T. Rowe Price Strategic Income Fund (PRSNX)

11.25
Net Asset Value
-0.27%
1 Day
+0.72%
Year-to-Date
Overall Morningstar Rating
World bond
Style or Category
No Load
Sales Expenses
0.84%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks high income and some capital appreciation. The fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in income-producing securities or other income-producing instruments. It may invest in a variety of holdings in an effort to enhance income and achieve some capital growth. Up to 50% of the fund's net assets can be invested in non-U.S. dollar-denominated foreign debt securities. Up to 65% of its net assets can be invested in securities and other holdings that are rated noninvestment-grade (BB and lower, or an equivalent rating).

Performance

1 month+0.19% 3 years+3.99%
3 months+0.18% 5 years+5.33%
1 year+3.61% Since inception+8.36%
Data through --

Peer Comparisonvs. World bond

 PRSNXCategory
Performance 5-yr return+5.33%+3.61%
Expense ratio0.84%1.07%
Risk 5 year sharpe ratio1.270.78
Net assets$302.6M$2.2B
Average market cap$12.3B--
Average P/E----
Portfolio turnover138%138%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyT. Rowe Price
Fund manager & tenureSteven Huber / 6 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Fixed income84.84%
Cash14.02%
Other1.04%
U.S. stock0.08%
International stock0.01%
Top 5 Sectors
Portfolio weighting
Consumer goods 39.28%
Telecommunication 22.94%
Financial service 21.80%
Consumer service 8.22%
Energy 7.76%
Top 10 Holdings
Portfolio weighting
RPIFX T. Rowe Price Institutional Floating Rate Fund6.95%
TRHYX T. Rowe Price Institutional High Yield Fund5.55%
-- 2.35%
-- 2.30%
-- 2.07%
-- 1.47%
-- 1.10%
-- 0.89%
-- 0.89%
-- 0.88%

To view my watchlist

Not a member yet?

Sign up now for a free account