What does T. Rowe Price Corporate Income do?

T. Rowe Price Corporate Income (PRPIX) operates in the Asset Management - Income industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.

What is PRPIX's market cap?

T. Rowe Price Corporate Income (PRPIX) has a market capitalization of approximately $756.8 million, as of July 23, 2026, based on the most recent share price and shares outstanding.

Does PRPIX pay a dividend?

Yes — T. Rowe Price Corporate Income (PRPIX) pays a dividend monthly, with a trailing-twelve-month yield of 5.15%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

PRPIX

T. Rowe Price Corporate Income

NASDAQ·Asset Management, Income · Financial Services

$7.90$0.01−0.13%

Market cap$756.84M·Market closed·Jul 23 12:10 PM UTC

Price Chart

$7.90−$0.01 (−0.13%)today

−22.40%CAGR −4.95%

Select date range

FromTo

Oct 31, 1995Jul 23, 2021 → Jul 23, 2026· 5.0 yrsJul 23, 2026

Key Metrics

DividendDividend Tab

Dividend Yield (FWD)4.72%

Annual Dividend (FWD)$0.37

Dividend Growth (5Y)+10.1%

Dividend Safety—

Payout Ratio73.5%

FCF Payout Ratio—

Most Recent Dividend$0.031

Ex-Dividend DateJun 29

Payment DateJun 30

EarningsEarnings Tab

EPS (FWD)—

P/E Ratio (FWD)—

EPS Growth (1Y)—

EPS Growth (3Y)—

EPS Growth (5Y)—

Next Earnings Date—

Last Report Date—

Reported vs Estimate—

Earnings Surprise—

Income Statement Flow

PRO

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About T. Rowe Price Corporate Income

The T. Rowe Price Corporate Income fund primarily allocates a substantial portion—at least 80% of its total assets (including any capital obtained through borrowing)—into corporate debt instruments. While its portfolio is predominantly composed of investment-grade fixed-income securities, it maintains the flexibility to incorporate a limited allocation of lower-rated bonds, often referred to as high-yield or 'junk' bonds. Beyond corporate debt, the fund is also permitted to invest in other security types, strategically aiming to enhance income generation and foster capital appreciation.

Sector: Financial Services
Industry: Asset Management - Income
Exchange: NASDAQ
Website: www.troweprice.com/financial-intermediary/us/en/investments/mutual-funds/us-products/corporate-income-fund.html

Peers

Peers Tab

NWQAX

Nuveen Flexible Income Fund Class A

Cap

$855.7M

NWQIX

Nuveen Flexible Income Fund Class I

Cap

$856.1M

NWQCX

Nuveen Flexible Income Fund Class C

Cap

$855.7M

Latest News

News Tab

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Frequently Asked Questions About PRPIX

What does T. Rowe Price Corporate Income do?: T. Rowe Price Corporate Income (PRPIX) operates in the Asset Management - Income industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.
What is PRPIX's market cap?: T. Rowe Price Corporate Income (PRPIX) has a market capitalization of approximately $756.8 million, as of July 23, 2026, based on the most recent share price and shares outstanding.
Does PRPIX pay a dividend?: Yes — T. Rowe Price Corporate Income (PRPIX) pays a dividend monthly, with a trailing-twelve-month yield of 5.15%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.