T. Rowe Price Limited Duration Inflation Focused Bond Fund Z Class TRPZX:NASDAQ
Last Price | Today's Change | Today's Volume | |||
---|---|---|---|---|---|
$4.74 | -0.02 (-0.42%) | -- | |||
As of close 05/02/2025 |
Treasury Inflation Protected Securities (TIPS) are inflation-linked securities issued by the US Government whose principal value is adjusted periodically in accordance with the rise and fall in the inflation rate. Thus, the dividend amount payable is also impacted by variations in the inflation rate, as it is based upon the principal value of the bond. It may fluctuate up or down. Repayment at maturity is guaranteed by the US Government and may be adjusted for inflation to become the greater of the original face amount at issuance or that face amount plus an adjustment for inflation. Treasury Inflation-Protected Securities are guaranteed by the US Government, but inflation-protected bond funds do not provide such a guarantee.