PTKIX Fees and Costs — T. Rowe Price Total Return Fund, I Class
Data updated: 2026-08-12
The net expense ratio is 0.32%: a 0.30% management fee plus 0.08% other expenses, less a 0.06% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $54K in broker commissions, 0.0084% of average net assets, and portfolio turnover was 173%.
PTKIX Fees and Expenses
Annual operating expenses and sales charges of PTKIX. Prospectus, as of July 27, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.08% |
| Gross expense ratio | 0.38% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.32% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
PTKIX Costs Over Time
On $10,000 invested in PTKIX, assuming 5% a year before costs, total costs come to $208 over 5 years, cutting the return by 0.34% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.32%) | $34 | $106 | $184 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $5 | $19 |
| Total costs | $34 | $114 | $208 |
| Value after costs | $10,466 | $11,463 | $12,555 |
| Impact on return, per year | 0.34% | 0.34% | 0.34% |
PTKIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0084%
- Total broker commissions: $54K
- Bought from dealers (principal trades, not a cost): $2.3B
- Portfolio turnover (prospectus): 173%
- Securities on loan, average value: $4.6M
- Net income from securities lending: $18K (0.003% of average net assets)
PTKIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $16K | 29.66% |
| MORGAN STANLEY & CO. LLC | $12K | 22.94% |
| J.P. MORGAN SECURITIES LLC | $12K | 22.35% |
| Citigroup Inc. | $10K | 18.87% |
| BOFA SECURITIES, INC. | $3K | 5.45% |
| Deutsche Bank Securities Inc. | $389 | 0.72% |
| Virtu ITG Hong Kong Limited | $7 | 0.01% |
PTKIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $392.3M | 20.54% |
| WELLS FARGO SECURITIES, LLC | $389.3M | 20.38% |
| MORGAN STANLEY & CO. LLC | $327.8M | 17.16% |
| Citigroup Inc. | $157.0M | 8.22% |
| STONEX FINANCIAL INC. | $156.7M | 8.20% |
| J.P. MORGAN SECURITIES LLC | $127.6M | 6.68% |
| BARCLAYS CAPITAL INC. | $110.8M | 5.80% |
| BOFA SECURITIES, INC. | $97.6M | 5.11% |
| BNP PARIBAS | $81.6M | 4.27% |
| BMO Capital Markets Corp. | $69.1M | 3.62% |
T. Rowe Price Total Return Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PTKIX | I Class | 0.32% | — |
| PTTFX | T. Rowe Price Total Return Fund | 0.46% | — |
| PTATX | Advisor Class | 0.75% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.