Morningstar Rating

Fund Research and Analysis

by Lawrence Jones
T. Rowe Price International Bond remains a favorite for foreign flavors.

While management's high-quality style aided this offering amid late-2008's turbulent markets, as developed-market sovereign debt benefited from a capital flight to quality, the   Read more 

Kudos

Offers diversification away from U.S. markets.
Consistent strategy.
Experienced management. Read more 

Risks

Expect high volatility due to currency movements. Read more 

Strategy

This fund provides investors with diversification from U.S. markets. The managers establish duration positioning and country exposure relative to the Barclays Capital Global Aggregate Ex-USD Bond Index.  Read more 

Management

Ian Kelson is the lead manager at this fund, backed by a several person team that includes Chris Rothery and Mike Conelius. Kelson joined T. Rowe Price in 2000 as head of fixed-income investment. Rothery has been with the fund since 1994; Conelius has   Read more 

Inside Scoop

This international-bond fund offers plenty of diversification away from the U.S. bond market, but its sensitivity to currency fluctuations can make for a rocky ride.  Read more 

First Name
Last Name
Email Address
Zip Code
Create Password
Verify Password
(6-15 characters; case sensitive)

Dodge & Cox: Health Care Now More Attractive 
Watch more 

View all of our analyst reports with a free trial to Morningstar.com Premium.