Morningstar

T. Rowe Price International Bond Fund (USD Hedged) I Class TNBMX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 8.49  /  +0.12 %
  • Total Assets 9.9B
  • Adj. Expense Ratio
    0.530%
  • Expense Ratio 0.530%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Global Bond-USD Hedged
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield 3.53%
  • Effective Duration 5.74 years

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

Morningstar’s Analysis TNBMX

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

  • People Pillar

    The People Pillar is our evaluation of the TNBMX 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 TNBMX’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 Intl Bd (USD Hdgd) I holds a quantitatively derived Bronze Morningstar Medalist Rating. The rating reflects that it has scored better than the norm on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
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Portfolio Holdings TNBMX

More TNBMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Trp Government Reserve

7.44 709M
Cash and Equivalents

Japan Treasury Discount Bill

2.61 249M
Cash and Equivalents

Japan (Government Of) 0%

1.93 184M
Government

Canada (Government of) 4%

1.77 168M
Government

Germany (Federal Republic Of) 0.5%

1.76 168M
Government

United States Treasury Bills 0%

1.76 168M
Government

United Kingdom of Great Britain and Northern Ireland 4.125%

1.76 167M
Government

Belgium (Kingdom Of) 1%

1.65 158M
Government

Secretaria Do Tesouro Nacional 10%

1.51 144M
Government

Singapore (Republic of) 2.25%

1.51 143M
Government

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