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T Rowe European High Yield Bond A EUR

Ranked 40 out of 58 in - Europe High Yield over 12 months
All calculations are in USD unless stated

Managed by

Michael Della Vedova

Michael Della Vedova joined T Rowe Price in 2009 where he is portfolio manager of the T Rowe Price European High Yield Bond Fund using a fundamental investment style. Prior to joining the company, he was co-founder and partner of Four Quarter Capital. He earned bachelor of law and commerce degrees at the University of New South Wales and holds a postgraduate diploma in legal practice from the University of Technology in Sydney. He is based in London and his interests outside of fund management include rugby, football, cricket and music.

Objective

The sub-fund invests at least two-thirds of total assets in debt securities that are rated below BBB- by Standard & Poors or have an equivalent rating (or, if unrated, are of equivalent quality), and are issued by companies and denominated in euro or another European currency. Portfolio debt securities can include fixed and floating rate bonds as well as preferred stocks, convertible bonds and other transferable debt securities of any type. The fund does not invest more than 10% of assets in equities and equity-related securities, 25% of assets in convertible bonds, and one third of assets in money market securities.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Europe High Yield over : 31/01/2017 - 31/01/2018
  • Rank 40/58 Total Return
  • Rank 47/58 Standard Deviation
  • Rank 50/58 Max Drawdown
Fund Name Currency Return
38 AXA Pan European High Yield Bond R Acc Net USD

18.9%

39 CreditMax Euro BB C USD

18.6%

40 T Rowe European High Yield Bond A EUR USD

18.2%

41 Generali IS Total Return Euro High Yield A Dis EUR USD

16.4%

42 Alfred Berg Hoyrente CII

Currency exposure is hedged

Currency exposure is hedged

USD

14.3%

Total Return

Quarterly Performance

to 01/01/2018 Annual Q1 Q2 Q3 Q4
2017 16.7% 1.4% 8.0% 5.3% 1.4%
2016 6.4% 6.9% -1.7% 5.1% -3.6%
2015 -5.6% -7.8% 3.9% -1.2% -0.2%
2014 -7.7% 3.7% 2.4% -9.5% -3.9%
2013 16.9% -1.1% 1.6% 9.1% 6.6%
2012 23.7% 12.4% -5.1% 7.3% 8.1%
2011 -0.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Denmark
  4. Estonia
  5. Finland
  6. France
  7. Germany
  8. Guernsey
  9. Hong Kong
  10. Iceland
  11. Ireland
  12. Italy
  13. Jersey
  14. Latvia
  15. Lithuania
  16. Luxembourg
  17. Netherlands
  18. Norway
  19. Portugal
  20. Singapore
  21. Spain
  22. Sweden
  23. Switzerland
  24. United Kingdom

Fund Info

  • Launch date20/09/2011
  • Share Class size68Mn
  • Base currencyEUR
  • ISIN LU0596127604

Purchase Info

  • Min. initial investment15,000
  • Min. regular additional investment1,000

Charges

  • Annual management1.15%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in USD).