T. Rowe Price New Income Fund
On page 2, the first sentence under Principal Investment Strategies is replaced with the following:
The fund will invest at least 80% of its net assets in income-producing securities, which may include, but are not limited to, U.S. government and agency obligations, mortgage- and asset-backed securities (including commercial mortgage- backed securities), corporate bonds, foreign bonds, and Treasury inflation protected securities.
F43-041 7/8/19