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T. Rowe Price International Bond (RPIBX)

9.53 Down 0.04(0.42%) May 17


Profile as of Feb 27, 2013Get Profile for:
T. Rowe Price International Bond
T. Rowe Price Reserve Investment Funds, Inc.100 East Pratt StreetBaltimore MD 21202
Map
Phone: 800-638-5660
Fund Overview 
Category:World Bond
Fund Family:T. Rowe Price
Net Assets:5.23B
Year-to-Date Return:-2.92%
Yield:2.33%
Morningstar Rating:3 stars
Fund Inception Date:Sep 9, 1986
Morningstar Style Box 
World Bond
[View Category Definition]
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About the Morningstar Style Box
Management Information 
Ian J. Kelson
Lead Manager since Dec 30, 2001
Mr. Kelson has been chairman of the committee since 2001.Ian D. Kelson is the head of T. Rowe Price's global fixed-income team, a position he has held since joining the firm in 2000. As part of that role, Mr. Kelson is lead portfolio manager for T. Rowe Price's Non-U.S. Fixed-Income Strategy and Global Bond Strategies. He is also a vice president of T. Rowe Price Group, Inc.Prior to joining the firm, he spent 10 years as the head of fixed income for Morgan Grenfell/Deutsche Asset Management, where he was responsible for $50 billion of global fixed-income assets. He started his investment career in 1981 at Bank of America, where he served as a fixed-income economist and global fixed-income portfolio manager. He was originally recruited to Morgan Grenfell as a global fixed-income portfolio manager in 1985. A graduate of King's College, Cambridge University, Mr. Kelson earned an M.A. in economics. He also has an M.Sc. in econometrics from the London School of Economics.
Investment Information 
Min Initial Investment:2,500
Min Initial Investment, IRA:1,000
Min Initial Investment, AIP:0
Min Subsequent Investment:100
Min Subsequent Investment, IRA:100
Min Subsequent Investment, AIP:100
RPIBX can be purchased from 95 brokerages.

Fund Summary 
The investment seeks to provide high current income and capital appreciation. Normally, the fund invests at least 80% of its net assets in foreign bonds and 65% of its net assets in foreign bonds that are rated within the three highest credit categories (i.e., A- or equivalent, or better). It may invest up to 20% of its total assets in bonds that have received a below investment-grade rating from each of the rating agencies that has assigned a rating to the bond, including those in default or with the lowest rating. The fund is non-diversified.

Fund Operations 
Last Dividend (Apr 29, 2013) : 0.02
Last Cap Gain : 0.00
Annual Holdings Turnover (May 15, 2013) : 52.20%
Average for Category:100.01%
Fees & Expenses 
ExpenseRPIBXCategory Avg
Annual Report Expense Ratio (net):0.84%1.10%
Prospectus Net Expense Ratio:0.83%N/A
Prospectus Gross Expense Ratio:0.83%N/A
Max 12b1 Fee:0.00%N/A
Max Front End Sales Load:N/A4.39%
Max Deferred Sales Load: N/A1.94%
3 Yr Expense Projection*:265513
5 Yr Expense Projection*:460795
10 Yr Expense Projection*:1,0251,626
* Per $10,000 invested