# T. Rowe Price Total Return Fund - Investor Class (PTTFX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/pttfx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: T. Rowe Price · Asset class: Equity - Strategy: Actively Managed · Inception: 2016-11-15 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. ## Key Facts | Metric | Value | |---|---| | Price | $8.00 | | Expense Ratio | 0.46% | | Assets Under Management | $557.5M | | NAV | $8.00 | | Holdings Count | — | | Distribution Yield (TTM) | 5.25% | | Annual Distribution (TTM) | $0.42 /share | | Distribution Frequency | Monthly | | 52-Week Range | $7.88 – $8.52 | | Beta | 0.98 | ## Latest Distribution - Amount: $0.0356 /share - Ex-date: 2026-09-29 - Pay date: 2026-09-30 ## Frequently Asked Questions ### 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 $557.5M 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. ### Does PTTFX pay a dividend? T. Rowe Price Total Return Fund - Investor Class (PTTFX) currently distributes little or no income. Trailing-twelve-month yield is 5.25%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PTTFX pay dividends? T. Rowe Price Total Return Fund - Investor Class pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is PTTFX's dividend yield? PTTFX's trailing-twelve-month yield is 5.25%, calculated from the sum of dividends over the past year divided by the current price. ### When is PTTFX's next ex-dividend date? The most recently announced ex-dividend date for PTTFX was 2026-09-29. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will PTTFX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.46% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does PTTFX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PTTFX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does PTTFX cost more than a fund like VOO? PTTFX is actively managed (current expense ratio 0.46%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether PTTFX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to PTTFX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PTTFX (0.46%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/pttfx - Distribution history: https://www.dividenddata.com/funds/pttfx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/pttfx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/pttfx/expenses - Peer comparison: https://www.dividenddata.com/funds/pttfx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.