T.Rowe Dynamic Credit Q Cap $

The fund seeks total return through a combination of income and capital appreciation. Portfolio Securities: The fund is actively managed and invests mainly in a diversified portfolio of bonds of all types from issuers around the world, including emerging markets. The fund may also invest in asset-backed securities (ABS), mortgage-backed securities (MBS), contingent convertible bonds and distressed or defaulted bonds, as further detailed in the prospectus.Although the fund does not have sustainable investment as an objective, the promotion of environmental and social characteristics ("E & S") is achieved through the fund's commitment to maintain at least 10% of the value of its portfolio invested in Sustainable Investments. The investment manager implements the following investment strategies: exclusion screen, sustainable investment exposure and active ownership. Details of how E & S are promoted are further explained in the fund's Sustainability annex to the prospectus. https://www.funds.troweprice.com/lu/en/.The fund may use derivatives for hedging, efficient portfolio management and investment purposes. The fund may also use derivatives to create synthetic short positions in currencies, debt securities, credit indices and equities. The fund will use total return swaps (TRS). Investment Process: The investment manager's approach is based on proprietary fundamental research and relative value analysis. The investment manager seeks to add value primarily through security selection, sector allocation, duration management, and currency selection. The investment process places an emphasis on downside protection, utilising robust risk management practices and portfolio diversification to manage the overall risk profile. The investment manager also assesses environmental, social and governance ("ESG") factors with particular focus on those considered most likely to have a material impact on the performance of the holdings or potential holdings in the funds' portfolio. Th

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No