Guide To T. Rowe Price Spectrum Income Fund
T. Rowe Price Spectrum Income (RPSIX - MF report) a Zacks Rank #1 (Strong Buy) was created in June 1990 and is managed by T. Rowe Price Associates. The objective of RPSIX is to seek high level of current income with moderate share price fluctuation. RPSIX invests in a diversified group of underlying T. Rowe Price domestic bond funds, foreign bond funds, money market funds and income-oriented stock funds. RPSIX offers dividends and capital gains annually in December.
T. Rowe Price Spectrum Income, managed by T. Rowe Price, carries an expense ratio of 0.67%. RPSIX requires a minimal initial investment of $2,500.
RPSIX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 2.26% and 5 year 4.00%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
RPSIX’s performance, as of the last filing, when compared to funds in its category was in the top 31% in 1 year, top 12% over the past 3 years, and in the 12% over the past 5 years.
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