Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

T. Rowe Price Global Multi-Sector Bond Fund (PRSNX)

Net Asset Value
1 Day
Overall Morningstar Rating
World bond
Style or Category
No Load
Sales Expenses
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 bonds. 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 the fund's net assets can be invested in securities and other holdings that are rated noninvestment-grade (below BBB, or an equivalent rating).


1 month+0.49% 3 years+2.18%
3 months-0.98% 5 years+3.48%
1 year-1.33% Since inception+7.15%
Data through --

Peer Comparisonvs. World bond

Performance 5-yr return+3.48%+1.22%
Expense ratio0.82%1.08%
Risk 5 year sharpe ratio0.820.34
Net assets$295.6M$2.1B
Average market cap----
Average P/E----
Portfolio turnover114%114%

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


Fixed income90.05%
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 Fund6.73%
-- 4.66%
-- 3.54%
-- 2.49%
TRHYX T. Rowe Price Institutional High Yield Fund2.48%
-- 2.29%
-- 2.08%
-- 1.83%
-- 1.66%
-- 1.50%

Partner Offers