- What does PTTFX invest in?
- The fund primarily invests in a broad spectrum of fixed-income instruments. Its typical holdings include debt issued by the U.S. government and its agencies, corporate bonds, bank loans, and various mortgage-backed and asset-backed securities. Notably, it can allocate up to 35% of its net assets to corporate bonds and other debt instruments considered below investment grade. These are often referred to as "junk" or high-yield bonds, with their rating determined by each assigned credit agency or, if unrated, by T. Rowe Price's internal assessment.
- What is the expense ratio of PTTFX?
- T. Rowe Price Total Return Fund - Investor Class (PTTFX) charges an expense ratio of 0.46%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is PTTFX?
- T. Rowe Price Total Return Fund - Investor Class (PTTFX) manages $593.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is PTTFX actively managed or an index fund?
- PTTFX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PTTFX's is 0.46%) in exchange for the discretion to over- or under-weight positions.
- When was PTTFX launched?
- T. Rowe Price Total Return Fund - Investor Class (PTTFX) launched in November 2016 and is managed by T. Rowe Price.
- How has PTTFX performed?
- PTTFX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
