T. Rowe Price Inflation Protected Bond I (TIIPX)
| Fund Assets | 489.04M |
| Expense Ratio | 0.22% |
| Min. Investment | $500,000 |
| Turnover | 160.50% |
| Dividend (ttm) | 0.52 |
| Dividend Yield | 4.81% |
| Dividend Growth | -17.87% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 10.73 |
| YTD Return | 6.22% |
| 1-Year Return | 0.98% |
| 5-Year Return | -2.89% |
| 52-Week Low | 10.07 |
| 52-Week High | 10.76 |
| Beta (5Y) | n/a |
| Holdings | 57 |
| Inception Date | Dec 17, 2015 |
About TIIPX
T. Rowe Price Inflation Protected Bond Fund I Class is an institutional mutual fund that primarily invests in inflation-protected debt securities, aiming to provide both inflation protection and consistent income. The fund typically allocates at least 80% of its net assets to inflation-protected bonds, with a significant focus on U.S. Treasury Inflation-Protected Securities (TIPS), though it can also include comparable securities issued by U.S. government agencies and corporations, all of which must be investment grade. A smaller portion of the portfolio may be invested in other high-quality fixed-income securities or preferred stock. The fund is managed by T. Rowe Price's experienced fixed-income team, and its performance is benchmarked against the Bloomberg US TIPS Index. With a weighted average maturity of approximately 7.4 years and an effective duration near 6.8 years, it offers moderate interest rate sensitivity alongside its inflation-linked features. The fund plays a key role in institutional portfolios seeking to hedge against inflation while maintaining exposure to high-quality, government-backed debt instruments, illustrating its importance within the broader market for inflation-sensitive fixed income solutions.
Performance
TIIPX had a total return of 0.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.18%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
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 |
Top 10 Holdings
47.46% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 1.75% | TII.1.75 01.15.34 | 8.30% |
| United States Treasury Notes 1.375% | TII.1.375 07.15.33 | 7.31% |
| United States Treasury Notes 2.375% | TII.2.375 10.15.28 | 5.61% |
| United States Treasury Notes 0.125% | TII.0.125 10.15.26 | 5.34% |
| United States Treasury Notes 2.125% | TII.2.125 04.15.29 | 3.97% |
| United States Treasury Notes 0.5% | TII.0.5 01.15.28 | 3.77% |
| United States Treasury Notes 0.125% | TII.0.125 07.15.30 | 3.53% |
| United States Treasury Notes 0.125% | TII.0.125 01.15.31 | 3.34% |
| United States Treasury Notes 1.625% | TII.1.625 10.15.27 | 3.17% |
| United States Treasury Notes 1.625% | TII.1.625 10.15.29 | 3.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.01432 | Sep 30, 2025 |
| Aug 29, 2025 | $0.01584 | Aug 29, 2025 |
| Jul 31, 2025 | $0.01548 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01447 | Jun 30, 2025 |
| May 30, 2025 | $0.01583 | May 30, 2025 |
| Apr 30, 2025 | $0.01511 | Apr 30, 2025 |