T. Rowe Price Dynamic Credit Z (TRCDX)

Fund Assets	1.35B
Expense Ratio	0.00%
Min. Investment	$0.00
Turnover	130.10%
Dividend (ttm)	0.70
Dividend Yield	8.73%
Dividend Growth	-0.91%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 30, 2026

Previous Close	8.05
YTD Return	n/a
1-Year Return	n/a
5-Year Return	n/a
52-Week Low	8.04
52-Week High	8.79
Beta (5Y)	n/a
Holdings	388
Inception Date	Sep 13, 2023

About TRCDX

The T. Rowe Price Dynamic Credit Fund - Class Z is a mutual fund that focuses on delivering total return through a combination of income generation and capital appreciation. Its primary function is to invest at least 80% of its net assets in a diverse array of credit instruments and related derivatives, offering broad exposure across global credit markets. Designed with flexibility in mind, the fund allocates assets both long and short across traditional and non-traditional credit sectors without strict constraints to any benchmark, asset class, or industry. This approach enables the fund to pursue high-conviction opportunities that arise from shifting macroeconomic conditions. It aims to provide investors with attractive, risk-adjusted returns throughout various market cycles, while also striving to preserve capital in periods of market volatility. The portfolio typically consists of a concentrated mix of holdings, seeking to outperform both equities and high yield products during market stress. The fund pays out dividends monthly, further emphasizing its role as an income-oriented investment option.

• Fund Family: T. Rowe Price
• Category: Unclassified
• Performance Rating: Above Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: TRCDX
• Share Class: -z Class
• Index: ICE BofA 0-3 Month US Treasury Bill TR USD

Other Share Classes

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

Symbol	Share Class	Expense Ratio
RPELX	-i Class	0.55%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 30, 2026	$0.06808	Oct 30, 2026
Sep 30, 2026	$0.06365	Sep 30, 2026
Aug 31, 2026	$0.05449	Aug 31, 2026
Jul 31, 2026	$0.06552	Jul 31, 2026
Jun 30, 2026	$0.04633	Jun 30, 2026
May 29, 2026	$0.04974	May 29, 2026

Data Sources: Tiingo and Finnhub

Historical data is provided by Tiingo. Several fund data points are also provided by Finnhub.

Last checked:

Nov 13, 2026

Data Sources Report a data error