Morningstar

T. Rowe Price Global High Income Bond Fund Advisor Class PAIHX

Medalist Rating as of Sep 30, 2026 See T. Rowe Price Investment Hub

Strategy

The investment seeks high income and, secondarily, capital appreciation. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in bonds that are rated below investment-grade. It seeks to invest in a diversified portfolio of high yield bonds, also known as "junk" bonds, and other high income producing instruments. High yield are bonds that are rated below investment grade (BB and lower, or an equivalent rating) by credit rating agencies or, if unrated, deemed to be below investment grade by T. Rowe Price.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PAIHX	T. Rowe Price Global High Income Bond Fund Advisor Class	No Load	Open			Jan 22, 2015	$112,851.00	0.960%	High	$2,500	−$11,988.65
RPIHX	T. Rowe Price Global High Income Bond Fund	No Load	Open			Jan 22, 2015	$181.93M	0.750%	Average	$2,500	$1.22M
RPOIX	T. Rowe Price Global High Income Bond Fund I Class	Institutional	Open			Aug 28, 2015	$403.49M	0.600%	Below Average	$500,000	−$100.63M

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