Read how in its July 9, 2012 "Best Bond Funds" article, that studied some of the largest and most successful bond investment firms, Barron's cited T. Rowe Price's solid reputation, conservative approach, and "good, old-fashioned bond picking."
Find out what else Barron's noted about a firm "long known as talented growth-oriented stock pickers—that has quietly built a solid reputation for successful, if conservative, bond investing."
Yield and share price will vary with interest rate changes. Investors should note that if interest rates rise significantly from current levels, bond fund total returns will decline and may even turn negative in the short term.
Past performance cannot guarantee future results. For the most recent standardized total returns for our mutual funds, click here.