T. Rowe Price Launches Dynamic Credit Fund
T. Rowe Price Group, Inc. (TROW)
Last t. rowe price group, inc. earnings: 4/28 07:30 am
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Source: PR Newswire
BALTIMORE, Jan. 15, 2019 /PRNewswire/ -- NEWST. Rowe Price (NASDAQ-GS: TROW) today launched the Dynamic Credit Fund, a total return-oriented bond fund designed to generate consistent returns through a combination of income and capital appreciation. The fund pursues returns that aim to be above the 3-month LIBOR in U.S. dollar terms over a full market cycle. The strategy is designed to invest, both long and short, in a wide variety of global credit instruments and is not tied to particular benchmarks, asset classes, or sectors. The Dynamic Credit Fund also has the flexibility to invest strategically across a broad range of traditional and non-traditional fixed income securities to find opportunities across sectors.T. ROWE PRICE DYNAMIC CREDIT FUND DETAILSThe Dynamic Credit Fund's benchmark-agnostic strategy seeks to deliver attractive returns and defensively preserve capital through the credit cycle. It joins the T. Rowe Price Dynamic Global Bond Fund (Ticker: RPIEX) in T. Rowe Price
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