T. Rowe Price Global High Income Bd (RPIHX)
T. Rowe Price Global High Income Bd operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $8.71, up 0.11% on the session, giving a market capitalisation of $786.5M. Its beta of 0.51 implies it has historically moved less than the broad market.
This fund primarily allocates a minimum of 80% of its total capital (including any borrowed funds used for investment) to fixed-income securities. Its investment objective is to construct a diversified portfolio consisting of higher-yielding debt, often referred to as "junk" bonds, along with other instruments designed to generate substantial income. Within this context, "junk" bonds are defined as those carrying a credit rating of BB or lower (or an equivalent assessment) from recognized credit rating agencies, or, if unrated, are determined by T. Rowe Price to be below investment grade.
T. Rowe Price Global High Income Bd is most often compared with the following Financial Services names: