TRBFX vs. RPLCX
Compare and contrast key facts about T. Rowe Price Limited Duration Inflation Focused Bond Fund (TRBFX) and T. Rowe Price Institutional Long Duration Credit Fund (RPLCX).
TRBFX is managed by T. Rowe Price. It was launched on Sep 28, 2006. RPLCX is managed by T. Rowe Price. It was launched on Jun 2, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRBFX or RPLCX.
Key characteristics
| TRBFX | RPLCX | |
|---|---|---|
| YTD Return | 4.29% | 1.57% |
| 1Y Return | 6.61% | 15.19% |
| 3Y Return (Ann) | 1.45% | -7.03% |
| 5Y Return (Ann) | 3.05% | -1.93% |
| Sharpe Ratio | 1.11 | 1.43 |
| Sortino Ratio | 1.65 | 2.08 |
| Omega Ratio | 1.41 | 1.25 |
| Calmar Ratio | 1.11 | 0.49 |
| Martin Ratio | 4.30 | 4.88 |
| Ulcer Index | 1.54% | 3.22% |
| Daily Std Dev | 5.95% | 11.01% |
| Max Drawdown | -7.33% | -36.46% |
| Current Drawdown | -0.99% | -21.58% |
Correlation
The correlation between TRBFX and RPLCX is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TRBFX vs. RPLCX - Performance Comparison
In the year-to-date period, TRBFX achieves a 4.29% return, which is significantly higher than RPLCX's 1.57% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TRBFX vs. RPLCX - Expense Ratio Comparison
TRBFX has a 0.41% expense ratio, which is lower than RPLCX's 0.45% expense ratio.
Risk-Adjusted Performance
TRBFX vs. RPLCX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Limited Duration Inflation Focused Bond Fund (TRBFX) and T. Rowe Price Institutional Long Duration Credit Fund (RPLCX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
TRBFX vs. RPLCX - Dividend Comparison
TRBFX's dividend yield for the trailing twelve months is around 4.61%, less than RPLCX's 5.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRBFX T. Rowe Price Limited Duration Inflation Focused Bond Fund | 4.61% | 3.79% | 5.72% | 8.08% | 0.74% | 1.53% | 0.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RPLCX T. Rowe Price Institutional Long Duration Credit Fund | 5.32% | 4.91% | 4.78% | 3.58% | 10.64% | 4.11% | 4.10% | 3.52% | 3.79% | 4.12% | 3.91% | 1.96% |
Drawdowns
TRBFX vs. RPLCX - Drawdown Comparison
The maximum TRBFX drawdown since its inception was -7.33%, smaller than the maximum RPLCX drawdown of -36.46%. Use the drawdown chart below to compare losses from any high point for TRBFX and RPLCX. For additional features, visit the drawdowns tool.
Volatility
TRBFX vs. RPLCX - Volatility Comparison
The current volatility for T. Rowe Price Limited Duration Inflation Focused Bond Fund (TRBFX) is 0.71%, while T. Rowe Price Institutional Long Duration Credit Fund (RPLCX) has a volatility of 3.44%. This indicates that TRBFX experiences smaller price fluctuations and is considered to be less risky than RPLCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.