T. Rowe Price Dynamic Global Bond Z (TRDZX)
| Fund Assets | 4.05B |
| Expense Ratio | n/a |
| Min. Investment | $2,500 |
| Turnover | 66.40% |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 5.86% |
| Dividend Growth | 15.73% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 7.77 |
| YTD Return | 1.10% |
| 1-Year Return | 5.14% |
| 5-Year Return | 9.81% |
| 52-Week Low | 7.60 |
| 52-Week High | 7.86 |
| Beta (5Y) | n/a |
| Holdings | 396 |
| 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 5.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.60%.
Top 10 Holdings
54.86% of assets| Name | Symbol | Weight |
|---|---|---|
| UNITED STATES TREASURY NOTE/BOND | n/a | 8.66% |
| T. Rowe Price Government Reserve Fund - Collateral | n/a | 8.28% |
| UNITED STATES TREASURY NOTE/BOND | n/a | 6.20% |
| UNITED STATES TREASURY NOTE/BOND | n/a | 6.01% |
| UNITED STATES TREASURY INFLATION INDEXED BONDS | TII.0.125 04.15.25 | 5.60% |
| DEUTSCHE BUNDESREPUBLIK INFLATION LINKED BOND | n/a | 4.96% |
| UNITED STATES TREASURY NOTE/BOND | T.3 07.15.25 | 4.85% |
| UNITED STATES TREASURY BILL | B.0 05.15.25 | 4.41% |
| BRAZIL NOTAS DO TESOURO NACIONAL SERIE F | n/a | 2.98% |
| THAILAND GOVERNMENT BOND | n/a | 2.91% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.03775 | Jun 30, 2025 |
| May 30, 2025 | $0.04276 | May 30, 2025 |
| Apr 30, 2025 | $0.04449 | Apr 30, 2025 |
| Mar 31, 2025 | $0.04252 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03866 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03676 | Jan 31, 2025 |