T. Rowe Price Global High Income Bd (RPIHX) NASDAQ
Currency In USD
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Currency In USD
Address
Baltimore, MD 21202
Baltimore, MD 21202
United States of America (the)
Phone
(800) 225-5132
Sector
Financial Services
Industry
Asset Management - Income
Employees
N/A
First IPO Date
January 22, 2015
This fund primarily allocates a minimum of 80% of its total capital (including any borrowed funds used for investment) to fixed-income securities. Its investment objective is to construct a diversified portfolio consisting of higher-yielding debt, often referred to as "junk" bonds, along with other instruments designed to generate substantial income. Within this context, "junk" bonds are defined as those carrying a credit rating of BB or lower (or an equivalent assessment) from recognized credit rating agencies, or, if unrated, are determined by T. Rowe Price to be below investment grade.