Morningstar

T. Rowe Price Global Multi-Sector Bond Fund I Class PGMSX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 9.99  /  +0.10 %
  • Total Assets 2.7B
  • Adj. Expense Ratio
    0.480%
  • Expense Ratio 0.470%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Global Bond-USD Hedged
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield 4.96%
  • Effective Duration 4.55 years

USD | NAV as of Jul 18, 2026 | 1-Day Return as of Jul 18, 2026, 12:11 AM GMT+0

Morningstar’s Analysis PGMSX

Will PGMSX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PGMSX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PGMSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PGMSX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

T. Rowe Price Global Multi-Sector Bd I holds a quantitatively derived Bronze Morningstar Medalist Rating. The rating reflects that it has scored better than the norm on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings PGMSX

More PGMSX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 21.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

T. Rowe Price Gov. Reserve

10.69 292M
Cash and Equivalents

United States Treasury Notes 1.875%

4.09 112M
Government

United States Treasury Notes 4.5%

3.85 105M
Cash and Equivalents

Malaysia (Government Of) 4.498%

2.71 74M
Government

United Kingdom of Great Britain and Northern Ireland 4.375%

1.87 51M
Government

United Kingdom of Great Britain and Northern Ireland 4.375%

1.81 49M
Government

Federal National Mortgage Association 5%

1.80 49M
Securitized

Federal National Mortgage Association 4.5%

1.80 49M
Securitized

New Zealand (Government Of) 4.25%

1.79 49M
Government

Japanese Government Cpi Linked Bond

1.71 47M
Government

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