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

11.11
Net Asset Value
-0.09%
1 Day
-2.80%
Year-to-Date
Overall Morningstar Rating
World bond
Style or Category
No Load
Sales Expenses
0.81%
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 instruments. 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).

Performance

1 month-0.10% 3 years+3.57%
3 months-1.10% 5 years+3.33%
1 year+0.61% Since inception+6.54%
Data through --

Peer Comparisonvs. World bond

 PRSNXCategory
Performance 5-yr return+3.33%+1.43%
Expense ratio0.81%0.93%
Risk 5 year sharpe ratio0.790.27
Net assets$749.3M$2.7B
Average market cap$7.8B$21.9B
Average P/E11.821.7
Portfolio turnover112%112%

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Fund Management and Purchase Info

Fund familyT. Rowe Price
Fund manager & tenureSteven Huber / 9 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Fixed income91.40%
Cash8.19%
Other0.41%
U.S. stock0.00%
International stock0.00%
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 Fund6.51%
-- 3.89%
-- 2.69%
-- 2.35%
-- 2.29%
-- 2.12%
-- 2.04%
-- 1.88%
-- 1.73%
-- 1.69%