Skip to Content

T. Rowe Price Tax-Free High Yield PRFHX

Analyst rating as of
NAV / 1-Day Return
11.34  /  0.17 %
Total Assets
4.6 Bil
Adj. Expense Ratio
0.630%
Expense Ratio
0.630%
Fee Level
Above Average
Longest Manager Tenure
21.57 years
Category
High Yield Muni
Credit Quality / Interest Rate Sensitivity
Min. Initial Investment
2,500
Status
Open
TTM Yield
3.37%
Effective Duration
7.62 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 muni cohort.

Associate Director

Summary

| |

T. Rowe Price Tax-Free High Yield is managed by an experienced muni team. Thorough bottom-up research, rational and repeatable portfolio construction, and robust analytical tools support a Morningstar Analyst Rating of Gold for the strategy’s cheapest share classes and Silver for the strategy’s Advisor shares.

Unlock our full analysis with Morningstar Investor