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T. Rowe Price Instl High Yield TRHYX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 7.65  /  0.28 %
  • Total Assets 1.7 Bil
  • Adj. Expense Ratio
    0.500%
  • Expense Ratio 0.500%
  • Distribution Fee Level Low
  • 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 6.67%
  • Effective Duration 3.82 years

USD | NAV as of Dec 06, 2023 | 1-Day Return as of Dec 06, 2023, 11:15 PM GMT+0

Morningstar’s Analysis TRHYX

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

People Pillar

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

T. Rowe Price Global High Yield Bond Strategy Reopens for New Investments

null Elbie Louw

Elbie Louw

Analyst Note

On 1 September 2023, the U.S.-registered T. Rowe Price High Yield and T. Rowe Price Institutional High Yield Bond funds will reopen for new investments. The two funds were closed to new investments starting in April 2012 as the team sought to manage capacity.

by Elbie Louw
Published on

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Portfolio Holdings TRHYX

More TRHYX Holdings
  • Current Portfolio Date
  • Equity Holdings 5
  • Bond Holdings 422
  • Other Holdings 9
  • % Assets in Top 10 Holdings 9.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

T. Rowe Price Gov. Reserve

1.43
23,552,716
Cash and Equivalents

Rivian Holdings Llc / Rivian Llc / Rivian Automotive Llc 10.93114%

1.30
21,510,000
Corporate

CCO Holdings, LLC/ CCO Holdings Capital Corp. 6.375%

0.96
15,903,000
Corporate

UKG

0.95
15,635,812
Corporate

Asurion

0.92
15,102,154
Corporate

Asurion

0.90
14,906,459
Corporate

Venture Global LNG Inc. 8.375%

0.88
14,581,706
Corporate

Ford Motor Company 6.1%

0.85
13,980,430
Corporate

American Airlines, Inc. 11.75%

0.84
13,905,125
Corporate

Caesars Entertainment Inc New 8.125%

0.71
11,684,138
Corporate