T. Rowe Price Spectrum Income (RPSIX) Fund Ranking and Research

Ranking, Research and Recommendation of T. Rowe Price Spectrum Income (RPSIX) Fund

Last Trade: $12.91 on 3/7/2014, Change: -0.02 (-0.15%)

 

Fund Manager - Charles Shriver

Fund Manager Information

Fund Manager Tenure: 2.9 years
Fund Family: T. Rowe Price
Fund Category: Multisector Bond
Fund Performance: Jan 30, 2014
Fundmojo Fund Grade: B (Score: 0.67)     (What does this score mean?)

 

T. Rowe Price Spectrum Income Fund (RPSIX) Profile

Fund Profile and Description

T. Rowe Price Spectrum Income Fund seeks a high level of current income with moderate share price fluctuation. T. Rowe Price Spectrum Income Fund normally diversifies assets widely among a set of T. Rowe Price mutual funds representing specific market segments. It normally invests in domestic and international bond funds, a money market fund, and an income-oriented stock fund.

 

 What we like about T. Rowe Price Spectrum Income (RPSIX) Fund

Data for T. Rowe Price Spectrum Income Fund (RPSIX) as of Jan 30, 2014

• T. Rowe Price Spectrum Income Fund (RPSIX) has good short-term performance (1-year return 2.80% vs 1.31% Multisector Bond category median performance)
• T. Rowe Price Spectrum Income Fund (RPSIX) has good mid-term performance (3-year return 5.52% vs 5.36% Multisector Bond category median performance)
• T. Rowe Price Spectrum Income Fund (RPSIX) ratio of up-years vs down years is greater than 2
• T. Rowe Price Spectrum Income Fund (RPSIX) has an annual stock turnover rate of 14.30% vs Multisector Bond average of 94.60%. It is good that T. Rowe Price Spectrum Income management does not trade extensively for its return.
• T. Rowe Price Spectrum Income Fund (RPSIX) is less volatile than its peers as it has a 3-year Standard Deviation of 4.74, lower than category average of 4.97
• T. Rowe Price Spectrum Income Fund (RPSIX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

 What we are cautious about T. Rowe Price Spectrum Income (RPSIX) Fund

Data for T. Rowe Price Spectrum Income Fund (RPSIX) as of Jan 30, 2014

• T. Rowe Price Spectrum Income Fund (RPSIX) management has been with T. Rowe Price Spectrum Income Fund for only 2.9 years, it is hard to judge manager's ability based on this fund's operation record
• T. Rowe Price Spectrum Income Fund (RPSIX) has a less-than-ideal Long-term performance (5-year return 9.66% vs 10.97% Multisector Bond category median performance)
• T. Rowe Price Spectrum Income Fund (RPSIX) has a Morningstar rating of 3 and below
• T. Rowe Price Spectrum Income Fund (RPSIX) is less safe compared to its Multisector Bond peers
• Asset base in T. Rowe Price Spectrum Income Fund (RPSIX) has been consistently decreasing in the last 2 months. It shows lacks of investor confidence and market support

See T. Rowe Price Spectrum Income Fund (RPSIX) performance details as of Jan 30, 2014

 

Compare with other top Multisector Bond category mutual funds

Aadditional top Multisector Bond mutual funds for your consideration

Fund	Year to Date	1 Year	3 year	5 year
T. Rowe Price Spectrum Income	0.28	2.80	5.52	9.66
PIMCO Income Instl (PIMIX)	1.43	4.32	10.63	14.63	Compare
AllianceBern High Income A (AGDAX)	0.53	5.58	8.51	18.79	Compare
RiverNorth Doubleline Strategic Inc R (RNDLX)	2.61	1.76	8.33	0	Compare

See top fund managers for Multisector Bond Category Funds

 

T. Rowe Price Spectrum Income (RPSIX) Fund Net Asset

Track net asset change of T. Rowe Price Spectrum Income fund (RPSIX)

Date	Net Asset
01/2014	$6.45B
12/2013	$6.46B
11/2013	$6.47B

More historic net asset information on T. Rowe Price Spectrum Income Fund (RPSIX)

  

T. Rowe Price Spectrum Income (RPSIX) Fund Portfolio Allocation

Track portfolio allocation change of T. Rowe Price Spectrum Income fund (RPSIX)

Date	Cash	Stock	Bond	Other
12/2013	4.95%	12.72%	79.04%	2.95%
09/2013	6.18%	12.7%	78.23%	2.53%
06/2013	6.45%	13.41%	76.6%	3.17%

Click here to see more historic asset allocation information on T. Rowe Price Spectrum Income Fund (RPSIX)

 

Top 10 Holdings in T. Rowe Price Spectrum Income (RPSIX) Fund

Discover what T. Rowe Price Spectrum Income Fund (RPSIX) manager is buying

Dec 30, 2013 T. Rowe Price New Income [22.5%] T. Rowe Price High-Yield [19.6%] T. Rowe Price Equity Income [13.42%] T. Rowe Price International Bond [10.61%] T. Rowe Price Emerging Markets Bond [10.01%] T. Rowe Price GNMA [9.32%] T. Rowe Price Short-Term Bond [9.05%] T. Rowe Price Corporate Income [3.92%] T. Rowe Price US Treasury Long-Term [1.55%]

Sep 29, 2013 T. Rowe Price New Income [22.65%] T. Rowe Price High-Yield [18.78%] T. Rowe Price Equity Income [13.42%] T. Rowe Price International Bond [10.66%] T. Rowe Price Emerging Markets Bond [9.96%] T. Rowe Price GNMA [9.52%] T. Rowe Price Short-Term Bond [8.59%] T. Rowe Price Corporate Income [3.97%] T. Rowe Price US Treasury Long-Term [1.98%]

Jun 29, 2013 T. Rowe Price New Income [22.65%] T. Rowe Price High-Yield [18.76%] T. Rowe Price Equity Income [14.13%] T. Rowe Price International Bond [10.97%] T. Rowe Price Emerging Markets Bond [9.82%] T. Rowe Price GNMA [9.04%] T. Rowe Price Short-Term Bond [8.78%] T. Rowe Price Corporate Income [3.92%] T. Rowe Price US Treasury Long-Term [1.92%]

Click here for Stock Holding Change Map in T. Rowe Price Spectrum Income Fund (RPSIX)

  

Latest News on T. Rowe Price Spectrum Income (RPSIX) Fund

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Popular pages on T. Rowe Price Spectrum Income (RPSIX) Fund

• T. Rowe Price Spectrum Income (RPSIX) Fund Research and Recommendation
• T. Rowe Price Spectrum Income (RPSIX) Fund Performance Data
• T. Rowe Price Spectrum Income (RPSIX) Fund Manager Information
• Historic T. Rowe Price Spectrum Income (RPSIX) Fund Asset Allocation Report
• Historic T. Rowe Price Spectrum Income (RPSIX) Fund Top 10 Holding Tracking
• Historic T. Rowe Price Spectrum Income (RPSIX) Fund Asset Under Management Tracking