T. Rowe Price Dynamic Global Bond Z (TRDZX)

Fund Assets	4.66B
Expense Ratio	0.00%
Min. Investment	$2,500
Turnover	69.70%
Dividend (ttm)	0.49
Dividend Yield	6.53%
Dividend Growth	6.59%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 30, 2026

Previous Close	7.55
YTD Return	3.52%
1-Year Return	4.47%
5-Year Return	10.93%
52-Week Low	7.29
52-Week High	7.65
Beta (5Y)	n/a
Holdings	362
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.

• Fund Family: T. Rowe Price
• Category: Unclassified
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: TRDZX
• Share Class: -z Class
• Index: ICE BofA US 3-Month T Bill TR IX

Performance

TRDZX had a total return of 4.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.89%.

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%

Top 10 Holdings

52.99% of assets

Name	Symbol	Weight
United Kingdom of Great Britain and Northern Ireland 4.375%	UKT.4.375 03.07.28	12.91%
T. Rowe Price Gov. Reserve	TRPGRIA	10.26%
United States Treasury Notes 4.125%	T.4.125 10.31.26	5.56%
United States Treasury Notes 1.25%	TII.1.25 04.15.31	5.35%
United Kingdom of Great Britain and Northern Ireland 4.375%	UKT.4.375 07.31.54	3.56%
New Zealand (Government Of) 4.25%	NZGB.4.25 05.15.36 0536	3.38%
United Kingdom of Great Britain and Northern Ireland 4.125%	UKT.4.125 03.07.31	3.18%
Norway (Kingdom Of) 1.25%	NGB.1.25 09.17.31 483	3.08%
United Kingdom of Great Britain and Northern Ireland 4.5%	UKT.4.5 03.07.35	3.04%
Mexico (United Mexican States) 7.5%	MBONO.7.5 05.26.33 M	2.68%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 30, 2026	$0.04217	Oct 30, 2026
Sep 30, 2026	$0.0333	Sep 30, 2026
Aug 31, 2026	$0.03403	Aug 31, 2026
Jul 31, 2026	$0.04419	Jul 31, 2026
Jun 30, 2026	$0.04442	Jun 30, 2026
May 29, 2026	$0.04027	May 29, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Nov 5, 2026

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