T. Rowe Price Dynamic Global Bond Fund Investor Class (RPIEX)

Fund Assets	4.71B
Expense Ratio	0.74%
Min. Investment	$0.00
Turnover	69.70%
Dividend (ttm)	0.44
Dividend Yield	5.78%
Dividend Growth	8.82%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	7.57
YTD Return	1.99%
1-Year Return	1.64%
5-Year Return	6.08%
52-Week Low	7.31
52-Week High	7.80
Beta (5Y)	-0.05
Holdings	326
Inception Date	Jan 22, 2015

About RPIEX

T. Rowe Price Dynamic Global Bond Fund Investor Class is a mutual fund specializing in global fixed-income investments. Its primary objective is to seek high current income by strategically investing at least 80% of its assets in bonds, encompassing a diverse mix of debt instruments such as government and corporate bonds, mortgage- and asset-backed securities, and bank loans issued by U.S. and non-U.S. entities. The fund adopts an unconstrained, research-driven approach, blending duration management with tactical trades and defensive hedges to exploit inefficiencies in global bond and currency markets. Notably, it can hold up to 30% of assets in high yield (junk) bonds and limits foreign currency exposure to half of its net assets, providing controlled international diversification. The fund’s portfolio often spans developed and emerging markets, with a moderate credit risk profile and limited interest rate sensitivity. It distributes income monthly, has a medium expense ratio, and is positioned within the nontraditional bond category, appealing to investors seeking diversification and a low correlation with traditional equity markets.

• Fund Family: T. Rowe Price
• Category: Nontraditional Bond
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: RPIEX
• Index: ICE BofA US 3-Month T Bill TR IX

Performance

RPIEX had a total return of 1.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.76%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
RPEIX	-i Class	0.52%
PAIEX	-advisor Class	0.90%
TRDZX	-z Class	n/a

Top 10 Holdings

48.79% of assets

Name	Symbol	Weight
United Kingdom of Great Britain and Northern Ireland 4.375%	UKT.4.375 03.07.28	12.80%
T. Rowe Price Gov. Reserve	TRPGRIA	6.28%
United States Treasury Notes 1.25%	TII.1.25 04.15.31	5.42%
United Kingdom of Great Britain and Northern Ireland 4.375%	UKT.4.375 07.31.54	3.75%
Mexico (United Mexican States) 7.5%	MBONO.7.5 05.26.33 M	3.71%
New Zealand (Government Of) 4.25%	NZGB.4.25 05.15.36 0536	3.53%
United States Treasury Notes 1.875%	T.1.875 07.31.26	3.49%
United States Treasury Notes 4.375%	T.4.375 07.31.26	3.48%
United Kingdom of Great Britain and Northern Ireland 4.125%	UKT.4.125 03.07.31	3.21%
United Kingdom of Great Britain and Northern Ireland 4.5%	UKT.4.5 03.07.35	3.11%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.03919	Jul 31, 2026
Jun 30, 2026	$0.03973	Jun 30, 2026
May 29, 2026	$0.03547	May 29, 2026
Apr 30, 2026	$0.03699	Apr 30, 2026
Mar 31, 2026	$0.03183	Mar 31, 2026
Feb 27, 2026	$0.03338	Feb 27, 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:

Aug 26, 2026

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