T. Rowe Price Corporate Income Fund

Class No Load (PRPIX)

7.5 in Long-Term Bond

U.S. News evaluated 31 Long-Term Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

Read about the U.S. News Score

Terms & Conditions

Scorecard
Morningstar 3 / 5 Stars
Lipper 3 4 2 5 2
Zacks Investment Research 1 (Strong Buy)
Standard & Poor's 4 / 5 Stars
TheStreet.com B (Buy)

Fund Overview

The investment seeks to provide high income and some capital growth. The fund normally invests at least 80% of net assets in corporate debt securities. It may invest in other securities in an effort to enhance income and achieve capital growth. These include: convertible securities, preferred stock, and equities, together limited to no more than 10% of total assets; mortgage- and asset-backed securities, including some mortgage derivatives, together limited to no more than 5% of total assets; and U.S. Treasury and agency securities.

Trailing Returns Updated 03.31.2012
Year to date 2.6%
1 Year 9.3%
3 Years (Annualized) 13.9%
5 Years (Annualized) 6.4%
10 Years (Annualized) 6.5%

Performance

The fund has returned 9.26 percent over the past year, 13.95 percent over the past three years, 6.37 percent over the past five years, and 6.47 percent over the past decade.

Hypothetical Growth of $10,000

Updated 03.31.2012

See more PRPIX performance

Holdings

Asset Allocation

% Long % Short % Net
Cash 1.26 0.0 1.26
Stocks 0.0 0.0 0.0
Bonds 77.58 0.0 77.58
Other 0.97 0.41 0.56
Foreign Bonds 20.61 0.0 20.61
Foreign Stocks 0.0 0.0 0.0
Convertible 0.0 0.0 0.0
Preferred 0.0 0.0 0.0

Updated 12.31.2011

Top Holdings

Performance as of 03.31.2012

Portfolio as of 12.31.2011

% Net Assets
Pemex Proj Fdg Master Tr 5.75% 1.29
General Elec Cap Corp Mtn Be 5.875% 1.01
Nbcuniversal Media 5.15% 0.97
Goldman Sachs Grp Inc Mtn Be 7.5% 0.94
Hsbc Hldgs 5.1% 0.82

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Fees

T. Rowe Price Corporate Income Fund has an expense ratio of 0.64 percent.

Expenses

Low (within category)

Updated 04.04.2012

Fees per $10,000.00
3 Years $205.00
5 Years $357.00
10 Years $798.00

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Risk

Morningstar Risk Rating

Below Average (within category)

Updated 03.31.2012

Other Risk Measurements Standard Index
BarCap US Agg Bond TR USD
3YR R-Squared 40.89
3YR Beta 1.3
3YR Alpha 4.64

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Top Rated

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High Performing

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