TRBFX Fees and Costs — T. Rowe Price Limited-Duration Inflation Focused Bond Fund, Inc.
Data updated: 2026-08-12
The net expense ratio is 0.52%: a 0.33% management fee plus 0.27% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $53K in broker commissions, 0.0006% of average net assets, and portfolio turnover was 34%.
TRBFX Fees and Expenses
Annual operating expenses and sales charges of TRBFX. Prospectus, as of July 27, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.33% |
| 12b-1 fee | — |
| Other expenses | 0.27% |
| Gross expense ratio | 0.60% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.52% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
TRBFX Costs Over Time
On $10,000 invested in TRBFX, assuming 5% a year before costs, total costs come to $329 over 5 years, cutting the return by 0.55% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.52%) | $55 | $171 | $298 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $55 | $180 | $329 |
| Value after costs | $10,445 | $11,396 | $12,434 |
| Impact on return, per year | 0.55% | 0.55% | 0.55% |
TRBFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0006%
- Total broker commissions: $53K
- Bought from dealers (principal trades, not a cost): $7.3B
- Portfolio turnover (prospectus): 34%
- Securities on loan, average value: $0
- Net income from securities lending: —
TRBFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $17K | 30.94% |
| GOLDMAN SACHS & CO. LLC | $16K | 30.15% |
| J.P. MORGAN SECURITIES LLC | $11K | 20.99% |
| Citigroup Inc. | $8K | 14.60% |
| MORGAN STANLEY & CO. LLC | $2K | 3.32% |
TRBFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CITADEL SECURITIES INSTITUTIONAL LLC | $1.2B | 17.70% |
| Citigroup Inc. | $1.2B | 17.52% |
| BARCLAYS CAPITAL INC. | $829.2M | 12.21% |
| BMO Capital Markets Corp. | $770.9M | 11.35% |
| Nomura International PLC | $695.9M | 10.25% |
| GOLDMAN SACHS & CO. LLC | $688.5M | 10.14% |
| J.P. MORGAN SECURITIES LLC | $393.0M | 5.79% |
| MORGAN STANLEY & CO. LLC | $373.0M | 5.49% |
| Deutsche Bank Securities Inc. | $353.7M | 5.21% |
| WELLS FARGO SECURITIES, LLC | $295.5M | 4.35% |
T. Rowe Price Limited-Duration Inflation Focused Bond Fund, Inc. Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TRPZX | Z Class | 0.00% | — |
| TRLDX | I Class | 0.30% | — |
| TRBFX | T. Rowe Price Limited-Duration Inflation Focused Bond Fund, Inc. | 0.52% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.