RPIHX Fees and Costs — T. Rowe Price Global High Income Bond Fund
Data updated: 2026-08-27
The net expense ratio is 0.75%: a 0.55% management fee plus 0.26% other expenses, less a 0.06% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $311 in broker commissions, and portfolio turnover was 58%.
RPIHX Fees and Expenses
Annual operating expenses and sales charges of RPIHX. Prospectus, as of February 25, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.26% |
| Gross expense ratio | 0.81% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.75% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
RPIHX Costs Over Time
On $10,000 invested in RPIHX, assuming 5% a year before costs, total costs come to $471 over 5 years, cutting the return by 0.79% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.75%) | $79 | $246 | $428 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $79 | $259 | $471 |
| Value after costs | $10,421 | $11,318 | $12,291 |
| Impact on return, per year | 0.79% | 0.79% | 0.79% |
RPIHX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: $311
- Bought from dealers (principal trades, not a cost): $749.7M
- Portfolio turnover (prospectus): 58%
- Securities lending: none during the year
RPIHX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS AG | $205 | 66.13% |
| GOLDMAN SACHS & CO. LLC | $92 | 29.68% |
| BARCLAYS CAPITAL INC. | $12 | 3.87% |
| LUMINEX TRADING & ANALYTICS LLC | $1 | 0.32% |
RPIHX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $106.4M | 18.89% |
| GOLDMAN SACHS & CO. LLC | $97.2M | 17.25% |
| MORGAN STANLEY & CO. LLC | $63.9M | 11.35% |
| Citigroup Inc. | $60.0M | 10.65% |
| BOFA SECURITIES, INC. | $58.6M | 10.41% |
| BARCLAYS CAPITAL INC. | $45.8M | 8.13% |
| JEFFERIES LLC | $41.8M | 7.42% |
| Deutsche Bank Securities Inc. | $31.7M | 5.64% |
| BNP PARIBAS | $29.1M | 5.17% |
| RBC Capital Markets, LLC | $28.7M | 5.09% |
T. Rowe Price Global High Income Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RPOIX | I Class | 0.60% | — |
| RPIHX | T. Rowe Price Global High Income Bond Fund | 0.75% | — |
| PAIHX | Advisor Class | 0.96% | — |
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.