Capital at risk. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy.
The listed funds are not an exhaustive list of funds available. Visit www.funds.troweprice.com to see the full range of funds offered by T. Rowe Price, including those that consider environmental and social characteristics as part of their investment process. For up to date information regarding any T. Rowe Price fund's investment strategy, please see the relevant fund KID and prospectus.
SICAV
Global High Yield Bond Fund
An actively managed, bottom-up portfolio that seeks to capture enhanced returns from a diversified global portfolio of income bearing, high-yield securities from around the world, including emerging markets. The portfolio seeks to generate income and growth over the long term. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR).
ISIN LU0133083492
Overview
Strategy
Fund Summary
The investment approach is to seek to identify improving issuers using factors such as credit statistics, free cash flow generation, strategic value of company, security structure, and quality of the management team. The manager uses tactical regional allocation to exploit diverse market environments and credit cycles and to profit from dislocations and volatility between regions. The promotion of environmental and/or social characteristics is achieved through the fund's commitment to maintain at least 10% of the value of its portfolio invested in Sustainable Investments, as defined by the SFDR. Additionally, we apply a proprietary responsible screen (exclusion list). The manager is not constrained by the fund’s benchmark, which is used for performance comparison purposes only.
Investment Association Sector:
Global Bonds
Team

Michael Della Vedova,
Portfolio Manager
Portfolio Manager
Michael Della Vedova is a global high yield portfolio manager in the Fixed Income Division. He is a portfolio manager for the Europe High Yield Bond Strategy and co-portfolio manager for the Global High Yield Bond Fund and Global High Income Bond Strategy.
Portfolio Manager
since
2015
Years at
T. Rowe Price
T. Rowe Price
12
Years investment
experience
experience
28

Rodney Rayburn,
Portfolio Manager
Portfolio Manager
Rodney Rayburn is a portfolio manager in the Fixed Income Division, managing the Credit Opportunities and High Yield Bond Strategies.
Portfolio Manager
since
2020
Years at T. Rowe Price
6
Years investment experience
20

Michael Lesesne,
Portfolio Specialist
Portfolio Specialist
Michael Lesesne is a global high yield portfolio specialist in the Fixed Income Division at T. Rowe Price. He supports the High Yield, Bank Loan, and Credit Opportunities Strategies, working closely with clients, prospects, and consultants.
Years at
T. Rowe Price
T. Rowe Price
8
Years investment experience
29

Gregor Dannacher,
Global Fixed Income Portfolio Specialist
Global Fixed Income Portfolio Specialist
Gregor Dannacher is a portfolio specialist in the Fixed Income division. He supports the Credit Opportunities, Global High Income, Global High Yield, US High Yield and US Investment Grade Corporate strategies.
Years at T. Rowe Price
5
Years investment experience
28