What does T. Rowe Price New Income Fund I Class do?

T. Rowe Price New Income Fund I Class (PRXEX) 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 PRXEX's market cap?

T. Rowe Price New Income Fund I Class (PRXEX) has a market capitalization of approximately $17.84 billion, as of July 24, 2026, based on the most recent share price and shares outstanding.

Does PRXEX pay a dividend?

Yes — T. Rowe Price New Income Fund I Class (PRXEX) pays a dividend monthly, with a trailing-twelve-month yield of 4.57%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

PRXEX

T. Rowe Price New Income Fund I Class

NASDAQ·Asset Management, Income · Financial Services

$7.78$0.03−0.38%

Market cap$17.84B·Jul 24 12:07 PM UTC

Price Chart

$7.78−$0.03 (−0.38%)today

−20.93%CAGR −4.59%

Select date range

FromTo

Aug 28, 2015Jul 24, 2021 → Jul 24, 2026· 5.0 yrsJul 24, 2026

Key Metrics

DividendDividend Tab

Dividend Yield (FWD)4.54%

Annual Dividend (FWD)$0.35

Dividend Growth (5Y)+17.3%

Dividend Safety—

Payout Ratio136.9%

FCF Payout Ratio—

Most Recent Dividend$0.029

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 New Income Fund I Class

This fund is dedicated to allocating a significant portion, specifically a minimum of 80% of its total assets, towards various securities designed to generate income. Its investment portfolio may include, but is not restricted to, debt instruments issued by the U.S. government and its agencies, structured credit products such as mortgage-backed and asset-backed securities (including those tied to commercial properties), corporate bonds from a range of companies, international bonds, and Treasury Inflation-Protected Securities (TIPS).

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

Peers

Peers Tab

COSIX

Columbia Fds Srs Tr I, Strategic Income Fd Cl A

Cap

$16.2B

BLPFX

American Funds Moderate Growth and Income Portfolio - Class F-1

Cap

$17.2B

TWGIX

American Century Growth Fund - I Class

Cap

$14.8B

Latest News

News Tab

No recent news available.

Frequently Asked Questions About PRXEX

What does T. Rowe Price New Income Fund I Class do?: T. Rowe Price New Income Fund I Class (PRXEX) 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 PRXEX's market cap?: T. Rowe Price New Income Fund I Class (PRXEX) has a market capitalization of approximately $17.84 billion, as of July 24, 2026, based on the most recent share price and shares outstanding.
Does PRXEX pay a dividend?: Yes — T. Rowe Price New Income Fund I Class (PRXEX) pays a dividend monthly, with a trailing-twelve-month yield of 4.57%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.