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Morningstar

T. Rowe Price High Yield I PRHIX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 5.65  /  0.02 %
  • Total Assets 6.9 Bil
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 0.600%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 1,000,000
  • Status Limited
  • TTM Yield 6.42%
  • Effective Duration 3.98 years

USD | NAV as of Jun 07, 2023 | 1-Day Return as of Jun 07, 2023, 10:15 PM GMT+0

Morningstar’s Analysis PRHIX

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

People Pillar

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

A well-resourced credit cohort drives this multilayered approach.

Senior Analyst Paul Olmsted

Paul Olmsted

Senior Analyst

Summary

T. Rowe Price High Yield’s veteran lead manager leverages its deep global credit research team to consistently execute its multilayered approach. The fund’s Institutional shares earn a Morningstar Analyst Rating of Silver, while it costlier shares are Bronze and Neutral.

by Paul Olmsted
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PRHIX

More PRHIX Holdings
  • Current Portfolio Date
  • Equity Holdings 4
  • Bond Holdings 422
  • Other Holdings 13
  • % Assets in Top 10 Holdings 9.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

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170,827,319
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iHeartCommunications Inc 8.375%

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0.96
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UKG

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Asurion

0.84
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Caesars Entertainment Inc New 8.125%

0.74
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