About TRPZX
T. Rowe Price Limited Duration Inflation Focused Bond Fund Inc. Z Class is a mutual fund designed to provide investors with a high level of income while maintaining minimal fluctuations in principal value. Its primary focus is on short- and intermediate-term investment-grade inflation-linked securities, notably including U.S. Treasury Inflation Protected Securities (TIPS). The fund typically invests at least 80% of its assets in bonds and maintains at least 20% of its holdings in inflation-linked securities, although it often exceeds this proportion. The portfolio may also include corporate, government, mortgage-backed, asset-backed, and selected foreign securities, with the option to invest in money market assets and bank obligations for added diversification. The fund benchmarks its performance against the Bloomberg U.S. 1-5 Year Treasury TIPS Index, underscoring its role in helping investors protect purchasing power against rising inflation. Launched in 2020, this fund aims to offer steady, inflation-adjusted income, making it relevant for those seeking stability and inflation mitigation within the fixed income segment of the financial market.
Fund Family T. Rowe Price
Category Short-Term Inflation-Protected Bond
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol TRPZX
Share Class T. Rowe Price Limited Duration Inflation Focused Bond Fund-z Class
Index Bloomberg 1-5 Y US Treasury TIPS TR
TRPZX had a total return of 3.91% in the past year, including dividends.
Since the fund's inception, the average annual return has been 3.48%.
