T. Rowe Price Corporate Income
100 East Pratt Street Baltimore MD 21202
Map
Phone: 800-638-5660
| Category: | Long-Term Bond | | Fund Family: | T. Rowe Price | | Net Assets: | 530.74M | | Year-to-Date Return: | 21.11% | | Yield: | 5.29% | | Morningstar Rating: |  | | Fund Inception Date: | 31-Oct-95 |
|
David A. Tiberii
Lead Manager since
01-Oct-03 | | | Tiberii is a member of the portfolio management team for T. Rowe Price's Fixed Income Department and lead manager of its Investment-Grade Corporate Bond Strategy. He is chairman of the Investment Advisory Committee and president of the Corporate Income Fund. He is also a vice president of T. Rowe Price Group, Inc. Mr. Tiberii has 12 years of investment experience, five of which have been with T. Rowe Price. He started at the firm in 2003, with extensive experience in the fixed-income investment field. |
| Min Initial Investment: | $2,500 | | Min Initial Investment, IRA: | $1,000 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | $50 | | Min Subsequent Investment, AIP: | $50 |
|
| |
| The investment seeks to provide high income and some capital growth. The fund normally invests at least 80% of assets in corporate debts and at least 65% of assets in corporate debts issued by U.S. and foreign companies. It may invest in a variety of securities including convertible debt and preferred stock, together limited to no more than 25% of assets. It may invest up to 25% of assets in non-U.S. dollar foreign securities. The fund's weighted average maturity normally exceeds 10 years. It invests at least 65% of assets in investment-grade bonds. The fund`s direct investment in B rated bonds will not exceed 10% of total assets. |
| Last Dividend
(30-Oct-09):
| 0.04 | | Last Cap Gain
(16-Dec-98):
| 0.02 | | Annual Holdings Turnover
| 36.30% | | Average for Category:
| 242.90% |
|
| Expense | PRPIX | Category
Avg | | Total Expense Ratio: | 0.74%
| 0.89% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | %
| 3.93% | | Max Deferred Sales Load: | %
| 1.91% | | 3 Yr Expense Projection*: |
$ 237 | $392 | | 5 Yr Expense Projection*: |
$ 411 | $647 | | 10 Yr Expense Projection*: |
$ 918 | $1,336 |
|
|
0.34% Nasdaq 0.00%
Profile
