T. Rowe Price QM U.S. Bond Index Fund (PBDIX)
| Fund Assets | 2.48B |
| Expense Ratio | 0.25% |
| Min. Investment | $2,500 |
| Turnover | 67.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 4.34% |
| Dividend Growth | 1.65% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.45 |
| YTD Return | -1.07% |
| 1-Year Return | 2.75% |
| 5-Year Return | -4.81% |
| 52-Week Low | 9.44 |
| 52-Week High | 9.85 |
| Beta (5Y) | 0.24 |
| Holdings | 1659 |
| Inception Date | Nov 30, 2000 |
About PBDIX
T. Rowe Price QM U.S. Bond Index Fund is an intermediate core bond mutual fund designed to closely replicate or modestly exceed the performance of the U.S. investment-grade bond market. Its primary objective is to provide a total return that aligns with its benchmark, the Bloomberg U.S. Aggregate Bond Index, which represents a broad spectrum of U.S. dollar-denominated, fixed-rate, investment-grade bonds including government, agency, mortgage- and asset-backed, and corporate bonds. The fund employs a quantitative, index-oriented strategy but may make incremental adjustments to optimize returns net of expenses, while maintaining a cost advantage with a low expense ratio. It typically maintains high credit quality with moderate interest rate sensitivity, reflected in a weighted average duration around six to nine years. The fund holds a large, diversified portfolio with a significant portion in U.S. Treasuries and government-backed securities, offering investors exposure to the core of the domestic fixed income market. Established in 2000, it plays a key role for investors seeking broad, passive exposure to U.S. investment-grade bonds for diversification and income within a balanced portfolio.
Performance
PBDIX had a total return of 2.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.52%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03415 | Jun 30, 2026 |
| May 29, 2026 | $0.03448 | May 29, 2026 |
| Apr 30, 2026 | $0.03373 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03361 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03211 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03453 | Jan 30, 2026 |