T. Rowe Price
T. Rowe Price
Financial Intermediary Spain / All Funds / US High Yield Bond Fund
Fund Range Documents
SICAV
US High Yield Bond Fund
Our approach is to use an independent, fundamental, bottom-up credit selection process, combined with forward-looking research to identify potential total return ideas. We have the flexibility to search across the full capital structure to uncover high-conviction ideas and access smaller, under-researched credit issuers. The manager is not constrained by the funds benchmark, which is used for performance comparison purposes only.
ISIN LU1697877279
View more information on risks
FACTSHEET
KIID

Overview
Strategy
Fund Summary
An actively managed, high-conviction portfolio primarily focused on the traditional US high yield investment opportunity set. Our approach is more concentrated than those of many competitors. The fund seeks to capitalise on price inefficiencies that create attractive relative value opportunities across issuers.
Performance - Net of Fees

Team
Kevin Loome,
Portfolio Manager
Kevin Loome is a portfolio manager in the Fixed Income Division. He has lead portfolio management responsibilities for the US High Yield Bond Strategy.
Portfolio Manager since
2018
Years at T. Rowe Price
14
Years investment experience
27
Ashley Wiersma,
Portfolio Specialist
Ashley Wiersma is a portfolio specialist in the Fixed Income Division. She supports the US High Yield Strategy, working closely with clients, prospects, and consultants. Ashley is a vice president of T. Rowe Price Associates, Inc.
Years at T. Rowe Price
0
Years investment experience
16

Indicative Benchmark Data Source: ICE BofA Merrill Lynch

Past performance is not a reliable indicator of future performance.

Source for performance: T. Rowe Price. Fund performance is calculated using the official NAV with dividends reinvested, if any. The value of an investment and any income from it can go down as well as up. Investors may get back less than the amount invested. It will be affected by changes in the exchange rate between the base currency of the fund and the subscription currency, if different. Sales charges (up to a maximum of 5% for the A Class), taxes and other locally applied costs have not been deducted and if applicable, they will reduce the performance figures.

The Funds are sub-funds of the T. Rowe Price Funds SICAV, a Luxembourg investment company with variable capital which is registered with Commission de Surveillance du Secteur Financier and which qualifies as an undertaking for collective investment in transferable securities (“UCITS”). Full details of the objectives, investment policies and risks are located in the prospectus which is available with the key investor information documents in English and in an official language of the jurisdictions in which the Funds are registered for public sale, together with the articles of incorporation and the annual and semi-annual reports (together “Fund Documents”). Any decision to invest should be made on the basis of the Fund Documents which are available free of charge from the local representative, local information/paying agent or from authorised distributors. They can also be found along with a summary of investor rights in English at www.troweprice.com. The Management Company reserves the right to terminate marketing arrangements.

Daily performance data is based on the latest available NAV.  

Please note that the Fund typically has a risk of high volatility.

The specific securities identified and described in this website do not represent all of the securities purchased, sold, or recommended for the sub-fund and no assumptions should be made that the securities identified and discussed were or will be profitable.

A full list of the currently issued Share Classes including Distributing, Hedged, and Accumulating Categories may be obtained, free of charge and upon request, from the registered office of the Company.  

1 Please note that the Ongoing Charges figure is inclusive of the Investment Management Fee and is charged per annum.