T. Rowe Price Dynamic Global Bond Inv

Frequently Asked Questions About RPIEX

What does RPIEX invest in?

This fund's core strategy involves allocating a minimum of 80% of its net assets (which includes any capital obtained through borrowing for investment purposes) to fixed-income instruments. Its objectives are twofold: to offer a degree of defense against rising interest rates and to maintain a low correlation with the performance of equity markets. To achieve these aims, the portfolio may invest in a broad spectrum of debt securities. These include obligations issued by both domestic and international governments and their associated agencies, corporate bonds from U.S. and foreign entities, and securities backed by mortgages and various other assets. Furthermore, it has the flexibility to acquire bank loans, which represent direct financial commitments provided to businesses by banks and other creditors. It is important to note that this investment vehicle is categorized as non-diversified.

What is the expense ratio of RPIEX?

T. Rowe Price Dynamic Global Bond Inv (RPIEX) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.

What is RPIEX's dividend yield?

RPIEX's trailing-twelve-month yield is 6.21%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of RPIEX?

Effective duration measures RPIEX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. RPIEX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of RPIEX?

RPIEX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of RPIEX?

Yield to maturity (YTM) is the total return you'd earn from RPIEX if every bond in the portfolio is held to maturity at the current price. RPIEX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.