY | n/a | 1.09% |
| SBA TOWER TRUST | SBATOW.4.831 10.15.29 | 1.08% |
| MILEAGE PLUS HOLDINGS LLC / MILEAGE PLUS INTELLECTUAL PROPERTY ASSETS LTD | n/a | 1.03% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.03487 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03214 | Jun 30, 2025 |
| May 30, 2025 | $0.03549 | May 30, 2025 |
| Apr 30, 2025 | $0.03268 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03258 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0308 | Feb 28, 2025 |