T. Rowe Price High-Yield Fund (PRHYX)

7.08
Net Asset Value
-0.28%
1 Day
+1.43%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
0.75%
Expense Ratio
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-2.38% 3 years+11.35%
3 months+1.26% 5 years+9.71%
1 year+15.18% Since inception+8.82%
Data through --

Peer Comparisonvs. High yield bond

 PRHYXCategory
Performance 5-yr return+9.71%+9.36%
Expense ratio0.75%1.17%
Risk 5 year sharpe ratio0.830.73
Net assets$9.2B$1.6B
Average market cap$6.7B$12.1B
Average P/E--16.3
Portfolio turnover63%63%

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Fund Management and Purchase Info

Fund familyT. Rowe Price
Fund manager & tenureMark Vaselkiv / 16 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Other100.00%
U.S. stock--
International stock--
Fixed income--
Cash--
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
-- Sprint Nextel 144A 9%0.79%
-- Cit Grp 144A 5.5%0.72%
-- Univision Comms 144A 8.5%0.65%
-- Sprint Cap 6.875%0.64%
-- Genon Escrow 9.5%0.62%
-- Rite Aid 9.25%0.60%
-- Mgm Resorts Intl 6.625%0.57%
-- Hca 7.5%0.55%
-- First Data 12.625%0.55%
-- First Data 144A 11.25%0.51%

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