T. Rowe Price Intl Bd (USD Hdgd)

Frequently Asked Questions About TNIBX

What does TNIBX invest in?

Under typical circumstances, this fund allocates a minimum of 80% of its total assets, which includes any borrowed capital, to debt instruments denominated in currencies other than the U.S. dollar. These foreign-currency fixed-income holdings may include those originating from developing economies. Crucially, the fund aims to preserve at least 80% of its net asset value in U.S. dollar currency exposure, typically through hedging strategies, under normal market conditions. This investment vehicle is designated as non-diversified.

What is the expense ratio of TNIBX?

T. Rowe Price Intl Bd (USD Hdgd) (TNIBX) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations.

How big is TNIBX?

T. Rowe Price Intl Bd (USD Hdgd) (TNIBX) manages $10.04B 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 TNIBX actively managed or an index fund?

TNIBX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TNIBX's is 0.79%) in exchange for the discretion to over- or under-weight positions.

When was TNIBX launched?

T. Rowe Price Intl Bd (USD Hdgd) (TNIBX) launched in September 2017 and is managed by T. Rowe Price.

How has TNIBX performed?

TNIBX'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.