Morningstar

T. Rowe Price QM U.S. Bond Index Fund I Class TSBLX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 9.54  /  +0.10 %
  • Total Assets 2.5B
  • Adj. Expense Ratio
    0.120%
  • Expense Ratio 0.120%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield 4.40%
  • Effective Duration 5.84 years

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

Morningstar’s Analysis TSBLX

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

  • People Pillar

    The People Pillar is our evaluation of the TSBLX 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 TSBLX’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 US Bond Index I 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 TSBLX

More TSBLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

T. Rowe Price Gov. Reserve

3.77 94M
Cash and Equivalents

United States Treasury Notes 3.875%

2.32 58M
Government

United States Treasury Notes 4.5%

2.14 53M
Government

United States Treasury Notes 4.125%

1.18 29M
Government

United States Treasury Notes 3.625%

1.15 29M
Government

United States Treasury Notes 4.375%

1.10 27M
Government

United States Treasury Bonds 4.75%

0.94 23M
Government

United States Treasury Notes 4.25%

0.92 23M
Government

United States Treasury Bonds 2%

0.80 20M
Government

United States Treasury Notes 4.375%

0.74 18M
Government

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