About TRLDX
T. Rowe Price Limited Duration Inflation Focused Bond Fund I Class is a mutual fund designed to provide investors with a level of income that keeps pace with the current rate of inflation. It primarily targets short- and intermediate-term investment-grade bonds, emphasizing securities linked to inflation such as Treasury Inflation Protected Securities (TIPS). The fund normally allocates at least 80% of its net assets to bonds, with a minimum of 20% invested in inflation-linked securities, although it typically exceeds this threshold. Additionally, the portfolio includes corporate, government, mortgage-backed, and asset-backed securities, adhering to high credit standards by purchasing bonds rated within the top four categories or deemed to be of comparable quality by the adviser. Its average effective maturity generally ranges from one to seven years. The fund aims to minimize fluctuations in principal value while maintaining liquidity, making it well-suited for investors seeking protection against inflation with limited interest rate sensitivity. It features monthly dividend distributions and benchmarks its performance against the Bloomberg US 1-5 Year Treasury TIPS Index, underscoring its focus on inflation-related fixed income strategies within the short-duration space.
Fund Family T. Rowe Price
Category Short-Term Inflation-Protected Bond
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol TRLDX
Share Class T. Rowe Price Limited Duration Inflation Focused Bond Fund-i Class
Index Bloomberg 1-5 Y US Treasury TIPS TR
TRLDX had a total return of 6.33% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.86%.
