T. Rowe Price Global Multi-Sector Bond Fund (PRSNX) Alternatives
T. Rowe Price Global Multi-Sector Bond Fund (PRSNX) belongs to the Global Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PRSNX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to PRSNX
PRSNX charges 0.65% annually. Among mutual funds in the Global Bonds category, these options have the lowest expense ratios among PRSNX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Fidelity International Bond Index Fund | 0.06% | Oct 10, 2019 | PRSNX vs FBIIX | |
| Vanguard Total International Bond II Index Fund | 0.07% | Feb 26, 2021 | PRSNX vs VTILX | |
| Vanguard Total International Bond II Index Fund In... | 0.11% | Feb 17, 2021 | PRSNX vs VTIIX | |
| Vanguard Total International Bond Index Fund | 0.13% | May 30, 2013 | PRSNX vs VTIBX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 0.16% | Jan 8, 2008 | PRSNX vs DFSHX |
Best Risk-Adjusted Alternatives to PRSNX
Among mutual funds in the Global Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Eaton Vance Global Bond Fund | 97 | Jun 26, 2007 | PRSNX vs EAIIX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 97 | Jan 8, 2008 | PRSNX vs DFSHX | |
| Payden Global Low Duration Fund | 97 | Sep 17, 1996 | PRSNX vs PYGSX | |
| T. Rowe Price International Bond Fund (USD Hedged) | 95 | Sep 11, 2017 | PRSNX vs TNBMX | |
| Saturna Sustainable Bond Fund | 90 | Mar 26, 2015 | PRSNX vs SEBFX |
Top Performing PRSNX Alternatives (YTD)
PRSNX alternatives from the Global Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Eaton Vance Global Bond Fund | 0.92% | Jun 26, 2007 | PRSNX vs EAIIX | |
| DFA Two Year Global Fixed Income Portfolio | 0.77% | Feb 8, 1996 | PRSNX vs DFGFX | |
| Destinations Global Fixed Income Opportunities Fun... | 0.46% | Mar 19, 2017 | PRSNX vs DGFFX | |
| UBS Sustainable Development Bank Bond Fund | 0.17% | Oct 23, 2018 | PRSNX vs UDBPX | |
| DFA Five Year Global Fixed Income Portfolio | 0.15% | Nov 5, 1990 | PRSNX vs DFGBX |
Lowest Volatility Alternatives to PRSNX
PRSNX alternatives from the Global Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| DFA Selectively Hedged Global Fixed Income Portfol... | 1.17% | Jan 8, 2008 | PRSNX vs DFSHX | |
| DFA Two Year Global Fixed Income Portfolio | 1.56% | Feb 8, 1996 | PRSNX vs DFGFX | |
| DFA Five Year Global Fixed Income Portfolio | 1.64% | Nov 5, 1990 | PRSNX vs DFGBX | |
| Payden Global Low Duration Fund | 1.66% | Sep 17, 1996 | PRSNX vs PYGSX | |
| SA Global Fixed Income Fund | 2.36% | Jul 28, 1999 | PRSNX vs SAXIX |
Lowest Drawdown Alternatives to PRSNX
PRSNX alternatives from the Global Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Payden Global Low Duration Fund | -1.23% | Sep 17, 1996 | PRSNX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | -1.28% | Jan 8, 2008 | PRSNX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | -1.38% | Nov 5, 1990 | PRSNX vs DFGBX | |
| DFA Two Year Global Fixed Income Portfolio | -1.41% | Feb 8, 1996 | PRSNX vs DFGFX | |
| SA Global Fixed Income Fund | -1.59% | Jul 28, 1999 | PRSNX vs SAXIX |
Other Mutual Funds from T. Rowe Price
Most popular T. Rowe Price mutual funds on PortfoliosLab, across asset classes.
Often Compared With PRSNX
What investors most often compare with PRSNX, based on PortfoliosLab usage data.
Compare PRSNX with Any Fund or Stock
Compare PRSNX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.