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T. Rowe Price Tax-Free High Yield PRFHX

Analyst rating as of
NAV / 1-Day Return
10.66  /  0.29 %
Total Assets
3.9 Bil
Adj. Expense Ratio
0.630%
Expense Ratio
0.630%
Fee Level
Above Average
Longest Manager Tenure
21.86 years
Category
High Yield Muni
Credit Quality / Interest Rate Sensitivity
Min. Initial Investment
2,500
Status
Open
TTM Yield
3.85%
Effective Duration
7.52 years

Morningstar’s Fund Analysis PRFHX

Will PRFHX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A strong choice among the high-yield municipal bond cohort.

Associate Director

Summary

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Experienced managers ply a compelling and repeatable process at T. Rowe Price Tax-Free High Yield that employs bottom-up research and robust analytical tools. This supports a Morningstar Analyst Rating of Gold for the strategy’s cheapest share classes and Silver for the strategy’s advisor shares.

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