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T. Rowe Price High Yield Adv PAHIX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
6.68  /  0.02 %
Total Assets
8.5 Bil
Adj. Expense Ratio
1.000%
Expense Ratio
1.000%
Fee Level
Above Average
Longest Manager Tenure
2.52 years
Category
High Yield Bond
Credit Quality / Interest Rate Sensitivity
Low / Limited
Min. Initial Investment
2,500
Status
Limited
TTM Yield
4.66%
Effective Duration
2.93 years

USD | NAV as of Jul 22, 2021 | 1-Day Return as of Jul 22, 2021, 9:35 PM GMT+00:00

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Morningstar’s Analysis

Will PAHIX outperform in future?

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

Process Pillar

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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.

People Pillar

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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.

Parent Pillar

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The Parent Pillar is our rating of PAHIX’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.

Analyst

Summary

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Because of a technical error, the Analyst Rating for one or more share classes of this fund was incorrect. We have resolved the error and corrected the Analyst Rating for all share classes affected by it. For further details, go to morningstar.com/learn/ar. T. Rowe Price’s extensive research resources and multilayered approach reaffirms its Morningstar Analyst Rating of Gold for its cheapest share class.

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