T. Rowe Price Glbl High Yld Bd Ad USD (FUND:B39L9L8) - Overview

Fund Report

T. Rowe Price Funds SICAV - Global High Yield Bond Ad USD

Key Stats
Morningstar® CategoryGlobal High Yield Bond
Manager NameMark Vaselkiv
Inception Date02/06/2009
NAV 01/12/2016USD 12.07
Day Change0.00%
12 Month Yield5.11%
ISINLU0133082684
SEDOLB39L9L8
Dividend FrequencyMonthly
Net Assets (mil) 30/09/20161,789.25 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment15,000.00 USD
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge1.24%
AMC1.15%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Benchmarks

Fund Benchmark

JPM Gbl High Yield

Morningstar® Benchmark

BofAML Global High Yield Constrained TR USD

Growth Of 10,000 (USD) 30/11/2016

How has this security performed
20122013201420152016
Fund12.776.340.07-4.8010.49
Category16.165.83-0.97-5.029.20
Benchmark19.307.96-0.09-4.1712.81
  • Fund: T. Rowe Price Funds SICAV - Global High Yield Bond Ad USD
  • Category: Global High Yield Bond
  • Benchmark: BofAML Global High Yield Constrained TR USD
Trailing Returns % (USD) 01/12/2016
FundCatBmark
YTD10.499.7612.84
3 Years Annualised1.861.722.90
5 Years Annualised5.215.807.18
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Fund’s objective is to maximise total return by investing primarily in a widely diversified, global portfolio of high-yield corporate bonds, income producing convertible securities and preferred stocks. In the execution of its objective, the Fund may make enhanced use of derivative instruments including, but not limited to, bond futures, forward rate notes, forward foreign exchange contracts (including non-deliverable forwards), fixed interest warrants, interest rate futures, options on interest rate futures, convertible bonds, options on bond futures, currency options and OTC swaps including interest rate swaps and credit default swaps as well as swap indices. On an opportunistic basis, the Fund may create synthetic short positions in bonds and credit indices using various derivative instruments including interest rate and bond futures, options on interest rate and bond futures, interest rate swaps, credit default swaps and swap indices.

Portfolio Profile30/09/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks1.440.001.44
Bonds91.990.0091.99
Cash12.747.924.82
Other1.770.011.76
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond91.01
Cash & Equivalents5.05
Convertible2.60
Government0.45
Asset Backed0.42
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Neptune Finco 144A 10.125% 2023-01-15United States0.93
Fmg Resources August 2006 Pty 144A 9.75% 2022-03-01Australia0.92
T Mobile Usa 6.5% 2026-01-15United States0.87
Intelsat Jackson Hldgs 144A 8% 2024-02-15Luxembourg0.86
DecreaseFirst Data 144A 7% 2023-12-01United States0.70
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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