Morningstar

T. Rowe Price Dynamic Credit Fund RPIDX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 8.50  /  −0.23 %
  • Total Assets 1.5B
  • Adj. Expense Ratio
    0.630%
  • Expense Ratio 0.640%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 7.23%
  • Effective Duration 0.79 years

USD | NAV as of Jul 18, 2026 | 1-Day Return as of Jul 18, 2026, 12:11 AM GMT+0

Morningstar’s Analysis RPIDX

Will RPIDX 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 RPIDX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RPIDX 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 RPIDX’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 Dynamic Credit holds a quantitatively derived Gold Morningstar Medalist Rating. The rating reflects that it has scored particularly well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
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Portfolio Holdings RPIDX

More RPIDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 25.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal National Mortgage Association 5.5%

10.42 155M
Securitized

United States Treasury Bills 0%

6.41 95M
Government

T. Rowe Price Gov. Reserve

3.25 48M
Cash and Equivalents

United States Treasury Bills 0%

3.19 47M
Government

Federal National Mortgage Association 5%

2.61 39M
Securitized

Directv Financing LLC/Directv Financing Co-Obligor Inc. 10%

1.99 30M
Corporate

PUERTO RICO COMWLTH 0.00001%

1.93 29M
municipal

Usd Variation Margin Msco

1.88 28M
Cash and Equivalents

BEIGNET INV LLC 6.581%

1.64 24M
Corporate

Galileo Parent

1.63 24M
Corporate

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