T. Rowe Price Corporate Income Z (TRZCX)
| Fund Assets | 276.88M |
| Expense Ratio | n/a |
| Min. Investment | $0.00 |
| Turnover | 90.70% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 5.36% |
| Dividend Growth | 5.10% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 8.06 |
| YTD Return | 2.92% |
| 1-Year Return | 3.55% |
| 5-Year Return | n/a |
| 52-Week Low | 7.80 |
| 52-Week High | 8.34 |
| Beta (5Y) | n/a |
| Holdings | 267 |
| Inception Date | n/a |
About TRZCX
T. Rowe Price Corporate Income Fund Z Class is a mutual fund focused on generating high income with potential for modest capital growth. The fund's primary objective is to invest predominantly in investment-grade corporate debt securities rated from BBB- to AAA, covering a range of maturities. This structure aims to provide investors with a steady stream of income while maintaining a portfolio with moderate sensitivity to market interest rates and credit risk. Notable features include a large, diversified portfolio comprising hundreds of individual corporate bonds, typically making it resilient to default risk from any single issuer. The Z Class shares are designed for specific institutional or fund-of-funds arrangements, with most operating expenses waived or absorbed under T. Rowe Price’s management, benefiting from a cost-efficient structure unavailable to the public directly. The fund pays monthly dividends and its approach positions it as a core holding for investors seeking stable fixed-income exposure within the broader corporate bond market. Managed by T. Rowe Price’s experienced fixed income team, the fund plays a significant role in the capital markets by providing liquidity to corporate issuers and offering investors access to diversified credit exposure.
Performance
TRZCX had a total return of 3.55% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.52%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| TICCX | T. Rowe Price Corporate Income Fund-i Class | 0.41% |
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 | $0.03762 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03349 | Jun 30, 2025 |
| May 30, 2025 | $0.03829 | May 30, 2025 |
| Apr 30, 2025 | $0.03531 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03516 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03327 | Feb 28, 2025 |