T. Rowe Price High-Yield Fund (PRHYX)

Net Asset Value
1 Day
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks high current income and, secondarily, capital appreciation. The fund will normally invest at least 80% of its net assets (including any borrowings for investment purposes) in a widely diversified portfolio of high yield corporate bonds, often called "junk" bonds, as well as income-producing convertible securities and preferred stocks that are rated below investment-grade or not rated by any major credit rating agency but deemed to be below investment-grade by T. Rowe Price. High yield bonds are rated below investment grade (BB and lower, or an equivalent rating).


1 month-0.43% 3 years+8.91%
3 months+1.62% 5 years+12.47%
1 year+9.12% Since inception+8.80%
Data through --

Peer Comparisonvs. High yield bond

Performance 5-yr return+12.47%+12.57%
Expense ratio0.74%1.13%
Risk 5 year sharpe ratio1.801.79
Net assets$10.2B$1.7B
Average market cap$13.1B$12.8B
Average P/E22.116.7
Portfolio turnover56%56%

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Fund Management and Purchase Info

Fund familyT. Rowe Price
Fund manager & tenureMark Vaselkiv / 18 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00


Fixed income95.35%
U.S. stock0.98%
International stock0.51%
Top 5 Sectors
Portfolio weighting
Consumer goods 36.00%
Telecommunication 22.40%
Financial service 19.68%
Consumer service 8.00%
Energy 6.99%
Top 10 Holdings
Portfolio weighting
-- First Data 12.625%0.87%
-- Sprint 144A 7.125%0.82%
-- Chs / Cmnty Health Sys 144A 6.875%0.63%
-- Arqiva Broadcasting0.63%
-- Sprint Nextel 11.5%0.63%
-- Citycenter Holdings0.56%
-- Vpi Escrow 144A 6.375%0.55%
-- Concho Res 5.5%0.54%
-- First Data 144A 6.75%0.53%
-- Univision Comms 144A 8.5%0.53%

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