T. Rowe Price High-Yield Fund (PRHYX)

7.18
Net Asset Value
0.00%
1 Day
+0.42%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
0.74%
Expense Ratio
Above Average
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).

Performance

1 month+0.38% 3 years+10.95%
3 months-0.40% 5 years+11.15%
1 year+9.42% Since inception+8.75%
Data through --

Peer Comparisonvs. High yield bond

 PRHYXCategory
Performance 5-yr return+11.15%+12.57%
Expense ratio0.74%1.13%
Risk 5 year sharpe ratio1.651.66
Net assets$9.9B$1.6B
Average market cap$16.8B$12.6B
Average P/E--21.0
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

Holdings

Fixed income94.29%
Cash3.40%
U.S. stock1.69%
Other1.02%
International stock0.50%
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%0.89%
-- Chrysler Grp Llc / Cg Co-Iss 8.25%0.80%
-- Sprint 144A 7.125%0.72%
-- Arqiva Broadcasting0.65%
-- Sprint Nextel 11.5%0.64%
-- Chs / Cmnty Health Sys 144A 6.875%0.63%
-- Concho Res 5.5%0.55%
-- Vpi Escrow 144A 6.375%0.53%
-- First Data 144A 6.75%0.53%
-- Chesapeake Engy 5.75%0.52%

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