Spectrum Income Fund

Invests in a diversified group of underlying T. Rowe Price domestic bond funds, foreign bond funds, a money market fund, and an income-oriented stock fund. Yield and share price will vary with interest rate changes.

If interest rates rise significantly from current levels, bond fund total returns will decline and may even turn negative in the short term.

Morningstar (Category)

Morningstar
(Overall Rating)1

Multisector Bond
  (273 funds)

Data as of 12/31/2021

Data as of 12/31/2021

Fund Manager Tenure2

Net Assets3
(USD)

10yrs
$7.2b

Data as of 12/31/2021

Data as of 12/31/2021

Price
(USD)

Daily Price Change

$12.63
$-0.02

Data as of 01/26/2022

Data as of 01/26/2022

Morningstar Ratings™ are based on risk-adjusted returns. Click on "Overall Rating" for the fund's 3-, 5-, and 10-year (if applicable) Morningstar Ratings™.

Charles M.  Shriver, CFA
Charles M. Shriver, CFA, Co-Portfolio Manager

Charles Shriver is the portfolio manager of the Global Allocation, Balanced, and Spectrum Funds, and he is cochair of the Asset Allocation Committee. Charles is a vice president of T. Rowe Pri...

Toby M. Thompson, CFA, CAIA
Toby M. Thompson, CFA, CAIA, Co-Portfolio Manager

Toby Thompson is a portfolio manager in the Multi-Asset Division. He is a co-portfolio manager of the Balanced Fund, Global Allocation Funds, Moderate Allocation Portfolio, Spectrum Funds, Act...

View more

Strategy

Investment Objective

The fund seeks a high level of current income with moderate share price fluctuation.

Yields & Dividends (Investor Class)

30-Day SEC Standardized Yield
with waiver
2.27%

Data as of 12/31/2021

without waiver
2.27%

Data as of 12/31/2021

30-Day Annualized Dividend Yield
with waiver
2.25%

Data as of 01/26/2022

Monthly Dividend
(USD)
$0.051400758

Data as of 12/31/2021

Monthly Dividend
Rate
0.02%

Data as of 01/26/2022

US Mutual Fund vendor indices disclaimers

Sectors

Total Sectors - Fixed Income only
12

Data as of 12/31/2021

Benchmark: Bloomberg U.S. Aggregate Bond Index

Largest - Fixed Income only High Yield 21.65% Was (11/30/2021) 22.30%
Other View complete

Over - Fixed Income only

High Yield
By 21.65%
Fund 21.65%
Benchmark 0.00%

Under - Fixed Income only

U.S. Treasury
By -30.97%
Fund 8.17%
Benchmark 39.14%

Data as of 12/31/2021

For a complete list of the members of the fund's Investment Advisory Committee, please refer to the fund's prospectus.

View platform information
1

© 2021 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

2

Number of years managing the fund.  In the case of co-portfolio management, the longer tenure is displayed.

3

Figure applies to all share classes.

Dismiss
Tap to dismiss