Skip to Content
Morningstar

T. Rowe Price Credit Opportunities Adv PAOPX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 7.74  /  +0.19 %
  • Total Assets 176.9 Mil
  • Adj. Expense Ratio
    0.910%
  • Expense Ratio 0.910%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 6.81%
  • Effective Duration 2.99 years

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:18 PM GMT+0

Morningstar’s Analysis PAOPX

Will PAOPX 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 PAOPX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PAOPX 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 PAOPX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin T. Rowe Price Credit Opportunities Adv's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PAOPX

More PAOPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

T. Rowe Price Gov. Reserve

6.00 10.9 Mil
Cash and Equivalents

Vistra Energy Corporation 8.875%

2.19 4.0 Mil
Corporate

Talen Energy Supply LLC 8.625%

1.86 3.4 Mil
Corporate

UKG

1.60 2.9 Mil
Corporate

UKG Inc. 6.875%

1.56 2.8 Mil
Corporate

Panther Escrow Issuer LLC / Panther Co-Issuer Inc. 7.125%

1.50 2.7 Mil
Corporate

Vistra Energy Corporation 8%

1.50 2.7 Mil
Corporate

OneMain Financial Corporation 9%

1.31 2.4 Mil
Corporate

Truist Insurance Holdings

1.28 2.3 Mil
Corporate

Jones Deslauriers Insurance Management Inc. 10.5%

1.25 2.3 Mil
Corporate