RPSIX Fees and Costs — T. Rowe Price Spectrum Income Fund
Data updated: 2026-08-27
The net expense ratio is 0.61% (0.69% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $831K in broker commissions, 0.0139% of average net assets, and portfolio turnover was 88%.
RPSIX Fees and Expenses
Annual operating expenses and sales charges of RPSIX. Prospectus, as of February 25, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.61% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.69% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.61% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
RPSIX Costs Over Time
On $10,000 invested in RPSIX, assuming 5% a year before costs, total costs come to $393 over 5 years, cutting the return by 0.66% 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 0.61%) | $64 | $201 | $349 |
| Trading costs (broker commissions) | $1 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $66 | $215 | $393 |
| Value after costs | $10,434 | $11,361 | $12,370 |
| Impact on return, per year | 0.66% | 0.66% | 0.66% |
RPSIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0139%
- Total broker commissions: $831K
- Bought from dealers (principal trades, not a cost): $680.9M
- Portfolio turnover (prospectus): 88%
- Securities lending: none during the year
RPSIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jane Street Execution Services, LLC | $363K | 43.68% |
| GOLDMAN SACHS & CO. LLC | $313K | 37.69% |
| J.P. MORGAN SECURITIES LLC | $77K | 9.29% |
| BOFA SECURITIES, INC. | $62K | 7.44% |
| Citigroup Inc. | $11K | 1.38% |
| MORGAN STANLEY & CO. LLC | $4K | 0.52% |
RPSIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $95.7M | 20.18% |
| BOFA SECURITIES, INC. | $65.6M | 13.85% |
| WELLS FARGO SECURITIES, LLC | $54.0M | 11.40% |
| MORGAN STANLEY & CO. LLC | $44.9M | 9.47% |
| CITADEL SECURITIES INSTITUTIONAL LLC | $39.8M | 8.40% |
| BARCLAYS CAPITAL INC. | $38.2M | 8.06% |
| GOLDMAN SACHS & CO. LLC | $35.9M | 7.58% |
| Citigroup Inc. | $35.8M | 7.56% |
| Deutsche Bank Securities Inc. | $32.8M | 6.93% |
| BNP PARIBAS | $31.1M | 6.57% |
T. Rowe Price Spectrum Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TSPNX | I Class | 0.46% | — |
| RPSIX | T. Rowe Price Spectrum Income Fund | 0.61% | — |
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.