T. Rowe Price Dynamic Credit (RPIDX)
T. Rowe Price Dynamic Credit operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $8.31, down 0.12% on the session, giving a market capitalisation of $1.45B. Its beta of -0.08 implies it has historically moved less than the broad market.
The fund primarily focuses its investments, committing at least 80% of its net assets, to instruments that are credit-based or derivatives offering exposure to credit. It possesses the latitude to acquire debt instruments spanning all credit quality tiers, including an unlimited allocation to high-yield bonds. Furthermore, a maximum of 10% of its total net assets may be dedicated to equity securities, employing both long and short positions.
T. Rowe Price Dynamic Credit is most often compared with the following Financial Services names: