T Rowe Price Institutional Long Duration Credit Fd (RPLCX)
7.05
+0.02
(+0.28%)
USD |
Oct 27 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.45% | 151.47M | -- | 31.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -40.60M | -4.91% |
Basic Info
| Investment Strategy | |
| The Fund seeks high income. The Fund invests in a diversified portfolio of longer duration debt securities issued by corporations as well as certain non-corporate issuers. The Fund invests at least 85% of the its net assets in investment-grade securities by at least one of the major credit rating agency. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Corporates |
| Peer Group | Corporate Debt Funds BBB-Rated |
| Global Macro | Bond Corporates |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Corporate Debt Funds BBB-Rated |
| Fund Owner Firm Name | T. Rowe Price |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
75
-2.684B
Peer Group Low
417.10M
Peer Group High
1 Year
% Rank:
61
-40.60M
-1.193B
Peer Group Low
15.07B
Peer Group High
3 Months
% Rank:
75
-2.834B
Peer Group Low
2.942B
Peer Group High
3 Years
% Rank:
32
-10.86B
Peer Group Low
29.35B
Peer Group High
6 Months
% Rank:
75
-1.217B
Peer Group Low
6.018B
Peer Group High
5 Years
% Rank:
28
-4.888B
Peer Group Low
30.57B
Peer Group High
YTD
% Rank:
71
-659.70M
Peer Group Low
11.54B
Peer Group High
10 Years
% Rank:
48
-3.519B
Peer Group Low
65.40B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of October 28, 2026.
Asset Allocation
As of September 30, 2026.
| Type | % Net |
|---|---|
| Cash | -0.67% |
| Stock | 0.00% |
| Bond | 98.12% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 2.55% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Other Assets less Liabilities
|
2.49% | -- | -- |
| The Cigna Group THECIG 4.9 12/15/2048 FIX USD Corporate | 1.10% | 83.57 | 0.60% |
| Anheuser-Busch Companies, LLC ABCLL 4.9 02/01/2046 FIX USD Corporate | 1.00% | 86.62 | 0.40% |
| United States of America USGB 4.75 08/15/2055 FIX USD Government | 0.97% | 91.66 | 0.38% |
| META PLATFORMS, INC. METAPL 5.5 11/15/2045 FIX USD Corporate | 0.94% | 84.19 | 1.64% |
| CVS Health Corporation CVSHEA 5.05 03/25/2048 FIX USD Corporate | 0.93% | 83.65 | 0.61% |
| Wells Fargo & Company WFC 3.068 04/30/2041 FLT USD Corporate '40 | 0.91% | 72.27 | 0.48% |
| AT&T Inc. ATTINC 3.8 12/01/2057 FIX USD Corporate | 0.86% | 59.67 | 1.13% |
| Elevance Health, Inc. ELEVHEA 5.7 02/15/2055 FIX USD Corporate | 0.86% | 91.88 | 0.84% |
| Anheuser-Busch InBev Worldwide Inc. ANBUS-W 5.55 01/23/2049 FIX USD Corporate | 0.82% | 93.65 | 0.44% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.45% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1.00M None |
| Minimum Subsequent Investment | 0.00 None |
TTM Distributions
| Type | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of September 30, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks high income. The Fund invests in a diversified portfolio of longer duration debt securities issued by corporations as well as certain non-corporate issuers. The Fund invests at least 85% of the its net assets in investment-grade securities by at least one of the major credit rating agency. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Corporates |
| Peer Group | Corporate Debt Funds BBB-Rated |
| Global Macro | Bond Corporates |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Corporate Debt Funds BBB-Rated |
| Fund Owner Firm Name | T. Rowe Price |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (10-27-26) | 5.73% |
| 30-Day SEC Yield (9-30-26) | 6.10% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 392 |
| Bond | |
| Yield to Maturity (9-30-26) | 6.53% |
| Effective Duration | 12.34 |
| Average Coupon | 5.27% |
| Calculated Average Quality | 3.577 |
| Effective Maturity | 18.67 |
| Nominal Maturity | 19.09 |
| Number of Bond Holdings | 378 |
As of September 30, 2026
Fund Details
| Key Dates | |
| Inception Date | 6/3/2013 |
| Last Annual Report Date | 5/31/2026 |
| Last Prospectus Date | 8/1/2026 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:RPLCX", "name") |
| Broad Asset Class: =YCI("M:RPLCX", "broad_asset_class") |
| Broad Category: =YCI("M:RPLCX", "broad_category_group") |
| Prospectus Objective: =YCI("M:RPLCX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |