TRZHX – T. Rowe Price Inflation Protected Bond Z Investment Strategy | Morningstar

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Strategy

The investment seeks to provide inflation protection and income. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in inflation-protected bonds. The fund manager focuses on bonds issued by the U.S. Treasury (e.g., Treasury inflation-protected securities), but similar bonds issued by U.S. government agencies and corporations may also be purchased. It may also invest up to 20% of its net assets in fixed-income securities that are not indexed to inflation.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PRIPX	T. Rowe Price Inflation Protected Bond Fund	No Load	Open			Oct 31, 2002	$135.56M	0.410%	Average	$2,500	−$16.64M
TIIPX	T. Rowe Price Inflation Protected Bond Fund I Class	Institutional	Open			Dec 17, 2015	$234.20M	0.220%	Low	$500,000	$27.43M
TRZHX	T. Rowe Price Inflation Protected Bond Fund Z Class	Institutional	Open		—	Feb 22, 2021	$175.32M	0.000%	Low	$0	$59.49M

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