TRZCX

About TRZCX

T. Rowe Price Corporate Income Fund Z Class is a mutual fund focused on generating high income with potential for modest capital growth. The fund's primary objective is to invest predominantly in investment-grade corporate debt securities rated from BBB- to AAA, covering a range of maturities. This structure aims to provide investors with a steady stream of income while maintaining a portfolio with moderate sensitivity to market interest rates and credit risk. Notable features include a large, diversified portfolio comprising hundreds of individual corporate bonds, typically making it resilient to default risk from any single issuer. The Z Class shares are designed for specific institutional or fund-of-funds arrangements, with most operating expenses waived or absorbed under T. Rowe Price’s management, benefiting from a cost-efficient structure unavailable to the public directly. The fund pays monthly dividends and its approach positions it as a core holding for investors seeking stable fixed-income exposure within the broader corporate bond market. Managed by T. Rowe Price’s experienced fixed income team, the fund plays a significant role in the capital markets by providing liquidity to corporate issuers and offering investors access to diversified credit exposure.