T. Rowe Price Corporate Income Fund

Class No Load (PRPIX)
Scorecard
2 / 5 Stars
Lipper
4 4 2 5 2
Zacks Investment Research
3 (Hold)
Standard & Poor's
4 / 5 Stars
TheStreet.com
C+ (Hold)

#10 in Long-Term Bond

U.S. News evaluated 30 Long-Term Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 9.14 percent over the past year, 8.73 percent over the past three years, 8.10 percent over the past five years, and 6.41 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 2.2%
1 Year 9.1%
3 Years (Annualized) 8.7%
5 Years (Annualized) 8.1%
10 Years (Annualized) 6.4%

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Summary

The investment seeks high income and some capital growth. The fund will normally invest at least 80% of its net assets (including any borrowings for investment purposes) in corporate debt securities. Holdings will mainly consist of investment-grade bonds, although the fund has the flexibility to purchase some noninvestment-grade bonds (also called high-yield or junk bonds). At least 85% of its net assets must have received an investment-grade rating (AAA, AA, A, or BBB, or an equivalent rating) from at least one major credit rating agency or, if not rated by any credit rating agency, deemed to be of investment-grade quality by T. Rowe Price.

Fees

Fees are Above Average compared to funds in the same category.
T. Rowe Price Corporate Income Fund has an expense ratio of 0.65 percent.

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Risk

Risk is Below Average compared to funds in the same category according to Morningstar.

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See Also:

Top T. Rowe Price Funds
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