T. Rowe Price International Bond (RPIBX)
T. Rowe Price International Bond operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $7.08, up 0.00% on the session, giving a market capitalisation of $953.8M. Its beta of 1.24 implies it has historically moved more than the broad market.
The fund generally commits at least 80% of its net capital, a figure that includes any borrowed funds for investment, to international debt securities. A portion of its total assets, specifically up to 25%, may be allocated to high-yield bonds, often termed "junk bonds." These are debt instruments that independent rating agencies uniformly classify as below investment grade (e.g., BB or an equivalent lower rating), or which T. Rowe Price determines to be of sub-investment grade quality. This category includes bonds that may have defaulted or carry the lowest available credit rating. It is important to note that this fund operates on a non-diversified basis.
T. Rowe Price International Bond is most often compared with the following Financial Services names: