- What does TNBMX invest in?
- Under typical market circumstances, this fund commits a minimum of 80% of its total investment capital (which includes any borrowed funds) to international debt securities not pegged to the U.S. dollar. Simultaneously, and crucially, it endeavors to maintain at least 80% of its net assets with U.S. dollar currency exposure, thereby actively managing its foreign currency risk back to the U.S. dollar. The fund customarily invests in bonds issued in various foreign currencies, with the flexibility to include those from developing economies. It operates as a non-diversified fund.
- What is the expense ratio of TNBMX?
- T. Rowe Price Intl Bd (USD Hdgd) I (TNBMX) charges an expense ratio of 0.53%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is TNBMX?
- T. Rowe Price Intl Bd (USD Hdgd) I (TNBMX) manages $9.74B 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 TNBMX actively managed or an index fund?
- TNBMX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TNBMX's is 0.53%) in exchange for the discretion to over- or under-weight positions.
- When was TNBMX launched?
- T. Rowe Price Intl Bd (USD Hdgd) I (TNBMX) launched in September 2017 and is managed by T. Rowe Price.
- How has TNBMX performed?
- TNBMX'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.
