T. Rowe Price High Yield’s deep credit team and consistent process reaffirm a Morningstar Analyst Rating of Silver for its cheapest share class; its other shares are rated Bronze.
T. Rowe Price High Yield I PRHIX
NAV / 1-Day Return
5.87
/
0.32
%
Total Assets
7.3 Bil
Adj. Expense Ratio
0.600%
Expense Ratio
0.600%
Fee Level
Below Average
Longest Manager Tenure
3.57
years
Category
High Yield Bond
Credit Quality / Interest Rate Sensitivity
Low / LimitedMin. Initial Investment
1,000,000
Status
Open
TTM Yield
5.97%
Effective Duration
4.52
years
Morningstar’s Fund Analysis PRHIX
Will PRHIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PRHIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PRHIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of PRHIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
The strategy’s well-resourced research team complements its multilayered approach.
