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T. Rowe Price Global High Income Bond Class Qdmn - Income (GBP)

Sell:806.00p Buy:806.00p Change: 1.00p (0.12%)
Prices as at 20 December 2024
Sell:806.00p
Buy:806.00p
Change: 1.00p (0.12%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 20 December 2024
Sell:806.00p
Buy:806.00p
Change: 1.00p (0.12%)
Prices as at 20 December 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Our view on this Fund

This fund does not feature on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. This is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Our view on the sector

The yields on offer from high-yield bonds have proven attractive in a low interest rate environment. They now offer less value than they once did. But we still think there are attractive opportunities for those prepared to look. Funds in this sector invest mainly in 'high yield' or 'non-investment grade' bonds. These are issued by companies thought to be less able to pay off their debts so they offer higher yields to compensate for the extra risk. High-yield bonds have tended to perform better when economic growth is strong because companies generally find it easier to pay their debts. But they are riskier and sometimes perform more like shares than investment grade bonds. Funds in this sector could be a good addition to a diversified portfolio invested to generate income.

Performance Analysis

Performance analysis for this fund is not available.

Investment Philosophy

Investment philosophy for this fund is not available.

Process and Portfolio Construction

Process and portfolio construction for this fund are not available.

question mark Manager Track Record Based on HL Quantitative Research

This information is currently unavailable.

Fund Track Record

20/12/19 to 20/12/20 20/12/20 to 20/12/21 20/12/21 to 20/12/22 20/12/22 to 20/12/23 20/12/23 to 20/12/24
Annual return 0.97% 2.77% -13.81% 12.89% 9.23%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

Information about the fund

Fund manager biography

Manager Name: Samy Muaddi
Manager start date: 1 January 2020
Manager located in: TBC

TBC

manager photo
Manager Name: Michael Connelly, CFA
Manager start date: 1 January 2020
Manager located in: tbc

Michael Connelly is an associate portfolio manager in the Fixed Income Division at T. Rowe Price. He is responsible for high yield investments and credit research. Mr. Connelly is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc. Mr. Connelly has 19 years of investment experience, 14 of which have been at T. Rowe Price. Prior to joining the firm in 2005, he was an equity research analyst for Robert W. Baird & Co., Inc., in Milwaukee, Wisconsin. Mr. Connelly earned a B.B.A. in finance and marketing from Marquette University and an M.S. in finance from the University of Wisconsin-Madison. He also has earned the Chartered Financial Analyst designation.

manager photo
Manager Name: Michael Della Vedova
Manager start date: 4 June 2015
Manager located in: London, UK

Michael Della Vedova is a European high yield portfolio manager/analyst in the Fixed Income Division at T. Rowe Price. Mr. Della Vedova is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price International Ltd. Mr. Della Vedova has 19 years of investment experience, three of which have been with T. Rowe Price. Prior to joining the firm in 2009, he was a cofounder and partner of Four Quarter Capital, a credit hedge fund focusing on below investment-grade European corporate debt. Mr. Della Vedova also spent six years as a senior analyst and assistant portfolio manager with Muzinich & Company Limited in London. Mr. Della Vedova earned bachelor of law and bachelor of commerce degrees at the University of New South Wales and a postgraduate diploma in legal practice from the University of Technology, Sydney, Australia. He also was admitted as a solicitor to the Supreme Court of New South Wales, Sydney.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account