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T. Rowe Price Tax-Free High Yield PRFHX

Analyst rating as of
NAV / 1-Day Return
10.78  /  0.06 %
Total Assets
4.0 Bil
Adj. Expense Ratio
0.630%
Expense Ratio
0.630%
Distribution Fee Level
Above Average
Share Class Type
No Load
Category
High Yield Muni
Credit Quality / Interest Rate Sensitivity
Min. Initial Investment
2,500
Status
Open
TTM Yield
3.69%
Effective Duration
7.52 years

Morningstar’s Analysis PRFHX

Will PRFHX outperform in future?

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

A strong choice among the high-yield municipal bond cohort.

Associate Director

Summary

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Experienced managers ply a compelling and repeatable process at T. Rowe Price Tax-Free High Yield that employs bottom-up research and robust analytical tools. This supports a Morningstar Analyst Rating of Gold for the strategy’s cheapest share classes and Silver for the strategy’s advisor shares.

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