T. Rowe Price Inflation Protected Bond Fund (PRIPX)

Fund Assets	545.22M
Expense Ratio	0.43%
Min. Investment	$500,000
Turnover	24.30%
Dividend (ttm)	0.50
Dividend Yield	5.03%
Dividend Growth	2.03%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.98
YTD Return	-1.49%
1-Year Return	-2.08%
5-Year Return	-6.96%
52-Week Low	9.91
52-Week High	10.76
Beta (5Y)	0.18
Holdings	51
Inception Date	Oct 31, 2002

About PRIPX

T. Rowe Price Inflation Protected Bond Fund is an open-end mutual fund designed to provide investors with a combination of inflation protection and income. Its primary function is to invest at least 80% of its assets in inflation-protected debt securities, focusing predominantly on U.S. Treasury Inflation-Protected Securities (TIPS), but it may also include similar bonds from U.S. government agencies and select corporations. The fund plays a crucial role for investors seeking to preserve purchasing power amidst rising prices, as its bond holdings are structured to adjust for inflation. The fund is characterized by a high allocation to government securities, with nearly half of its assets concentrated in its top ten holdings, which are primarily U.S. Treasury notes. T. Rowe Price Inflation Protected Bond Fund typically appeals to investors concerned about inflationary pressures and offers exposure largely within the fixed income sector. Managed since 2002, the fund is noted for its cost efficiency relative to peers, and it has a moderate duration, aiming to balance credit quality with interest rate sensitivity. It serves as a specialized vehicle within the broader bond market, targeting both income generation and inflation mitigation over time.

• Fund Family: T. Rowe Price
• Category: Inflation-Protected Bond
• Performance Rating: Below Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PRIPX
• Index: Bloomberg U.S. TIPS TR

Performance

PRIPX had a total return of -2.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.24%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VAIPX	Vanguard	Vanguard Inflation-Protected Secs Adm	0.10%
VIPIX	Vanguard	Vanguard Inflation-Protected Secs I	0.07%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
TRZHX	T. Rowe Price Inflation Protected Bond Fund-z Class	n/a
TIIPX	T. Rowe Price Inflation Protected Bond Fund-i Class	0.22%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.01266	Sep 30, 2026
Aug 31, 2026	$0.01211	Aug 31, 2026
Jul 31, 2026	$0.01385	Jul 31, 2026
Jun 30, 2026	$0.01277	Jun 30, 2026
May 29, 2026	$0.01292	May 29, 2026
Apr 30, 2026	$0.01254	Apr 30, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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