# T. Rowe Price Global High Income Bd (RPIHX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/rpihx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: T. Rowe Price · Asset class: Equity - Strategy: Actively Managed · Inception: 2015-01-22 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. ## Key Facts | Metric | Value | |---|---| | Price | $8.36 | | Expense Ratio | 0.75% | | Assets Under Management | $754.9M | | NAV | $8.36 | | Holdings Count | — | | Distribution Yield (TTM) | 7.61% | | Annual Distribution (TTM) | $0.64 /share | | Distribution Frequency | Monthly | | 52-Week Range | $8.36 – $8.86 | | Beta | 0.51 | ## Latest Distribution - Amount: $0.0471 /share - Ex-date: 2026-09-29 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does RPIHX invest in? 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. ### What is the expense ratio of RPIHX? T. Rowe Price Global High Income Bd (RPIHX) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations. ### What is RPIHX's dividend yield? RPIHX's trailing-twelve-month yield is 7.61%, calculated from the sum of dividends over the past year divided by the current price. ### How big is RPIHX? T. Rowe Price Global High Income Bd (RPIHX) manages $754.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is RPIHX actively managed or an index fund? RPIHX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RPIHX's is 0.75%) in exchange for the discretion to over- or under-weight positions. ### When was RPIHX launched? T. Rowe Price Global High Income Bd (RPIHX) launched in January 2015 and is managed by T. Rowe Price. ### Does RPIHX pay a dividend? Yes, T. Rowe Price Global High Income Bd (RPIHX) distributes dividends to shareholders. The trailing-twelve-month yield is 7.61%. Full dividend history is on this page. ### How often does RPIHX pay dividends? T. Rowe Price Global High Income Bd pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is RPIHX's next ex-dividend date? The most recently announced ex-dividend date for RPIHX was 2026-09-29. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will RPIHX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.75% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does RPIHX charge its expense ratio? The expense ratio is deducted in tiny daily slices from RPIHX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does RPIHX cost more than a fund like VOO? RPIHX is actively managed (current expense ratio 0.75%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether RPIHX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to RPIHX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as RPIHX (0.75%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/rpihx - Distribution history: https://www.dividenddata.com/funds/rpihx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/rpihx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/rpihx/expenses - Peer comparison: https://www.dividenddata.com/funds/rpihx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.