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Morningstar

T. Rowe Price Global Multi-Sector Bd Adv PRSAX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 9.78  /  −0.29 %
  • Total Assets 1.5 Bil
  • Adj. Expense Ratio
    0.930%
  • Expense Ratio 0.930%
  • 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 4.77%
  • Effective Duration 6.09 years

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:14 PM GMT+0

Morningstar’s Analysis PRSAX

Will PRSAX outperform in 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.

A strong management team and sound investment process underpin T. Rowe Price Global Multi-Sector Bd Adv's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PRSAX

More PRSAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bills 0%

6.29 94.7 Mil
Government

T. Rowe Price Instl Floating Rate

4.64 69.9 Mil
—

Malaysia (Government Of) 4.498%

4.05 61.0 Mil
Government

United States Treasury Bills 0%

2.98 44.8 Mil
Government

United States Treasury Notes 4.625%

2.54 38.2 Mil
Government

Japan Treasury Discount Bill

2.41 36.3 Mil
Cash and Equivalents

T. Rowe Price Gov. Reserve

2.07 31.1 Mil
Cash and Equivalents

Deutsche Bundesrepublik Inflation Linked Bond

1.60 24.0 Mil
Government

United States Treasury Notes 0.125%

1.41 21.2 Mil
Government

Japan (Government Of) 1.3%

1.37 20.6 Mil
Government