
T. Rowe Price Global Multi-Sector Bond Fund (PRSNX)
PRSNX Price Chart
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PRSNX Fund Profile
Key details and information about T. Rowe Price Global Multi-Sector Bond Fund (PRSNX).
Sector Focus
Financial Services
Industry
Asset Management - Bonds
Inception Date
16 Dec 2008
Country
US
Website
www.troweprice.comDescription
This fund's main objective is to generate significant current income, with a secondary goal of achieving some capital growth. Its core strategy involves allocating at least 80% of its net assets, including any borrowed funds used for investment, to bonds. To help achieve its income and growth targets, the fund maintains a diversified portfolio of holdings. A substantial portion of the fund, typically at least 40% of its net assets, will be invested in securities issued by non-U.S. governments or companies, or by companies that conduct a significant amount of business outside the United States. However, this international allocation may be reduced to a minimum of 30% if the investment adviser deems foreign market conditions to be unfavorable.
PRSNX Fund Performance
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