Morningstar

T. Rowe Price QM U.S. Bond Index Fund PBDIX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 9.54  /  −0.42 %
  • Total Assets 2.5B
  • Adj. Expense Ratio
    0.250%
  • Expense Ratio 0.250%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 4.24%
  • Effective Duration 5.84 years

USD | NAV as of Jun 06, 2026 | 1-Day Return as of Jun 06, 2026, 2:13 AM GMT+0

Morningstar’s Analysis PBDIX

Will PBDIX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PBDIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PBDIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PBDIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

T. Rowe Price QM U.S. Bond Index Fund holds a quantitatively derived Silver Morningstar Medalist Rating. The rating reflects that it has scored well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
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Portfolio Holdings PBDIX

More PBDIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

T. Rowe Price Gov. Reserve

3.64 87M
Cash and Equivalents

United States Treasury Notes 3.875%

2.44 58M
Government

United States Treasury Notes 4.5%

2.24 54M
Government

United States Treasury Notes 4.125%

1.24 30M
Government

United States Treasury Notes 3.625%

1.21 29M
Government

United States Treasury Notes 4.375%

1.16 28M
Government

United States Treasury Bonds 4.75%

0.97 23M
Government

United States Treasury Notes 4.25%

0.96 23M
Government

United States Treasury Notes 3.625%

0.89 21M
Government

United States Treasury Bonds 2%

0.83 20M
Government

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