Mike McGonigle is a director of research in the Fixed Income Division. He is a vice president and Investment Advisory Committee member of the Floating Rate Fund. Mike also is a vice president of the Institutional Income Funds and the Multi-Sector Account Portfolios. He is chairman of the Distressed Advisory Committee and a member of the Fixed Income Research Advisory Council and the Fixed Income Steering, Research Governance Oversight, and LIBOR Replacement Steering Committees. Mike also is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.

Mike’s investment experience began in 1991, and he has been with T. Rowe Price since 1995, beginning as a credit research analyst and portfolio manager on the High Yield team in the Fixed Income Division. In 2006, he became the head of the Investment-Grade Credit Research team. In 2010, he became the director of Fixed Income Credit Research. Prior to T. Rowe Price, Mike was employed by Federated Investors as a high yield credit analyst. He also was an investment banking analyst in Merrill Lynch's Financial Restructuring Group.

Mike earned a B.A. in history and economics from Stanford University and an M.B.A. in finance from the University of Pennsylvania, The Wharton School.