Morningstar

T. Rowe Price New Income Fund Z Class TRVZX

Rating as of Sep 30, 2026 See T. Rowe Price Investment Hub

NAV / 1-Day Return $7.66 / +0.26 %
Fund Size $17.4B
Adjusted Expense Ratio 0.000%
Net Expense Ratio 0.000%
Fee Level: Distribution Low
Share Class Type Institutional
Morningstar Category Intermediate Core Bond
Fixed-Income Style Box (Funds) Medium/Moderate
Minimum Initial Investment $0
Investment Status Limited
TTM Yield 5.05%
Average Effective Duration 5.79 yrs

NAV and 1-Day Return as of Oct 28, 2026, 12:11:06 AM

There is no Morningstar’s Analysis data available.

Portfolio Holdings TRVZX

More TRVZX Holdings

Current Portfolio Date Sep 30, 2026
Equity Holdings —
Bond Holdings —
Other Holdings —
% Assets in Top 10 Holdings 9.5

Top 10 Holdings	% Portfolio Weight	Market Value USD	Sector
Federal National Mortgage Association 6%	2.28	386M	Securitized
T. Rowe Price Gov. Reserve	1.77	299M	Cash and Equivalents
United States Treasury Notes 3.75%	1.64	276M	Government
United States Treasury Notes 4%	1.63	276M	Government
United States Treasury Notes 4.625%	1.51	255M	Government
United States Treasury Bonds 4.5%	1.44	242M	Government
Federal National Mortgage Association 4.5%	1.38	232M	Securitized
United States Treasury Bonds 4.25%	1.33	224M	Government
United States Treasury Bonds 4.375%	1.20	202M	Government
United States Treasury Notes 4.375%	1.18	198M	Government

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