Fact sheet: T. Rowe Price Gbl HiYld Bd

Fund information
Fund name
T. Rowe Price Global High Yield Bond Q EUR
Fund manager company
T. Rowe Price
Fund type
Offshore Fund
Fund managers
  • Mark J. Vaselkivsince 07/07/2015
  • Michael Della Vedovasince 07/07/2015
Fund objective
To maximise the value of its shares through both growth in the value of, and income from, its investments. The fund invests mainly in a diversified portfolio of high yield corporate bonds from issuers around the world, including emerging markets. The fund may use derivatives for hedging, efficient portfolio management and to seek gains. The fund may also use derivatives to create synthetic short positions in debt securities and credit indices.
Benchmark
  • JPMorgan Global High Yield
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
14.4%
1 Year rank in sector
-
Sector
FO Fixed Int - Global High Yield
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.7%
Fund size
£1,794m (£1,572m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
82
Top in this sector
Fund name1 Year
Pioneer SICV-Gbl Hi Yld31.9%
Natixis LoomsSyles HInc25%
T. Rowe Price Gbl HiYld Bd14.4%
T. Rowe Price GblHghIncBd14.3%
Franklin High Yield14.1%
...more in FO Fixed Int - Global High Yield

Performance snapshot

Holdings snapshot

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.1%7.4%13.5%14.4%44.6%-
Sector0.3%0.8%4.9%9.1%9.8%33.4%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund16.2%7.8%15.4%--
Sector10.5%-2.5%1.4%5.2%15.5%
Rank within sector-----
Quartile
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
10.72
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.67
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
1.06
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
8.55
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
8.09
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
1.16
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.14
Price movement
52 week high11.1
52 week low8.91
Current bid price-
Current offer price-
Current mid price11.19
Region
No data available.
Industry sector
1Others21.8%
2Energy14.7%
3Media9.6%
4Financials8.2%
5Mineral Extraction5.9%
6Services5.5%
7Wireless & Mobile Communications5.5%
8Health Care5.2%
9Leisure4.4%
Asset type
1Global Fixed Interest100%
Individual holdings
1NEPTUNE FINCO CORP 10.125% BDS 15/01/23 USD10000.93%
2FMG RESOURCES 144A LIFE SR SEC 1ST LIEN 9.75% 03-01-220.92%
3T-MOBILE US INC 6.5% BDS 15/01/26 USD10000.87%
4INTELSAT JACKSON HLDGS SA 8% BDS 15/02/24 USD1000 144A0.86%
5FIRST DATA CORP 7% BDS 01/12/23 USD20000.7%
6ALTICE SA 7.75% MTN 15/05/22 USD2000000.68%
7OMEGA US SUB LLC 8.75% BDS 15/07/23 USD20000.68%
8VPI ESCROW CORP 6.375% BDS 10/03/21 USD10000.67%
9WIND ACQUISITION FINANCE SA 7.375% BDS 23/04/21 USD200000REG S0.66%
Management
Fund manager group
T. Rowe Price
Fund manager company
T. Rowe Price
Fund type
Offshore Fund
Fund objective
To maximise the value of its shares through both growth in the value of, and income from, its investments. The fund invests mainly in a diversified portfolio of high yield corporate bonds from issuers around the world, including emerging markets. The fund may use derivatives for hedging, efficient portfolio management and to seek gains. The fund may also use derivatives to create synthetic short positions in debt securities and credit indices.
Benchmark
  • JPMorgan Global High Yield
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Mark J. Vaselkiv07/07/2015Mark Vaselkiv is a portfolio manager in the Fixed Income Division. Mr. Vaselkiv is head of the High Yield team and lead portfolio manager of the firm's High Yield Strategy. He has 27 years of experience with T.Rowe and 31 years of Investment experience. He is a M.B.A., New York University and B.A., Wheaton College.
Michael Della Vedova07/07/2015Michael Della Vedova is a European high yield portfolio manager/analyst in the Fixed Income Division. He 5 years of experience with T.Rowe and 21 years of investment experiance. He has completed his LPC in University of Technology, Sydney and Bachelor of Law and Bachelor of Commerce, University of New South Wales.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Distributor Status, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Estonia, Finland, France, United Kingdom, Ireland, Iceland, Italy, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden, Taiwan - Province Of China
T. Rowe Price Global High Yield Bond A EUR
Initial charge5%
Annual charge1.15%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price25.37
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTB94
T. Rowe Price Global High Yield Bond A USD
Initial charge5%
Annual charge1.15%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price26.97
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTF31
T. Rowe Price Global High Yield Bond AD EUR
Initial charge5%
Annual charge1.15%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price11.49
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFIQ4
T. Rowe Price Global High Yield Bond AD USD
Initial charge5%
Annual charge1.15%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price12.21
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFIQ3
T. Rowe Price Global High Yield Bond AH EUR
Initial charge5%
Annual charge1.15%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price22.44
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTC83
T. Rowe Price Global High Yield Bond AH EUR USD
Initial charge5%
Annual charge1.15%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price23.86
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTF33
T. Rowe Price Global High Yield Bond AH NOK
Initial charge5%
Annual charge1.15%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price209.59
CurrencyNOK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTF25
T. Rowe Price Global High Yield Bond AH NOK USD
Initial charge5%
Annual charge1.15%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price24.8
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTF32
T. Rowe Price Global High Yield Bond AH SEK
Initial charge5%
Annual charge1.15%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.29%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price126.41
CurrencySEK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG5SW
T. Rowe Price Global High Yield Bond AH SEK USD
Initial charge5%
Annual charge1.15%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.29%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price13.81
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG5SX
T. Rowe Price Global High Yield Bond I EUR
Initial charge-
Annual charge0.6%
Min single investment£2,500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price27.17
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTC84
T. Rowe Price Global High Yield Bond I USD
Initial charge-
Annual charge0.6%
Min single investment£2,500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price28.88
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTF34
T. Rowe Price Global High Yield Bond IH EUR
Initial charge-
Annual charge0.6%
Min single investment£2,500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.66%
Total expense ratio (TER)0.67%
Bid price-
Offer price-
Mid price10.36
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLKH
T. Rowe Price Global High Yield Bond IH USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.66%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.6
CurrencyUSD
Price updated06/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLKI
T. Rowe Price Global High Yield Bond JD EUR
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.02%
Total expense ratio (TER)0.02%
Bid price-
Offer price-
Mid price9.16
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeTF19
T. Rowe Price Global High Yield Bond JD USD
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.02%
Total expense ratio (TER)0.02%
Bid price-
Offer price-
Mid price9.74
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeTF35
T. Rowe Price Global High Yield Bond Q EUR
Initial charge-
Annual charge0.6%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price11.19
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF54S
T. Rowe Price Global High Yield Bond Q GBP
Initial charge-
Annual charge0.6%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price9.44
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMY2D
T. Rowe Price Global High Yield Bond Q USD
Initial charge-
Annual charge0.6%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price11.89
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF54T
T. Rowe Price Global High Yield Bond SD USD
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)0.1%
Bid price-
Offer price-
Mid price9.45
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM7VS
T. Rowe Price Global High Yield Bond Z EUR
Initial charge-
Annual charge-
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price31.31
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTC11
T. Rowe Price Global High Yield Bond Z USD
Initial charge-
Annual charge-
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price33.28
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTF36
Data provided by

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