T. Rowe Price QM US Bond Index I (TSBLX)
| Fund Assets | 1.96B |
| Expense Ratio | 0.12% |
| Min. Investment | $0.00 |
| Turnover | 78.10% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 4.24% |
| Dividend Growth | 6.93% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 9.82 |
| YTD Return | 4.44% |
| 1-Year Return | 4.16% |
| 5-Year Return | -5.07% |
| 52-Week Low | 9.37 |
| 52-Week High | 9.85 |
| Beta (5Y) | n/a |
| Holdings | 1373 |
| Inception Date | Oct 5, 2020 |
About TSBLX
T. Rowe Price QM U.S. Bond Index Fund I Class is an institutional mutual fund designed to closely track or slightly outperform the total return of the U.S. investment-grade bond market. The fund primarily invests in a diversified portfolio of bonds that mirror the holdings and characteristics of widely recognized bond benchmarks such as the Bloomberg U.S. Aggregate Bond Index. Its holdings mainly comprise U.S. Treasury securities, government-related debt, corporate bonds, and securitized assets, creating a broad exposure to the intermediate core bond sector. Notable features of the fund include a low expense ratio and a focus on maintaining a low-cost structure, which benefits large institutional investors. The fund leverages quantitative management techniques and may employ various derivatives, such as futures and swaps, to efficiently manage exposure and duration. Underpinned by the expertise of T. Rowe Price’s investment management team, the fund plays a significant role as a core fixed-income allocation vehicle, offering diversification and income for investors seeking benchmark-relative performance in U.S. bond markets.
Performance
TSBLX had a total return of 4.16% in the past year, including dividends. Since the fund's inception, the average annual return has been -1.01%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| TSBZX | -z Class | n/a |
Top 10 Holdings
17.91% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 3.875% | T.3.875 04.30.30 | 3.36% |
| United States Treasury Notes 4.5% | T.4.5 05.31.29 | 2.85% |
| T. Rowe Price Gov. Reserve | TRPGRIA | 2.51% |
| United States Treasury Notes 4.125% | T.4.125 11.30.29 | 1.57% |
| United States Treasury Notes 4.625% | T.4.625 02.15.35 | 1.51% |
| United States Treasury Notes 4.375% | T.4.375 12.31.29 | 1.47% |
| United States Treasury Notes 4.125% | T.4.125 10.31.27 | 1.39% |
| United States Treasury Notes 4.25% | T.4.25 11.15.34 | 1.22% |
| United States Treasury Bonds 2% | T.2 02.15.50 | 1.04% |
| United States Treasury Notes 4.375% | T.4.375 05.15.34 | 0.98% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.03349 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03673 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03533 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03318 | Jun 30, 2025 |
| May 30, 2025 | $0.03606 | May 30, 2025 |
| Apr 30, 2025 | $0.0344 | Apr 30, 2025 |