<SEC-DOCUMENT>0001206774-14-003161-index.html : 20141030
<SEC-HEADER>0001206774-14-003161.hdr.sgml : 20141030
<ACCEPTANCE-DATETIME>20141030135231
ACCESSION NUMBER:		0001206774-14-003161
CONFORMED SUBMISSION TYPE:	N-Q
PUBLIC DOCUMENT COUNT:		47
CONFORMED PERIOD OF REPORT:	20140831
FILED AS OF DATE:		20141030
DATE AS OF CHANGE:		20141030
EFFECTIVENESS DATE:		20141030

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			T. Rowe Price New Income Fund, Inc.
		CENTRAL INDEX KEY:			0000080249
		IRS NUMBER:				520980581
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0531

	FILING VALUES:
		FORM TYPE:		N-Q
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-02396
		FILM NUMBER:		141182626

	BUSINESS ADDRESS:	
		STREET 1:		100 EAST PRATT STREET
		CITY:			BALTIMORE
		STATE:			MD
		ZIP:			21202
		BUSINESS PHONE:		410-345-2000

	MAIL ADDRESS:	
		STREET 1:		100 EAST PRATT STREET
		CITY:			BALTIMORE
		STATE:			MD
		ZIP:			21202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PRICE T ROWE NEW INCOME FUND INC
		DATE OF NAME CHANGE:	19940727
<SERIES-AND-CLASSES-CONTRACTS-DATA>
<EXISTING-SERIES-AND-CLASSES-CONTRACTS>
<SERIES>
<OWNER-CIK>0000080249
<SERIES-ID>S000002136
<SERIES-NAME>T. Rowe Price New Income Fund, Inc.
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000005529
<CLASS-CONTRACT-NAME>T. Rowe Price New Income Fund, Inc.
<CLASS-CONTRACT-TICKER-SYMBOL>PRCIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000005530
<CLASS-CONTRACT-NAME>T. Rowe Price New Income Fund-Advisor Class
<CLASS-CONTRACT-TICKER-SYMBOL>PANIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000005531
<CLASS-CONTRACT-NAME>T. Rowe Price New Income Fund-R Class
<CLASS-CONTRACT-TICKER-SYMBOL>RRNIX
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-Q
<SEQUENCE>1
<FILENAME>nqnif.htm
<DESCRIPTION>QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS
<TEXT>
Document 1 - file: nqnif.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.CERT <SEQUENCE>2 <FILENAME>ex-99cert.htm <DESCRIPTION>CERTIFICATIONS <TEXT> Document 2 - file: ex-99cert.htm
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>3 <FILENAME>titlebar_formnq.gif <DESCRIPTION>GRAPHIC <TEXT> Document 3 - file: titlebar_formnq.gif
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>4 <FILENAME>nqnifx2x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 4 - file: nqnifx2x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>5 <FILENAME>nqnifx3x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 5 - file: nqnifx3x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>6 <FILENAME>nqnifx4x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 6 - file: nqnifx4x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>7 <FILENAME>nqnifx5x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 7 - file: nqnifx5x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>8 <FILENAME>nqnifx6x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 8 - file: nqnifx6x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>9 <FILENAME>nqnifx7x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 9 - file: nqnifx7x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>10 <FILENAME>nqnifx8x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 10 - file: nqnifx8x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>11 <FILENAME>nqnifx9x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 11 - file: nqnifx9x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>12 <FILENAME>nqnifx10x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 12 - file: nqnifx10x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>13 <FILENAME>nqnifx11x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 13 - file: nqnifx11x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>14 <FILENAME>nqnifx12x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 14 - file: nqnifx12x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>15 <FILENAME>nqnifx13x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 15 - file: nqnifx13x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>16 <FILENAME>nqnifx14x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 16 - file: nqnifx14x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>17 <FILENAME>nqnifx15x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 17 - file: nqnifx15x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>18 <FILENAME>nqnifx16x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 18 - file: nqnifx16x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>19 <FILENAME>nqnifx17x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 19 - file: nqnifx17x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>20 <FILENAME>nqnifx18x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 20 - file: nqnifx18x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>21 <FILENAME>nqnifx19x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 21 - file: nqnifx19x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>22 <FILENAME>nqnifx20x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 22 - file: nqnifx20x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>23 <FILENAME>nqnifx21x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 23 - file: nqnifx21x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>24 <FILENAME>nqnifx22x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 24 - file: nqnifx22x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>25 <FILENAME>nqnifx23x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 25 - file: nqnifx23x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>26 <FILENAME>nqnifx24x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 26 - file: nqnifx24x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>27 <FILENAME>nqnifx25x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 27 - file: nqnifx25x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>28 <FILENAME>nqnifx26x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 28 - file: nqnifx26x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>29 <FILENAME>nqnifx27x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 29 - file: nqnifx27x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>30 <FILENAME>nqnifx28x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 30 - file: nqnifx28x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>31 <FILENAME>nqnifx29x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 31 - file: nqnifx29x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>32 <FILENAME>nqnifx30x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 32 - file: nqnifx30x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>33 <FILENAME>nqnifx31x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 33 - file: nqnifx31x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>34 <FILENAME>nqnifx32x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 34 - file: nqnifx32x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>35 <FILENAME>nqnifx33x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 35 - file: nqnifx33x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>36 <FILENAME>nqnifx34x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 36 - file: nqnifx34x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>37 <FILENAME>nqnifx35x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 37 - file: nqnifx35x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>38 <FILENAME>nqnifx36x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 38 - file: nqnifx36x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>39 <FILENAME>nqnifx37x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 39 - file: nqnifx37x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>40 <FILENAME>nqnifx38x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 40 - file: nqnifx38x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>41 <FILENAME>nqnifx39x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 41 - file: nqnifx39x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>42 <FILENAME>nqnifx40x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 42 - file: nqnifx40x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>43 <FILENAME>nqnifx41x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 43 - file: nqnifx41x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>44 <FILENAME>nqnifx42x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 44 - file: nqnifx42x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>45 <FILENAME>nqnifx43x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 45 - file: nqnifx43x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>46 <FILENAME>nqnifx44x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 46 - file: nqnifx44x1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>47 <FILENAME>nqnifx47x1.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 47 - file: nqnifx47x1.jpg
</DOCUMENT> </SEC-DOCUMENT>