T. Rowe Price High Yield Fund PRHYX

Morningstar Medalist Rating
  • NAV / 1-Day Return$5.70  /  −0.18%
  • Fund Size$6.3B
  • Adjusted Expense Ratio0.700%
  • Net Expense Ratio0.700%
  • Fee Level: DistributionAverage
  • Share Class TypeNo Load
  • Morningstar CategoryHigh Yield Bond
  • Fixed-Income Style Box (Funds)Low/Limited
  • Minimum Initial Investment$2,500
  • Investment StatusOpen
  • TTM Yield6.97%
  • Average Effective Duration3.10 yrs

Morningstar’s Analysis PRHYX

Will PRHYX outperform in the future?

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

Upcoming leadership changes temper our conviction.

Senior Analyst Elbie Louw

Elbie Louw

Senior Analyst

Summary

Upcoming leadership changes and related team adjustments lead to a downgrade of this strategy’s People Pillar rating to Average from Above Average.

Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PRHYX

  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings7.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

T. Rowe Price Gov. Reserve

2.00125M
Cash and Equivalents

EchoStar Corp. 10.75%

0.9157M
Corporate

Rivian Holdings Llc / Rivian Llc / Rivian Automotive Llc 10%

0.8855M
Corporate

LifePoint Health, Inc 10%

0.8452M
Corporate

1261229 Bc Ltd. 10%

0.8151M
Corporate

Vistra Corp 8.875%

0.7648M
Corporate

Carvana Co 9%

0.7647M
Corporate

Hopper Merger Sub

0.7144M
Corporate

Sword Purchaser LLC 8.25%

0.6843M
Corporate

Venture Global LNG Inc. 9%

0.6642M
Corporate

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