T. Rowe Price QM U.S. Bond Index Fund (PBDIX)
T. Rowe Price QM U.S. Bond Index Fund operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $9.22, up 0.22% on the session, giving a market capitalisation of $739.1M. Its beta of 0.99 implies it has historically moved less than the broad market.
This fund primarily seeks to replicate, or modestly surpass, the performance of the broader U.S. investment-grade bond universe. Typically, at least 80% of its net assets (which may include borrowed capital for investment) are dedicated to the fixed-income securities comprising its designated benchmark index. The portfolio commonly includes U.S. government and agency-issued debt, mortgage- and asset-backed securities, corporate bonds, and dollar-denominated securities from foreign entities.
T. Rowe Price QM U.S. Bond Index Fund is most often compared with the following Financial Services names: