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T. Rowe Price Tax-Free High Yield Adv PATFX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See T. Rowe Price Investment Hub

Morningstar’s Analysis PATFX

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

  • People Pillar

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

A solid choice in the high-yield municipal bond cohort.

Associate Director Elizabeth Foos

Elizabeth Foos

Associate Director

Summary

Experienced managers employ bottom-up research and robust analytical tools to ply a compelling and repeatable process at T. Rowe Price Tax-Free High Yield.

by Elizabeth Foos
Rated on Published on

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