T. Rowe Price Dynamic Global Bond Z (TRDZX)
| Fund Assets | 4.07B |
| Expense Ratio | n/a |
| Min. Investment | $0.00 |
| Turnover | 66.40% |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 5.98% |
| Dividend Growth | 9.31% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 7.68 |
| YTD Return | -0.45% |
| 1-Year Return | 1.33% |
| 5-Year Return | 7.76% |
| 52-Week Low | 7.67 |
| 52-Week High | 7.86 |
| Beta (5Y) | n/a |
| Holdings | 267 |
| Inception Date | Mar 16, 2020 |
About TRDZX
The T. Rowe Price Dynamic Global Bond Fund Z is an actively managed mutual fund focusing on a diverse portfolio of global fixed income securities. Designed to deliver high current income with the flexibility to respond to changing market conditions, the fund employs a dynamic approach that goes beyond traditional bond strategies. It invests broadly across sovereign, inflation-linked, and corporate bonds from both developed and emerging markets, often taking opportunistic positions in currencies and credit markets, including the use of short exposures. The fund is structured to provide consistent returns throughout fixed income market cycles and aims to preserve capital while maintaining a controlled risk profile. Notable features include a focus on downside risk management, particularly in rising interest rate environments, and a low correlation with riskier asset classes during market stress. The Z class is tailored for institutional investors and features a lower expense ratio. This fund plays a significant role for investors seeking diversified fixed income exposure, income generation, and risk mitigation within a global, actively managed framework.
Performance
TRDZX had a total return of 1.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.21%.
Top 10 Holdings
53.35% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 3.5% | T.3.5 09.15.25 | 9.86% |
| United States Treasury Notes 0.25% | T.0.25 10.31.25 | 7.65% |
| Japan (Government Of) 1% | JGB.0.1 06.20.30 359 | 7.48% |
| Deutsche Bundesrepublik Inflation Linked Bond | n/a | 5.33% |
| United States Treasury Notes 0.375% | T.0.375 11.30.25 | 4.82% |
| United States Treasury Notes 4.25% | T.4.25 10.15.25 | 4.42% |
| United States Treasury Bills 0% | B.0 09.30.25 | 4.15% |
| United States Treasury Bills 0% | B.0 11.18.25 | 3.34% |
| Secretaria Do Tesouro Nacional 10% | BNTNF.10 01.01.31 NTNF | 3.27% |
| Thailand (Kingdom Of) 1.25% | THAIGB.1.25 03.12.28 ILB | 3.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.03092 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03848 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03733 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03775 | Jun 30, 2025 |
| May 30, 2025 | $0.04276 | May 30, 2025 |
| Apr 30, 2025 | $0.04449 | Apr 30, 2025 |