Andrew McCormick

Andrew McCormick, Head of Fixed Income

  • B.S. , Syracuse University

Andy McCormick is the head of the Fixed Income Division. He oversees fixed income investment management. Andy also is the head of U.S. Taxable Bonds. He is president of the High Yield Fund and Multi-Sector Account Portfolios; chairman of the Fixed Income Steering Committee; and a member of the firm's Management, Investment Management Steering, and Product Strategy Committees. He also is a vice president of T. Rowe Price Group, Inc., T. Rowe Price Associates, Inc., and T. Rowe Price Trust Company.

Andy’s investment experience began in 1983, and he has been with T. Rowe Price since 2008, beginning as a portfolio manager in the Fixed Income Division. After that, he served as head of Securitized Products and as lead portfolio manager for the US GNMA Bond Strategy and co-portfolio manager for the Total Return Bond Strategy before being appointed to his current role in 2019. Prior to T. Rowe Price, Andy spent 13 years on Wall Street trading mortgages and agency securities, 10 years at Fannie Mae managing significant mortgage assets, and two years working with a hedge fund manager and mortgage real estate investment trust firm.

Andy earned a B.S. in finance from Syracuse University.

  • Years at T. Rowe Price12
  • Years investment experience37
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