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  5. T. Rowe Price Global High Income I - Managed fund profile

T. Rowe Price Global High Income I - Managed Fund

Fund Objective
The investment objective of the Fund is to seek high current income and capital appreciation primarily through investment in global fixed income securities rated below investment grade. The Fund also seeks global diversification by targeting North American, European and emerging markets high yield corporate issuers.
Fund Strategy
The Fund is actively managed based on proprietary bottom-up, fundamental analysis that adapts to and seeks to exploit changing market conditions and identifies improving issuers using factors such as credit statistics, free cash flow generation, strategic values of a company, security structure, and quality of management team.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1.91% 0.87% 2.93% 9.02% 10.23% 5.86% 4.26% -%
Growth return 1.45% -0.52% 0.12% -0.47% 2.36% -1.11% -2.29% -%
Income return 0.46% 1.39% 2.81% 9.49% 7.87% 6.97% 6.55% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.34% 1.05% 2.16% 4.42% 4.37% 3.79% 2.28% 2.02%
As at 31 May 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

T. Rowe Price Global High Income I
Cash
1.93%
Fixed Interest
98.07%
Australian Equities
0%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
22.82%
Fixed Interest
77.11%
Australian Equities
0.05%
International Equities
0%
Alternatives
0.03%

General Information

Fund Details
Type Description
T. Rowe Price Global High Income I
Equity Trustees Ltd
ETL0793AU
Non Investment Grade Debt
starstar (as at 31 May 2025)
Investment Fund
4 May 2020
$61.25 million (as at 31 May 2025)
$0.9303 (as at 18 Jun 2025)
$0.9247 (as at 18 Jun 2025)
Open
Offer information
Type Description
MER 0.62% (as at 14 Feb 2025)
Indirect Cost Ratio (ICR) 0.62% (as at 30 Jun 2024)
Performance fee (not included in ICR) Not Available
Minimum initial investment $500,000
Minimum additional investments $10,000.00

Top 10 holdings (as at 30 Apr 2025)

Holding (as at 30 Apr 2025) Type % of Portfolio
alstria office REIT-AG 5.5% Bond - Corporate Bond 1.33%
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FAQs about the T. Rowe Price Global High Income I

The objective of the T. Rowe Price Global High Income I managed fund is The investment objective of the Fund is to seek high current income and capital appreciation primarily through investment in global fixed income securities rated below investment grade. The Fund also seeks global diversification by targeting North American, European and emerging markets high yield corporate issuers.

The strategy of the T. Rowe Price Global High Income I managed fund is The Fund is actively managed based on proprietary bottom-up, fundamental analysis that adapts to and seeks to exploit changing market conditions and identifies improving issuers using factors such as credit statistics, free cash flow generation, strategic values of a company, security structure, and quality of management team.

The APIR code of the T. Rowe Price Global High Income I managed fund is ETL0793AU.

T. Rowe Price Global High Income I’s total return last month was 1.91%. This was made up of a growth return of 1.45% and an income return of 0.46%. These returns were calculated as at 31 May 2025.

T. Rowe Price Global High Income I’s total return for the last three months was 0.87%. This was made up of a growth return of -0.52% and an income return of 1.39%%. These returns were calculated as at 31 May 2025.

T. Rowe Price Global High Income I’s one-year total return is 9.02%. This was made up of a growth return of -0.47% and an income return of 9.49%. These returns were calculated as at 31 May 2025.

T. Rowe Price Global High Income I’s one-year total return is 5.86%. This was made up of a growth return of -1.11% and an income return of 6.97%. These returns were calculated as at 31 May 2025.

The asset allocation of the T. Rowe Price Global High Income I managed fund is :

Cash
1.93%
Fixed Interest
98.07%
Australian Equities
0%
International Equities
0%
Alternatives
0%

The Responsible Entity for the T. Rowe Price Global High Income I managed fund is Equity Trustees Ltd.

The T. Rowe Price Global High Income I managed fund belongs to the Non Investment Grade Debt sector/asset class.

As at 31 May 2025, the size of the T. Rowe Price Global High Income I managed fund was $61.25 million.

The T. Rowe Price Global High Income I managed fund has an inception date of 4 May 2020.

The current entry price of the T. Rowe Price Global High Income I managed fund is $0.9303 per unit and the current exit price is $0.9247 per unit (as at 18 Jun 2025).

The current exit price of the T. Rowe Price Global High Income I managed fund is $0.9247 per unit and the current entry price is $0.9303 per unit (as at 18 Jun 2025).

The minimum initial investment amount for the T. Rowe Price Global High Income I managed fund is $500,000. Minimum additional investment is $10000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.