- What does RPIDX invest in?
- The fund primarily focuses its investments, committing at least 80% of its net assets, to instruments that are credit-based or derivatives offering exposure to credit. It possesses the latitude to acquire debt instruments spanning all credit quality tiers, including an unlimited allocation to high-yield bonds. Furthermore, a maximum of 10% of its total net assets may be dedicated to equity securities, employing both long and short positions.
- What is the expense ratio of RPIDX?
- T. Rowe Price Dynamic Credit (RPIDX) charges an expense ratio of 0.63%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is RPIDX?
- T. Rowe Price Dynamic Credit (RPIDX) manages $1.48B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is RPIDX actively managed or an index fund?
- RPIDX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RPIDX's is 0.63%) in exchange for the discretion to over- or under-weight positions.
- When was RPIDX launched?
- T. Rowe Price Dynamic Credit (RPIDX) launched in January 2019 and is managed by T. Rowe Price.
- How has RPIDX performed?
- RPIDX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
