TRZHX

About TRZHX

T. Rowe Price Inflation Protected Bond Fund Z Class is a mutual fund designed to help investors safeguard their capital against the erosive effects of inflation. The fund achieves its primary objective by investing predominantly in inflation-protected bonds, notably those issued by the U.S. Treasury, such as Treasury Inflation-Protected Securities (TIPS). Returns on these securities are adjusted in line with inflation, thereby aiming to maintain the purchasing power of invested capital over time. The Z Class structure is tailored mainly for institutional investors and typically features lower expense ratios compared to retail share classes. The fund provides monthly income distributions, typically reflecting prevailing inflation rates, and may also include smaller allocations to inflation-linked bonds from government agencies, corporations, or foreign issuers. In the broader fixed-income market, funds like this serve an important defensive role, offering both income and inflation mitigation for diversified portfolios, especially during periods of rising consumer prices.