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T. Rowe Price Tax-Free High Yield PRFHX

Analyst rating as of
NAV / 1-Day Return
12.55  /  0.02 %
Total Assets
5.5 Bil
Adj. Expense Ratio
Expense Ratio
Fee Level
Above Average
Longest Manager Tenure
20.76 years
High Yield Muni
Credit Quality / Interest Rate Sensitivity
Low / Moderate
Min. Initial Investment
TTM Yield
Effective Duration
5.82 years

Morningstar’s Analysis

Will PRFHX outperform in future?

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

T. Rowe Price’s New Entity Brings Opportunities and Trade-Offs

Senior Analyst

Analyst Note

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T. Rowe Price Group TROW announced on Nov. 19 that it plans to split its investment-research organization in two with the launch of T. Rowe Price Investment Management in 2022’s second quarter. Six existing strategies and supporting analytical resources will move to the new entity, and this cohort will remain entirely separate from the legacy T. Rowe Price Associates; the two teams will not share research or investment resources once divided.

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