Morningstar

T. Rowe Price Global Multi-Sector Bond Fund Advisor Class PRSAX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 10.00  /  +0.10 %
  • Total Assets 2.7B
  • Adj. Expense Ratio
    0.930%
  • Expense Ratio 0.920%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Global Bond-USD Hedged
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 4.51%
  • 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 PRSAX

Will PRSAX 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 PRSAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PRSAX 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 PRSAX’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 Adv holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings PRSAX

More PRSAX 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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