Fact sheet: T. Rowe Price EurHiYdBd

Fund information

Fund name
T. Rowe Price European High Yield Bond Q EUR
Fund company manager
T. Rowe Price
Fund type
SIB
Fund manager(s)
Michael Della Vedova
since 20/09/2011
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 that are denominated in European currencies. 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
BofA Merrill Lynch European Currency High Yield constrained index ex sub-financials
Investment style
High Yield
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

6.5 %

1 Year rank in sector

13/27

Sector

FO Fixed Int - Europe

Yield
-
Fund size

£ 751.0 m

FE Risk score
-
NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Luxembourg
    14.77%
  • UK
    14.77%
  • USA
    12.99%
  • Germany
    10.88%
  • France
    7.09%
  • Media
    13.28%
  • Financial Services
    9.88%
  • Services
    9.06%
  • Retail
    7.96%
  • Paper - Packaging & Printing
    7.35%
  • Luxembourg Fixed Interest
    14.77%
  • UK Fixed Interest
    14.77%
  • US Fixed Interest
    12.99%
  • German Fixed Interest
    10.88%
  • French Fixed Interest
    7.09%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.72 %3.45 %6.5 %22.55 %49.34 %
Sector0.5 %2.57 %4.31 %10.96 %23.91 %
Rank within sector6 / 2813 / 2713 / 272 / 222 / 16
Quartile th1 st2 nd2 nd1 st1 st

Calendar performance

YTD-20172016201520142013
Fund3.7 %10.24 %5.65 %5.75 %11.86 %
Sector3.65 %5.13 %1.14 %5.17 %4.22 %
Rank within sector18 / 272 / 251 / 235 / 194 / 18
Quartile th3 rd1 st1 st2 nd1 st

Risk statistics

Alpha2.03
Beta1.31
Sharpe0.72
Volatility4.14
Tracking error2.34
Information ratio1.3
R-Squared0.72

Price movement

52 week high12.61
52 week low11.82
Current bid price0
Current offer price0
Current mid price12.61

Holdings by region

  • 14.77% Luxembourg
  • 14.77% UK
  • 12.99% USA
  • 10.88% Germany
  • 7.09% France
  • 6.91% Italy
  • 6.3% Netherlands
  • 5.27% Money Market
  • 2.94% Belgium
  • 2.03% Argentina

Holdings by sector

  • 13.28% Media
  • 9.88% Financial Services
  • 9.06% Services
  • 7.96% Retail
  • 7.35% Paper - Packaging & Printing
  • 7.35% Leisure
  • 5.97% Basic Industries
  • 5.27% Money Market
  • 5.08% Transport
  • 3.48% Energy

Holdings by asset type

  • 14.77% Luxembourg Fixed Interest
  • 14.77% UK Fixed Interest
  • 12.99% US Fixed Interest
  • 10.88% German Fixed Interest
  • 7.09% French Fixed Interest
  • 6.91% Italian Fixed Interest
  • 6.3% Dutch Fixed Interest
  • 5.27% Money Market
  • 4.04% American Emerging Fixed Interest
  • 2.94% Belgian Fixed Interest

Individual holdings

  • 2.35% AMIGO LUXEMBOURG SA 7.625% BDS 15/01/24 GBP100000
  • 2.34% KIRK BEAUTY ONE GMBH 8.75% BDS 15/07/23 EUR1000 REG S
  • 2.07% CABOT FINANCIAL LUXEMBOURG SA 7.5% BDS 01/10/23 GBP100000 REG S
  • 2.05% VERITAS US INC 7.5% SENIOR EURO SEC NTS 01/02/23 EUR
  • 1.99% N & W GLOBAL VENDING LTD 7% BDS 15/10/23 EUR100000 REG S
  • 1.99% WFS GLOBAL HLDGS 9.5% BDS 15/07/22 EUR100000REG S
  • 1.98% CODERE FINANCE 2 (LUXEMBOURG) SA 6.75% BDS 01/11/21 EUR100000 REGS
  • 1.95% AA BOND CO LTD(JE) 5.5% BDS 31/07/43 GBP100000 REG S
  • 1.95% NYRSTAR NETHERLANDS HLDGS BV 8.5% BDS 15/09/19 EUR100000 REG S
  • 1.94% DEA FINANCE SA 7.5% BDS 15/10/22 EUR100000 REG S