Is PRSNX a Strong Bond Fund Right Now?

Diversified Bonds fund seekers should not consider taking a look at T. Rowe Price Global Multi-Sector Bond Investor (PRSNX) at this time. PRSNX possesses a Zacks Mutual Fund Rank of 4 (Sell), which is based on nine forecasting factors like size, cost, and past performance.
Objective
PRSNX is one of many Diversified Bonds funds to choose from. Diversified Bonds funds give investors exposure to a variety of fixed income types that span across different issuers, maturities, and credit levels. Usually,…

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