T. Rowe Price Dynamic Global Bond Inv (RPIEX)
T. Rowe Price Dynamic Global Bond Inv operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $7.59, down 0.26% on the session, giving a market capitalisation of $4.70B. Its beta of -0.20 implies it has historically moved less than the broad market.
This fund's core strategy involves allocating a minimum of 80% of its net assets (which includes any capital obtained through borrowing for investment purposes) to fixed-income instruments. Its objectives are twofold: to offer a degree of defense against rising interest rates and to maintain a low correlation with the performance of equity markets. To achieve these aims, the portfolio may invest in a broad spectrum of debt securities. These include obligations issued by both domestic and international governments and their associated agencies, corporate bonds from U.S. and foreign entities, and securities backed by mortgages and various other assets. Furthermore, it has the flexibility to acquire bank loans, which represent direct financial commitments provided to businesses by banks and other creditors. It is important to note that this investment vehicle is categorized as non-diversified.
T. Rowe Price Dynamic Global Bond Inv is most often compared with the following Financial Services names: