TICCX

About TICCX

T. Rowe Price Corporate Income Fund I Class is an institutional mutual fund that primarily aims to provide investors with a high level of income, while also offering potential for some capital growth. The fund invests at least 80% of its assets in corporate debt securities issued by both U.S. and foreign companies. Its portfolio is mainly composed of investment-grade bonds, though it maintains flexibility to allocate assets to non-investment-grade, or high-yield, bonds when warranted. The fund’s holdings are broadly diversified, with over 300 securities under management, and its top 10 holdings make up a modest portion of total assets, enhancing risk mitigation. T. Rowe Price Corporate Income Fund I Class is notable for its institutional focus—requiring a high minimum initial investment—and offers monthly dividend payouts, appealing to investors seeking steady cash flow. Fund characteristics, such as an expense ratio typically below the category average and a relatively long average maturity and duration, reflect its core strategy of targeting long-term corporate credit as a means to generate income. The fund plays a significant role within the corporate bond market for institutions seeking diversified exposure to both investment-grade and select high-yield corporate debt instruments.