PANIX — T. Rowe Price New Income Adv
T. Rowe Price New Income Adv (PANIX)
PANIX pays a 0.04% distribution rate, on a 0.92% expense ratio. Its Distribution Safety Score™ is 69 (Generally safe), giving a Safety-Adjusted Yield of 0.03%. Distributions fell 5.8% over the past year. Total return is 101.8% over the past 23.8 years, 1149.3 points behind SPY at 1251.1%. Its deepest 1-year drawdown was 3.0%.
T. Rowe Price New Income Adv is a mutual fund that invests at least 80% of its assets in income-producing fixed income securities, including U.S. government and agency bonds, mortgage- and asset-backed securities, corporate bonds, foreign bonds, and Treasury inflation-protected securities. The fund carries a moderate expense ratio of 0.92% and currently offers a meaningful distribution rate. This fund appeals to income-focused investors seeking diversified exposure across multiple fixed income sectors.
PANIX key facts
- Distribution Safety Score™
- 69 · Generally safe
- Safety-Adjusted Yield
- 0.03%
- Issuer
- T. Rowe Price
- Asset type
- Mutual Fund
- Asset class
- Fixed Income
- Expense ratio
- 0.92%
- Distribution rate
- 0.04%
- Trailing yield
- 3.62%
- Last close
- $7.79
- AUM
- $27,899,432,960
- Average volume
- 0.0
- Last dividend
- $0.0280
- Ex-dividend date
- 07/31/2026
- Beta
- 0.96
- P/E ratio
- 30.1103
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