T. Rowe Price Investment-Grade Corporate Multi-Sector Account Portfolio
Data updated: 2024-01-26
C000111139 — T. Rowe Price Investment-Grade Corporate Multi-Sector Account Portfolio. Holdings, fees, performance and SEC filings.
C000111139 Fund Overview
T. Rowe Price Investment-Grade Corporate Multi-Sector Account Portfolio is a US mutual fund managed by T. Rowe Price Multi-Sector Account Portfolios, Inc., categorised as Intermediate Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: T. Rowe Price Multi-Sector Account Portfolios, Inc.
- Category: Intermediate Corporate Bond
- Assets under management: $55.44M
- 1-year return: 4.0%
- SEC CIK: 0001533490
- SEC series ID: S000036340
- Share class ID: C000111139
C000111139 Investment Objective and Strategy
T. Rowe Price Investment-Grade Corporate Multi-Sector Account Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by T. Rowe Price Multi-Sector Account Portfolios, Inc..
Investment objective
The fund seeks high current income and,
Principal investment strategy
The fund will normally invest at least 80% of its net assets (including any borrowings for investment purposes) in investment-grade corporate debt securities. All of the securities purchased by the fund must be rated investment grade securities (rated in one of the four highest rating categories assigned by established credit rating agencies) from at least one major credit rating agency at the time of purchase by at least one of the major credit rating agencies or, if unrated, deemed to be investment-grade quality by T. Rowe Price. If a security is split-rated (i.e., rated investment grade by at least one credit rating agency, but below investment grade by another credit rating agency), the higher rating will be used for purposes of this requirement. Any security whose ratings are downgraded after purchase to below investment grade by all of the major credit rating agencies, or deemed to be below investment grade by T.
Rowe Price, may continue to be held at the advisers discretion, although all such downgraded securities are limited to 5% of the funds net assets. While the funds emphasis will be on bonds issued by U.S. corporations, the fund may also invest in U.S. dollar-denominated debt securities issued by foreign corporations. The funds investment program provides some flexibility in seeking securities with an attractive combination of credit quality and income potential. For example, the fund may concentrate its investments in the highest rated bonds or move slightly down the credit scale in search of higher yields. The fund may purchase securities of any maturity and its weighted average maturity will vary with market conditions. This allows the fund to purchase longer-term bonds, which tend to have higher yields than shorter-term bonds, when the outlook warrants.
The fund may sell holdings for a variety of reasons, such as to adjust the portfolios average maturity, duration, or overall credit quality, or to shift assets into and out of higher-yielding or lower-yielding securities or certain sectors.
C000111139 Holdings
Top 10 holdings of T. Rowe Price Investment-Grade Corporate Multi-Sector Account Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Citigroup Inc | 2.08% |
| Goldman Sachs Group Inc/The | 2.00% |
| Santander UK Group Holdings PLC | 1.88% |
| T Rowe Price Government Reserve Investment Fund | 1.71% |
| Morgan Stanley | 1.58% |
| Revvity Inc | 1.25% |
| Danske Bank A/S | 1.23% |
| AT&T Inc | 1.18% |
| T-Mobile USA Inc | 1.15% |
| Equitable Financial Life Global Funding | 1.10% |
C000111139 Portfolio Allocation
Asset-class allocation of T. Rowe Price Investment-Grade Corporate Multi-Sector Account Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 94.0% |
| Cash & Equivalents | 1.7% |
C000111139 Performance
Total returns for C000111139 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 4.0% |
| 3 years (annualised) | -4.3% |
C000111139 Risk Information
Risk metrics for C000111139, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.6%
C000111139 Costs and Fees
C000111139 costs about $1 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.01%
- Gross expense ratio: 0.01%
- Portfolio turnover: 68%
- Brokerage commissions: 0.69 bps of average net assets (SEC N-CEN)
C000111139 Cashflows
Over the 12 months to 2023-11, T. Rowe Price Investment-Grade Corporate Multi-Sector Account Portfolio had net inflows of $19.29M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-11 | $912.67K |
| 2023-10 | $1.30M |
| 2023-09 | $569.86K |
| 2023-08 | $214.07K |
| 2023-07 | $1.92M |
| 2023-06 | $226.11K |
C000111139 Debt Constituents
Largest debt holdings of T. Rowe Price Investment-Grade Corporate Multi-Sector Account Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Citigroup Inc | 2.08% |
| Goldman Sachs Group Inc/The | 2.00% |
| Santander UK Group Holdings PLC | 1.88% |
| Morgan Stanley | 1.58% |
| Revvity Inc | 1.25% |
| Danske Bank A/S | 1.23% |
| AT&T Inc | 1.18% |
| T-Mobile USA Inc | 1.15% |
| Equitable Financial Life Global Funding | 1.10% |
| Meta Platforms Inc | 1.08% |
C000111139 Prospectus and SEC Filings
Official T. Rowe Price Investment-Grade Corporate Multi-Sector Account Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-06-29
- Prospectus (485BPOS) — filed 2022-06-29
- Prospectus (485BPOS) — filed 2021-06-28
- Portfolio holdings (N-PORT) — filed 2024-01-26
- Portfolio holdings (N-PORT) — filed 2023-10-27
- Portfolio holdings (N-PORT) — filed 2023-07-27
- Annual census (N-CEN) — filed 2023-05-10
- Annual census (N-CEN) — filed 2022-04-28
Related Funds
Other Intermediate Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.