SICAV
US Aggregate Bond Fund
The diversified portfolio aims to generate revenue from investment in a portfolio of US government, corporate, and asset-backed debt. Securities can include fixed and floating rate bonds, convertible bonds, warrants, and other transferable debt securities, including high yield.
ISIN LU0181329318
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FACTSHEET
KIID
COMMENTARY

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Average
Coupon
2.67%
Data as of: 30-Sep-2021
Average
Maturity
8.85 yrs
Data as of: 30-Sep-2021
Average
Duration
6.72 yrs
Data as of: 30-Sep-2021
Fund Size
(USD)
$487.7m
Data as of: 30-Sep-2021
Perf Chg
(Daily)
0.07%
Data as of: 22-Oct-2021
Since
Inception
3.11%
Data as of: 30-Sep-2021
Risk & Reward
(SRRI)?
1 2 3 4 5 6 7 Data as of: 30-Sep-2021
NAV
(USD)
$13.64
Data as of: 22-Oct-2021
1 YR Return
(Annualised)
0.15%
Data as of: 30-Sep-2021

Overview
Strategy
Fund Summary
Our approach is based on proprietary fundamental research and relative value analysis. The investment manager seeks to add value primarily through sector allocation, duration management, and security selection. The investment process places a strong emphasis on risk management practices and portfolio diversification to manage the overall risk profile.
Interest Rate Sensitivity
LIMITED
MODERATE
EXTENSIVE

958
Holdings

Average
Quality
AA-
Risk & Reward Data
Information Ratio
-0.07
Sharpe Ratio
0.46
Historical Tracking Error
1.60%
Performance - Net of Fees
Current Year Performance
MTD
-0.51%
Benchmark*
-0.54%
Excess Return

0.03%
QTD
-0.51%
Benchmark*
-0.54%
Excess Return

0.03%
YTD
-1.66%
Benchmark*
-2.09%
Excess Return

0.43%
Data as of 22-Oct-2021
1 Month
-1.01%
Benchmark*
-0.87%
Excess Return

-0.14%
3 Months
0.00%
Benchmark*
0.05%
Excess Return

-0.05%
Data as of 30-Sep-2021
 
Annualised Performance
1 YR
0.15%
Benchmark*
-0.90%
Excess Return

1.05%
3 YR
5.28%
Benchmark*
5.36%
Excess Return

-0.08%
5 YR
2.84%
Benchmark*
2.94%
Excess Return

-0.10%
10 YR
3.04%
Benchmark*
3.01%
Excess Return

0.03%
Manager Inception
N/A
Benchmark*
N/A
Excess Return

N/A
Data as of 30-Sep-2021
Indicative Benchmark : Bloomberg U.S. Aggregate Bond Index
Fund Inception: 07-Jun-2011

* The index shown is not a formal benchmark. It is shown only for comparison purposes.

Holdings
Total
Holdings
958
Top 10
9.54%
Largest
Federal National Mortgage Assn.
3.08%
Was ( 30-Jun-2021 )
0.00%
Data as of 30-Sep-2021
Duration
Maturity
Quality
Average
6.72 yrs
Average
8.85 yrs
Average
AA-
Top
3-5 Years
24.03%
Was ( 31-Aug-2021 )
27.24%
Top
10+ Years
21.72%
Was ( 31-Aug-2021 )
20.62%
Top
BBB
25.91%
Was ( 31-Aug-2021 )
25.46%
Over
Under 1 Year
By 13.53%
Fund
13.88%
Benchmark*
0.35%
Over
0-1 Years
By 8.44%
Fund
8.44%
Benchmark*
0.00%
Over
BBB
By 12.11%
Fund
25.91%
Benchmark*
13.79%
Under
1-3 Years
By -9.00%
Fund
15.39%
Benchmark*
24.38%
Under
3-5 Years
By -9.97%
Fund
15.90%
Benchmark*
25.88%
Under
US Treasury
By -16.66%
Fund
21.97%
Benchmark*
38.63%
Sectors
Total
Sectors
8
Largest
Corporate
35.19%
Was ( 31-Aug-2021 )
34.93%
Over
Corporate
By 8.80%
Fund
35.19%
Benchmark*
26.40%
Under
U.S. Treasury
By -17.12%
Fund
21.50%
Benchmark*
38.63%
Data as of 30-Sep-2021
Data as of 30-Sep-2021
Indicative Benchmark: Bloomberg U.S. Aggregate Bond Index

* The index shown is not a formal benchmark. It is shown only for comparison purposes.

Regions
Data as of
Countries
Total
Countries
29
Largest
United States
81.67%
Was ( 31-Aug-2021 )
82.99%
Over
Australia
By 1.75%
Fund
1.90%
Benchmark*
0.16%
Under
United States
By -10.65%
Fund
81.67%
Benchmark*
92.32%
Data as of 30-Sep-2021
Data as of 30-Sep-2021
Indicative Benchmark: Bloomberg U.S. Aggregate Bond Index

* The index shown is not a formal benchmark. It is shown only for comparison purposes.


Team
Brian J. Brennan,
Portfolio Manager
Brian Brennan is a portfolio manager in the Fixed Income Division. Mr. Brennan has lead portfolio management responsibilities for the US Treasury, US Core Plus Bond, and Stable Value Strategies.
Portfolio Manager since
2003
Years at
T. Rowe Price
19
Years investment experience
34
Jeff DeVack,
Portfolio Specialist
Jeff DeVack is a portfolio specialist in the Fixed Income Division of T. Rowe Price.
Years at T. Rowe Price
8
Years investment experience
19
How to Invest
Fees Minimum Initial Investment and Holding Amount Minimum Subsequent Investment Sales Charge (up to) Investment Management Fee Ongoing
Charges1