T.Rowe European HY Bond Q EUR

To maximise the value of its shares through both growth in the value of, and income from, its investments. Portfolio Securities: The fund is actively managed and invests mainly in a diversified portfolio of high yield corporate bonds that are denominated in European currencies. The fund may also invest in 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 debt securities and credit indices. The fund may 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 and sector allocation. The investment process places a strong emphasis on 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. These ESG factors, which are incorporated into the investment process alongside financials, valuation, macro-economics and other factors, are components of the investment decision. C

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No