PAIHX Performance — T. Rowe Price Global High Income Bond Fund, Advisor Class
Data updated: 2026-08-27
PAIHX returned +1.79% year to date and +6.05% over one year to Jun 2026. Annualised returns are +9.18% over 3 years and +3.67% over 5 years. Against its Global Short-Term Corporate Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $130, against $128 for the category, and to $106 over one year, against $107. Volatility over the past three years was 3.94% a year. In the 12 months to Jun 2026 the fund lost a net $40.3M, and assets reached $610.41M.
PAIHX Growth of $100
What $100 invested in T. Rowe Price Global High Income Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Short-Term Corporate Bond category average over the same months.
| Period | PAIHX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $106 | $107 |
| 3 years (Jul 2023 – Jun 2026) | $130 | $128 |
| 5 years (Jul 2021 – Jun 2026) | $120 | $121 |
| Since data start (Jul 2019 – Jun 2026) | $137 | $137 |
PAIHX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.79% |
| 1 year | +6.05% |
| 3 years (annualised) | +9.18% |
| 5 years (annualised) | +3.67% |
PAIHX Annual Returns
Calendar-year total returns of T. Rowe Price Global High Income Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.79% |
| 2025 | +9.09% |
| 2024 | +8.27% |
| 2023 | +13.68% |
| 2022 | −12.09% |
| 2021 | +2.84% |
| 2020 | +5.63% |
| 2019 (Jul–Dec) | +4.60% |
PAIHX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.7% | −0.5% | −1.4% | +1.9% | +0.8% | +0.3% | — | — | — | — | — | — |
| 2025 | +1.2% | +0.7% | −0.9% | −0.1% | +2.0% | +1.7% | +1.0% | +1.0% | +0.8% | +0.1% | +0.4% | +0.8% |
| 2024 | +0.5% | +0.5% | +0.5% | −0.5% | +1.1% | +0.9% | +1.8% | +1.3% | +1.3% | −0.1% | +0.8% | −0.1% |
| 2023 | +4.0% | −1.1% | +0.3% | +0.8% | −0.8% | +1.8% | +1.6% | +0.4% | −0.4% | −1.3% | +4.3% | +3.3% |
| 2022 | −2.5% | −1.9% | −0.4% | −2.8% | −1.5% | −6.8% | +4.0% | −0.7% | −4.7% | +1.6% | +3.5% | 0.0% |
| 2021 | +0.3% | +0.6% | +0.1% | +0.9% | +0.4% | +0.8% | +0.1% | +0.6% | −0.1% | −1.0% | −1.5% | +1.7% |
| 2020 | +0.3% | −2.1% | −15.1% | +7.1% | +4.5% | +1.8% | +3.9% | +1.6% | −1.2% | +0.8% | +3.9% | +1.8% |
| 2019 | — | — | — | — | — | — | +0.8% | +0.4% | +0.8% | +0.4% | +0.4% | +1.8% |
PAIHX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 3.94%
- 3-year Sharpe ratio: 1.19 (vs 4.5% risk-free rate)
- Best month: +4.34% (Nov 2023)
- Worst month: −1.41% (Mar 2026)
PAIHX Fund Flows
Monthly money in and out of T. Rowe Price Global High Income Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$40.3M
- 12-month gross sales (incl. reinvestments): $373.4M
- Sales ÷ redemptions: 0.90×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $11.4M | $38.7M | −$27.3M |
| May 2026 | $116.0M | $18.0M | $98.0M |
| Apr 2026 | $13.7M | $15.5M | −$1.8M |
| Mar 2026 | $9.9M | $237.5M | −$227.6M |
| Feb 2026 | $44.6M | $10.8M | $33.9M |
| Jan 2026 | $37.8M | $13.1M | $24.7M |
| Dec 2025 | $17.9M | $19.5M | −$1.6M |
| Nov 2025 | $23.7M | $11.1M | $12.6M |
| Oct 2025 | $29.1M | $12.5M | $16.7M |
| Sep 2025 | $21.4M | $5.6M | $15.8M |
| Aug 2025 | $25.7M | $25.8M | −$129K |
| Jul 2025 | $22.2M | $5.6M | $16.6M |
PAIHX Assets Under Management
Net assets of T. Rowe Price Global High Income Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $610.41M |
| 2026-03-31 | $533.71M |
| 2025-12-31 | $723.12M |
| 2025-09-30 | $698.52M |
| 2025-06-30 | $657.40M |
| 2025-03-31 | $631.80M |
| 2024-12-31 | $578.26M |
| 2024-09-30 | $552.03M |
| 2024-06-30 | $362.52M |
| 2024-03-31 | $370.14M |
| 2023-12-31 | $299.48M |
| 2023-09-30 | $282.02M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.