T Rowe Price Dynamic Credit Fund (RPIDX)
8.87
0.00 (0.00%)
USD |
Dec 04 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.63% | 1.225B | -- | 179.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 127.87M | 7.24% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks total return through a combination of income and capital appreciation. The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in credit instruments and derivative instruments that are linked to, or provide investment exposure to, credit instruments. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Credit Focus |
| Peer Group | Alternative Credit Focus Funds |
| Global Macro | Alternative Bond |
| US Macro | Alternative Bond Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Credit Focus Funds |
| Fund Owner Firm Name | T. Rowe Price |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
39
-50.38M
Peer Group Low
154.41M
Peer Group High
1 Year
% Rank:
31
127.87M
-498.54M
Peer Group Low
1.816B
Peer Group High
3 Months
% Rank:
84
-338.78M
Peer Group Low
392.18M
Peer Group High
3 Years
% Rank:
13
-1.931B
Peer Group Low
2.246B
Peer Group High
6 Months
% Rank:
32
-507.68M
Peer Group Low
1.087B
Peer Group High
5 Years
% Rank:
17
-1.939B
Peer Group Low
4.916B
Peer Group High
YTD
% Rank:
24
-491.29M
Peer Group Low
1.611B
Peer Group High
10 Years
% Rank:
21
-16.70B
Peer Group Low
5.256B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 05, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 4.16% |
| Stock | 2.47% |
| Bond | 97.52% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -4.14% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| United States of America USGB 11/06/2025 FIX USD Government (Matured) | 12.17% | 100.00 | 0.00% |
|
BRAZIL, FEDERATIVE REPUBLIC OF (GOVERNMENT) 10% 01-JAN-2029
|
2.92% | -- | -- |
|
USD CASH
|
2.61% | -- | -- |
| T Rowe Price Government Money Fund | 2.45% | 1.00 | 0.00% |
| PUERTO RICO COMWLTH PR 0.000 11/01/2043 | 2.04% | 64.00 | -0.78% |
|
NISSAN MOTOR ACCEPTANCE COMPANY LLC 6.125% 30-SEP-2030
|
2.01% | -- | -- |
| Advance Auto Parts, Inc. ADAP 7.375 08/01/2033 FIX USD Corporate 144A | 2.01% | -- | -- |
| ALTICE FRANCE ALTICEF 5.5 10/15/2029 FIX USD Corporate 144A | 1.95% | 88.06 | 0.00% |
|
NRG ENERGY INC 6% 15-JAN-2036
|
1.67% | -- | -- |
| DIRECTV FINANCING, LLC DIRFIN 10.0 02/15/2031 FIX USD Corporate 144A | 1.62% | 100.03 | 0.01% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.29% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 2500.00 None |
| Minimum Subsequent Investment | 100.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks total return through a combination of income and capital appreciation. The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in credit instruments and derivative instruments that are linked to, or provide investment exposure to, credit instruments. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Credit Focus |
| Peer Group | Alternative Credit Focus Funds |
| Global Macro | Alternative Bond |
| US Macro | Alternative Bond Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Credit Focus Funds |
| Fund Owner Firm Name | T. Rowe Price |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-3-25) | 7.27% |
| 30-Day SEC Yield (10-31-25) | 6.89% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 255 |
| Bond | |
| Yield to Maturity (9-30-25) | 6.84% |
| Effective Duration | 0.17 |
| Average Coupon | 7.48% |
| Calculated Average Quality | 5.412 |
| Effective Maturity | 7.299 |
| Nominal Maturity | 8.482 |
| Number of Bond Holdings | 180 |
As of September 30, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:RPIDX", "name") |
| Broad Asset Class: =YCI("M:RPIDX", "broad_asset_class") |
| Broad Category: =YCI("M:RPIDX", "broad_category_group") |
| Prospectus Objective: =YCI("M:RPIDX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |