Morningstar

T. Rowe Price Dynamic Credit Fund Z Class TRCDX

Rating as of Sep 30, 2026 See T. Rowe Price Investment Hub

NAV / 1-Day Return $8.12 / +0.37 %
Fund Size $1.4B
Adjusted Expense Ratio 0.000%
Net Expense Ratio 0.010%
Fee Level: Distribution Low
Share Class Type Institutional
Morningstar Category Nontraditional Bond
Fixed-Income Style Box (Funds) —
Minimum Initial Investment $0
Investment Status Open
TTM Yield 8.33%
Average Effective Duration 3.67 yrs

NAV and 1-Day Return as of Oct 28, 2026, 12:11:06 AM

There is no Morningstar’s Analysis data available.

Portfolio Holdings TRCDX

More TRCDX Holdings

Current Portfolio Date Sep 30, 2026
Equity Holdings —
Bond Holdings —
Other Holdings —
% Assets in Top 10 Holdings 6.0

Top 10 Holdings	% Portfolio Weight	Market Value USD	Sector
Federal National Mortgage Association 5.5%	8.05	113M	Securitized
Federal National Mortgage Association 6%	6.02	84M	Securitized
United States Treasury Bills 0%	4.12	58M	Government
Federal National Mortgage Association 6.5%	3.31	46M	Securitized
T. Rowe Price Gov. Reserve	2.99	42M	Cash and Equivalents
Sopaipilla Investor LLC 7.534%	1.99	28M	Corporate
United States Treasury Bonds 2.375%	1.95	27M	Government
CCO Holdings, LLC/ CCO Holdings Capital Corp. 7.375%	1.64	23M	Corporate
QTS Fayetteville I DC1-2 LLC/QTS TRS Fayetteville I DCI-2 LLC (Qtsqst) 5.7%	1.59	22M	Corporate
BEIGNET INV LLC 6.581%	1.57	22M	Corporate

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