T. Rowe Price Intl Bd (USD Hdgd) Z (TRMZX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.55
0.00 (0.00%)
Aug 21, 2025, 9:30 AM EDT
Fund Assets7.18B
Expense Ration/a
Min. Investment$500,000
Turnover54.50%
Dividend (ttm)0.34
Dividend Yield3.95%
Dividend Growth15.51%
Payout FrequencyMonthly
Ex-Dividend Daten/a
Previous Close8.55
YTD Return0.84%
1-Year Return2.43%
5-Year Return3.14%
52-Week Low8.44
52-Week High8.60
Beta (5Y)0.24
Holdings423
Inception DateMar 16, 2020

About TRMZX

T. Rowe Price International Bond Fund (USD Hedged) Z Class is an open-end mutual fund focused on providing current income and capital appreciation. Its strategy centers on investing at least 80% of assets in non-U.S. dollar-denominated bonds, while actively hedging currency exposure so that a minimum of 80% of net assets remain in U.S. dollar terms. This approach aims to reduce the impact of currency fluctuations on returns, making it suitable for investors seeking international diversification without the volatility associated with foreign exchange movements. The fund holds a diverse portfolio across sovereign, quasi-government, and corporate issuers from both developed and emerging markets, with a bias toward investment-grade credit quality and moderate interest rate sensitivity. Managed by a team at T. Rowe Price with a strong track record in global fixed income, the fund plays a significant role in broadening exposure beyond domestic bond markets while controlling for currency risk. It appeals primarily to institutions and individuals who want access to global bond markets, risk-mitigated through currency hedging and professional management, as part of a diversified fixed income allocation.

Fund Family T. Rowe Price
Category World Bond-USD Hedged
Stock Exchange NASDAQ
Ticker Symbol TRMZX
Share Class -z Class
Index Bloomberg Global Aggr ex-USD Hedged TR

Performance

TRMZX had a total return of 2.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.68%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
TNBMX-i Class0.53%
TTABX-advisor Class0.99%

Top 10 Holdings

24.80% of assets
NameSymbolWeight
Trp Government Reserven/a5.60%
Japan (Government Of) 0.005%n/a2.75%
United Kingdom of Great Britain and Northern Ireland 4.375%UKT.4.375 07.31.542.58%
United States Treasury Notes 3.5%T.3.5 09.15.252.33%
Canada (Government of) 4%CANRRB.4 12.01.31 CPI2.09%
Germany (Federal Republic Of) 0.5%n/a2.05%
Belgium (Kingdom Of) 1%BGB.1 06.22.31 751.95%
France (Republic Of) 1.25%n/a1.94%
United States Treasury Bills 0%B.0 07.10.251.85%
Czech (Republic of) 1.5%CZGB.1.5 04.24.40 1251.65%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jul 31, 2025$0.0309Jul 31, 2025
Jun 30, 2025$0.03027Jun 30, 2025
May 30, 2025$0.03306May 30, 2025
Apr 30, 2025$0.03156Apr 30, 2025
Mar 31, 2025$0.02612Mar 31, 2025
Feb 28, 2025$0.02481Feb 28, 2025
Full Dividend History