T. Rowe Price Inflation Protected Bd
PRIPX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- Baltimore MD 21202 Baltimore MD United States of America 21202
- IPO Date
- Nov 1, 2002
- CIK
- 0001181628
- Website
- troweprice.com
- Similar Companies
- Business
- T. Rowe Price Inflation Protected Bond Fund (PRIPX) is an actively managed open-end mutual fund that seeks to provide inflation protection and income by investing primarily in inflation-protected debt securities. The fund normally invests at least 80% of its net assets, including any borrowings for investment purposes, in inflation-protected bonds, with an emphasis on U.S. Treasury Inflation-Protected Securities (TIPS); it may also purchase similar bonds issued by U.S. government agencies and corporations, as well as up to 20% in inflation-protected bonds issued by foreign governments or corporations linked to non-U.S. inflation rates; additionally, up to 20% of net assets may be allocated to fixed-income securities not indexed to inflation. The portfolio primarily holds high-quality government securities, including top holdings such as United States Treasury Notes in various coupons like 1.75%, 1.375%, and 0.125%, representing nearly 48% of assets in the top 10 positions. PRIPX operates within the inflation-protected bond category, targeting individual and institutional investors, financial advisors, retirement plans, and intermediaries seeking protection against inflation alongside income generation. The fund, which commenced operations on October 31, 2002, is managed by T. Rowe Price Group, Inc., a global investment management firm founded in 1937 and headquartered at 100 East Pratt Street in Baltimore, Maryland. T. Rowe Price Group, the fund's sponsor, maintains a substantial global footprint with approximately 7,868 employees across 17 international offices serving clients in 55 countries, overseeing more than $1.7 trillion in assets under management as of mid-2025, with a significant focus on retirement-related investments. In September 2025, T. Rowe Price announced a major strategic collaboration with Goldman Sachs to broaden access to diversified public and private market portfolios, particularly for retirement and wealth channels; this partnership includes Goldman Sachs planning open-market purchases of up to $1 billion in T. Rowe Price common stock, aiming for up to 3.5% ownership, and expects new product launches by mid-2026. Earlier in November 2025, the firm created a Global Strategy function to enhance long-term planning and strategic vision.