T. Rowe Price Inflation Protected Bond I (TIIPX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.63
+0.06 (0.57%)
Aug 22, 2025, 4:00 PM EDT
0.57%
Fund Assets484.73M
Expense Ratio0.22%
Min. Investment$500,000
Turnover160.50%
Dividend (ttm)0.52
Dividend Yield4.90%
Dividend Growthn/a
Payout FrequencyMonthly
Ex-Dividend DateJul 31, 2025
Previous Close10.57
YTD Return5.13%
1-Year Return0.27%
5-Year Return-3.65%
52-Week Low10.07
52-Week High10.88
Beta (5Y)n/a
Holdings56
Inception DateDec 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.

Fund Family T. Rowe Price
Category Inflation-Protected Bond
Stock Exchange NASDAQ
Ticker Symbol TIIPX
Share Class T. Rowe Price Inflation Protected Bond Fund-i Class
Index Bloomberg U.S. TIPS TR

Performance

TIIPX had a total return of 0.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.10%.

Equivalent Funds

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

SymbolProviderNameExpense Ratio
VAIPXVanguardVanguard Inflation-Protected Securities Fund0.10%
VIPIXVanguardVanguard Inflation-Protected Secs I0.07%

Other Share Classes

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

SymbolShare ClassExpense Ratio
TRZHXT. Rowe Price Inflation Protected Bond Fund-z Classn/a

Top 10 Holdings

46.80% of assets
NameSymbolWeight
United States Treasury Notes 1.75%TII.1.75 01.15.348.37%
United States Treasury Notes 1.375%TII.1.375 07.15.337.15%
United States Treasury Notes 2.375%TII.2.375 10.15.285.51%
United States Treasury Notes 0.125%TII.0.125 10.15.265.41%
United States Treasury Notes 2.125%TII.2.125 04.15.293.94%
United States Treasury Notes 0.5%TII.0.5 01.15.283.90%
United States Treasury Notes 0.125%TII.0.125 01.15.313.25%
United States Treasury Notes 1.625%TII.1.625 10.15.273.12%
United States Treasury Notes 0.125%TII.0.125 04.15.273.08%
United States Treasury Notes 1.625%TII.1.625 10.15.293.08%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jul 31, 2025$0.01548Jul 31, 2025
Jun 30, 2025$0.01447Jun 30, 2025
May 30, 2025$0.01583May 30, 2025
Apr 30, 2025$0.01511Apr 30, 2025
Mar 31, 2025$0.01465Mar 31, 2025
Feb 28, 2025$0.01407Feb 28, 2025
Full Dividend History