# Portfolio overlap — TMSSX vs PRCIX Comparing **T. Rowe Price Multi-Strategy Total Return Fund** (2025-10-31) and **T. Rowe Price New Income Fund, Inc.** (2026-02-28). - Shared positions: 29 - T. Rowe Price Multi-Strategy Total Return Fund covered by T. Rowe Price New Income Fund, Inc.: 0.07609512142437730536755577869 - T. Rowe Price New Income Fund, Inc. covered by T. Rowe Price Multi-Strategy Total Return Fund: 0.07609512142437730536755577869 ## T. Rowe Price Multi-Strategy Total Return Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | T Rowe Price Government Reserve Investment Fund | 0.579644 | ✓ | | T. Rowe Price Government Reserve Fund - Collateral | 0.027154 | | | U.S. Treasury Bills | 0.018155 | | | U.S. Treasury Bills | 0.008934 | | | INVESCO SENIOR LOAN ETF MUTUAL FUND | 0.007449 | | | ZAR/USD FWD 20260116 MSLNGB2X | 0.006901 | ✓ | | NVIDIA CORP | 0.005645 | | | BRAZIL NOTAS DO TESOURO NACION NOTES 01/31 10 | 0.005613 | | | MEXICAN BONOS BONDS 03/29 8.5 | 0.005450 | | | U.S. Treasury Bills | 0.004234 | | | U.S. Treasury Bills | 0.004223 | | | REPUBLIC OF SOUTH AFRICA GOVT SR UNSECURED 02/35 8.875 | 0.004222 | | | WI TREASURY SEC. 0.000000% 02/19/2026 | 0.004210 | | | WIB 0 03/19/26 | 0.004198 | | | U.S. Treasury Bills | 0.004186 | | | COLOMBIAN TES BONDS 10/34 7.25 | 0.004023 | | | MICROSOFT CORP | 0.003850 | | | ALPHABET INC CL A | 0.003162 | | | Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022 | 0.003083 | | | RPLDCI 6.581 05/30/49 144A | 0.002988 | ✓ | | ADVANCE AUTO PARTS REGD 144A P/P 7.37500000 | 0.002931 | ✓ | | Jane Street Group / JSG Finance Inc. | 0.002919 | ✓ | | APPLE INC | 0.002866 | | | Kyrgyz Republic International Bonds | 0.002839 | | | US ULTRA BOND CBT Sep25 | 0.002835 | ✓ | | SURINAME GOVERNMENT INTERNATIONAL BOND | 0.002792 | | | CZECH REPUBLIC GOVERNMENT BOND SR UNSECURED 03/33 3 | 0.002768 | | | Vlada Crne Gore | 0.002762 | | | UNILEVER PLC | 0.002705 | | | Chile Government 6.00 04/01/2033 | 0.002703 | | | India Government International Bond | 0.002691 | | | CZECH REPUBLIC GOVERNMENT BOND SR UNSECURED 11/32 4.5 | 0.002550 | | | TSMC | 0.002471 | | | AFRICELL HOLDING LTD REGD 144A P/P 10.50000000 | 0.002443 | | | Republic of Poland Government International Bond | 0.002293 | | | BROADCOM INC | 0.002279 | | | CSC HOLDINGS LLC REGD 144A P/P 11.25000000 | 0.002254 | | | ZAR/USD FWD 20260116 BOFAUS6N | 0.002151 | ✓ | | ZMW/USD FWD 20260109 CITIGB2L | 0.002107 | | | MERCURY DATA CTR BIDCO | 0.002030 | | | Romania Government Bond | 0.001979 | | | PETSMART LLC/PETSMART FI SR SECURED 144A 09/32 7.5 | 0.001885 | | | DIAMONDBACK ENER | 0.001875 | ✓ | | WULF COMPUTE LLC SR SECURED 144A 10/30 7.75 | 0.001807 | | | Republic of Cote d'Ivoire | 0.001801 | | | Ecopetrol SA | 0.001786 | | | SEB Funding LLC, Series 2024-1A, Class A2 | 0.001700 | ✓ | | ZAR/USD FWD 20260116 GSILGB2X | 0.001679 | ✓ | | SASOL FINANCING USA LLC | 0.001637 | | | FYBR 2023-1 C | 0.001614 | | ## T. Rowe Price New Income Fund, Inc. — top positions | Security | Weight | Shared | |----------|--------|--------| | T Rowe Price Government Reserve Investment Fund | 0.063185 | ✓ | | US TREASURY N/B | 0.021259 | | | US TREASURY N/B | 0.018440 | | | US TREASURY N/B | 0.018165 | | | US TREASURY N/B | 0.016060 | | | US TREASURY N/B | 0.015045 | | | US TREASURY N/B | 0.015006 | | | US TREASURY N/B | 0.014684 | | | US TREASURY N/B | 0.014322 | | | US TREASURY N/B | 0.012793 | | | FNCL 6 3/24 | 0.012746 | | | US TREASURY N/B | 0.011731 | | | US TREASURY N/B | 0.011546 | | | US TREASURY N/B | 0.011121 | | | US TREASURY N/B | 0.009877 | | | US TREASURY N/B | 0.009533 | | | US TREASURY N/B | 0.008475 | | | US TREASURY N/B | 0.008196 | | | US TREASURY N/B | 0.008101 | | | Uniform Mortgage-Backed Security, TBA | 0.006992 | | | Uniform Mortgage-Backed Security, TBA | 0.006991 | | | US TREASURY N/B | 0.006550 | | | US TREASURY N/B | 0.006410 | | | G2SF 5 3/25 | 0.006400 | | | US TREASURY N/B | 0.006161 | | | FN MA4562 | 0.005854 | | | US TREASURY N/B | 0.005821 | | | US TREASURY N/B | 0.005536 | | | US TREASURY N/B | 0.005466 | | | US TREASURY N/B | 0.004746 | | | Uniform Mortgage-Backed Security, TBA | 0.004404 | | | NRG TERM B 1LN 04/16/2031 | 0.004157 | | | TREASURY RESERVE FUND - Collateral | 0.004013 | | | US TREASURY N/B | 0.003995 | | | Uniform Mortgage-Backed Security, TBA | 0.003683 | | | US TREASURY N/B | 0.003667 | | | US TREASURY N/B | 0.003659 | | | US TREASURY N/B | 0.003607 | | | Uniform Mortgage-Backed Security, TBA | 0.003580 | | | US TREASURY N/B | 0.003540 | | | FN MA4208 | 0.003443 | | | GNII II 5.5% 03/01/2056 #TBA | 0.003397 | | | FR SD8140 | 0.003061 | | | HILTON DOMESTIC OPERATIN | 0.002946 | | | CITSEC TL B 1L USD | 0.002919 | | | US TREASURY N/B | 0.002831 | | | US TREASURY N/B | 0.002809 | | | G2 MA7935 | 0.002792 | | | FREDDIE MAC POOL | 0.002655 | | | WELLS FARGO CO | 0.002551 | | ## Sources - N-PORT (fund A) — accession `0001099263-25-005063` (as of 2025-10-31) - N-PORT (fund B) — accession `0001099263-26-004380` (as of 2026-02-28) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _