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

11.85
Net Asset Value
-0.08%
1 Day
-0.92%
Year-to-Date
Overall Morningstar Rating
World bond-usd hedged
Style or Category
No Load
Sales Expenses
0.67%
Expense Ratio
High
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. Under normal conditions, the fund will invest at least 40% of its net assets (unless foreign market conditions are not deemed favorable by the investment adviser, in which case the fund would invest at least 30% of its net assets) in securities issued by governments or companies that are organized or located outside the U.S. or doing a substantial amount of business outside the U.S.

Performance

1 month-0.80% 3 years+6.19%
3 months+0.29% 5 years+5.95%
1 year+6.60% Since inception+6.66%
Data through --

Peer Comparisonvs. World bond-usd hedged

 PRSNXCategory
Performance 5-yr return+5.95%+4.24%
Expense ratio0.67%0.75%
Risk 5 year sharpe ratio0.850.67
Net assets$1.5B$5.8B
Average market cap--$22.5B
Average P/E--60.0
Portfolio turnover144%144%

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Fund Management and Purchase Info

Fund familyT. Rowe Price
Fund manager & tenureKenneth Orchard / 3 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Fixed income89.45%
Cash8.37%
Other1.73%
International stock0.45%
U.S. 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
-- 4.28%
-- 3.45%
-- 2.67%
-- 1.64%
-- 1.59%
-- 1.55%
-- 1.45%
-- 1.34%
-- 1.33%
-- 1.14%