T. Rowe Price has announced that Rodney Rayburn, sole portfolio manager of T. Rowe Price Global High Yield will exit day-to-day portfolio management at year-end 2026 ahead of a planned February 2027 retirement.
T. Rowe Price High Yield Fund PRHYX
- NAV / 1-Day Return 5.92 / +0.17 %
- Total Assets 6.3B
-
Adj. Expense Ratio
0.700%
- Expense Ratio 0.750%
- Distribution Fee Level Below Average
- Share Class Type No Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 6.71%
- Effective Duration 2.92 years
USD | NAV as of Jun 10, 2026 | 1-Day Return as of Jun 10, 2026, 12:11 AM GMT+0
Morningstar’s Analysis PRHYX
Will PRHYX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the PRHYX 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 PRHYX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 7.6
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Cash Offsets For Shorts & Derivatives | 1.62 | 103M | Cash and Equivalents |
Cloud Software Group Inc. 9% | 1.00 | 64M | Corporate |
EchoStar Corp. 10.75% | 0.87 | 56M | Corporate |
LifePoint Health, Inc 10% | 0.85 | 54M | Corporate |
Rivian Holdings Llc / Rivian Llc / Rivian Automotive Llc 10% | 0.83 | 53M | Corporate |
Carvana Co 9% | 0.72 | 46M | Corporate |
TransDigm, Inc. 6.875% | 0.72 | 46M | Corporate |
1261229 Bc Ltd. 10% | 0.69 | 44M | Corporate |
Hopper Merger Sub | 0.63 | 40M | Corporate |
Alliant Inc Services Pfd Pp | 0.63 | 40M | Corporate |
United States