T. Rowe Price High Yield Fund

 (MUTF:PRHYX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.00%  
1 week   +0.50%
   
4 week   +1.18%
   
3 month   +2.37%
   
YTD   +5.41%
   
1 year   +10.17%
   
3 years*   +4.31%
   
5 years*   +6.72%
   
*annualized
Best 3 month return+19.53%  
Worst 3 month return-25.71%  

Morningstar statistics

Morningstar category: High Yield Bond
  Return Risk Rating
3 years Above Average Average
5 years Above Average Average
10 years Above Average Average
Overall Above Average Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets9.52B 
Front load-  
Deferred load-  
Expense ratio0.75%  
Management fee-  
Fund familyT. Rowe Price 

Asset allocation

Cash4.41%  
Stocks1.79%  
Bonds85.19%  
Preferred0.40%  
Convertible1.15%  
Other7.08%  

Purchase information

Initial$2,500  
Additional$100  
IRA Initial$1,000  
AIP Initial$2,500  
AIP Additional$100  
6.800.00(0.00%)
Jul 23, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks high current income and, secondarily, capital appreciation. The fund will normally invest at least 80% of its net assets 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), and tend to provide high income in an effort to compensate investors for their higher risk of default.
Fund filings (PDF) »
Asset manager:
Mark Vaselkiv (Started: Jun 30, 1996)
Advisor Company:
T. Rowe Price Associates, Inc.
Fund family reports on Morningstar »
Dubai International Financial Centre, PO Box 482023, The Gate, Level 15, Office 24, Baltimore MD 21202, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 11.32 2.98 5.52 4.43
Beta* 0.59 0.28 0.48 0.57
Mean annual return 0.95 0.32 0.56 0.60
R-squared* 33.44 2.31 7.85 3.82
Standard deviation 3.00 5.41 4.96 9.53
Sharpe ratio 3.57 0.67 1.32 0.70
* Against standard index

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