T. Rowe Price Inflation Protected Bond Fund (PRIPX)
Ticker Symbol:
PRIPX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Objective
Quick Stats
Fiscal Year End  May
Morningstar Category  Inflation-Protected Bond
Inception Date 10/31/2002
Tax ID 13-4212528
Investment Objective
To provide inflation protection and income by investing primarily in inflation-protected debt securities.
Strategy
The fund will invest at least 80% of its net assets in inflation-protected bonds. The fund may invest up to 20% of its net assets in fixed-income securities that are not indexed to inflation or in preferred stocks and convertible securities rated A or better.
Risk/Reward Potential*
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The Inflation Protected Bond Fund is a cost-effective way to get income potential and protect against inflation by helping preserve the purchasing power of your investment. The fund invests in inflation-protected securities; the face value of these bonds and their income will rise with inflation.

Deflationary conditions (when inflation is negative) could cause the fundís principal and income to decrease in value. Yield and share price will vary with interest rate changes. Investors should note that if interest rates rise significantly from current levels, bond fund total returns will decline and may even turn negative in the short term. Unlike the Treasury securities in which the fund invests, an investment in the fund is not insured or guaranteed by the U.S. government.
* Annually we evaluate the standard deviation of each US mutual fund listed and its resulting placement within specific risk/return categories.

Methodology: If a fund is at least 5 year old, it is generally placed in risk/return categories based on the standard deviation of its performance for the longest period of its calendar year returns; the longest time period used for analysis is 10 years (regardless of the fund's inception). If a fund is less than 5 years old, we generally use the fund's primary benchmark disclosed in its prospectus as a proxy and follow the same process of using 10-year standard deviation of the benchmark, or longest time period available. The firm at its sole discretion may show a fund in a higher risk category based on qualitative or other factors that may differ from this methodology.
See Glossary for additional details on all data elements.