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

11.31
Net Asset Value
-0.18%
1 Day
-1.05%
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+0.29% 3 years+3.72%
3 months-0.03% 5 years+3.16%
1 year+3.47% Since inception+6.79%
Data through --

Peer Comparisonvs. World bond

 PRSNXCategory
Performance 5-yr return+3.16%+1.43%
Expense ratio0.81%0.94%
Risk 5 year sharpe ratio0.850.31
Net assets$671.2M$2.7B
Average market cap--$30.6B
Average P/E--19.1
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 income93.31%
Cash6.28%
Other0.40%
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 Fund6.76%
-- 2.94%
-- 2.69%
-- 2.62%
-- 2.46%
-- 2.45%
-- 1.95%
-- 1.92%
-- 1.92%
-- 1.82%