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.
Will PAHIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PAHIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PAHIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PAHIX’s parent organization’s priorities and whether they’re in line with investors’ interests.