T Rowe Price Fund Quote
| PRHYX Fund | USD 5.97 -0.01 -0.17% |
Performance
| NAV Risk Level
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T Rowe Price (PRHYX) currently is priced at $5.97 as of April 25, 2026, representing 0.17% down on the day after opening at $5.98. T Rowe currently exhibits 21% estimated likelihood of significant NAV decline over the forecast period. Over the prior 90 trading days, T Rowe has produced modest risk-adjusted performance, in line with its mild performance profile. The performance scores are measured across the period from January 25, 2026 to April 25, 2026. Learn more.
Moving together with PRHYX Mutual FundMutual Fund Highlights
T Rowe Price [PRHYX] is traded in USA. The fund is listed under the High Yield Bond category and is part of the T. Rowe Price family. The entity is thematically classified as Junk Bonds Funds. This fund at this time has accumulated 6.28 B in assets with a minimum initial investment of $2.5 K. T Rowe Price is currently producing a year-to-date (YTD) return of 1.51%, while the total return for the last 3 years is 8.63%. T Rowe operates as a operator in the t. rowe price segment where revenue is driven by core operating activities and end-market demand within its industry. T Rowe financial stability analysisInstrument Allocation
Mutual Fund Notable Updates
| Legal Name | T. Rowe Price High Yield Fd In |
| Thematic Idea | Junk Bonds Funds (View all Themes) |
| Fund Concentration | T. Rowe Price Funds, Large Funds, High Yield Bond Funds, Junk Bonds Funds, High Yield Bond, T. Rowe Price, Large, High Yield Bond, (View all Sectors) |
Additional Fund Information
| Update Date | 31st of March 2026 |
| Expense Ratio Date | 1st of August 2025 |
| Fiscal Year End | May |
Sector Allocation
Investors typically prefer portfolios diversified across different sectors. Wider sector coverage improves the probability of positive returns, though it may compress PRHYX Mutual Fund expected return.
Investment funds like T Rowe Price Mutual Fund offer a low-cost alternative to custom portfolios. Sector fund diversification can be an effective strategy for adjusting sector exposure.
Top Holders
| TRRIX | T Rowe Price | Mutual Fund | Allocation--30% to 50% Equity | |
| RPSIX | Spectrum Income Fund | Mutual Fund | Multisector Bond | |
| PARGX | T Rowe Price | Mutual Fund | Target-Date 2000-2010 | |
| PARAX | T Rowe Price | Mutual Fund | Target-Date 2000-2010 | |
| PARIX | T Rowe Price | Mutual Fund | Allocation--30% to 50% Equity | |
| TRRFX | T Rowe Price | Mutual Fund | Target-Date 2000-2010 | |
| TRRGX | T Rowe Price | Mutual Fund | Target-Date 2015 | |
| RRTIX | T Rowe Price | Mutual Fund | Allocation--30% to 50% Equity |
Common Risk Profiles
| Mean Deviation | 0.1801 | |||
| Semi Deviation | 0.1408 | |||
| Standard Deviation | 0.2591 | |||
| Variance | 0.0671 |
T Rowe Price Against Markets
Mutual Fund Analysis Notes
The fund maintains about 93.3% of assets in bonds. T Rowe Price's last dividend was $0.03 per share. Latest disclosures for T Rowe Price show $1.1 billion in Total Assets and $6.3 billion in Net Assets.Thematic Classifications
Looking at T Rowe Price through a thematic lens provides context for understanding which broader trends, sectors, or policy shifts may be supporting the position. Themes also make it easier to compare substitutes, complements, and diversified extensions of the original idea before capital is allocated.
 | Junk Bonds FundsFunds with bonds rated BB or lower |
Institutional Mutual Fund Holders for T Rowe
T Rowe Price holder mix determines how liquidity and price discovery behave during market stress. Ownership mix should still be evaluated through filings, holder turnover, and governance disclosures. Share-count trends should still be monitored for dilution or capital-structure change. Whether T Rowe Price institutional base is growing or shrinking quarter over quarter matters more than a single snapshot.
| TRRIX | T Rowe Price | Mutual Fund | Allocation--30% to 50% Equity | |
| RPSIX | Spectrum Income Fund | Mutual Fund | Multisector Bond | |
| PARGX | T Rowe Price | Mutual Fund | Target-Date 2000-2010 | |
| PARAX | T Rowe Price | Mutual Fund | Target-Date 2000-2010 | |
| PARIX | T Rowe Price | Mutual Fund | Allocation--30% to 50% Equity | |
| TRRFX | T Rowe Price | Mutual Fund | Target-Date 2000-2010 | |
| TRRGX | T Rowe Price | Mutual Fund | Target-Date 2015 | |
| RRTIX | T Rowe Price | Mutual Fund | Allocation--30% to 50% Equity |
Outstanding Bonds
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| Morgan Stanley Jul Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Predictive Daily Indicators
T Rowe's daily data helps shareholders distinguish genuine momentum from short-lived noise in the fund's holdings. For High Yield Bond funds, accumulation and distribution signals track whether capital is flowing into or out of T Rowe's underlying positions. At 1 in daily activity, combining T Rowe's price action with volume context distinguishes informed selling from routine redemptions. The daily signal set is designed for active monitoring. Longer-term shareholders may find monthly or quarterly data more relevant.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 5.97 | |||
| Day Typical Price | 5.97 | |||
| Price Action Indicator | -0.01 | |||
| Period Momentum Indicator | -0.01 | |||
| Relative Strength Index | 58.93 |
Forecast Models
T Rowe's forecast models with a 10.6% one-year return describe NAV patterns, not certainties. The value is gauging how predictable the fund is. T Rowe returned over one year. Comparing multiple forecast methods helps shareholders gauge how sensitive the estimate is to methodology. T Rowe returned 4.2% over five years. Tracking error between forecast and actual NAV helps calibrate model reliability for the fund. Since inception on 1984-12-31, reviewing T Rowe's forecasts alongside expense ratio and peer returns gives a more complete picture.Mutual Fund Overview, Methodology & Data Sources
The fund overview for T Rowe summarizes mandate, holdings profile, and risk characteristics. The fund has exposure to T. Rowe Price Funds, Large Funds, High Yield Bond Funds. The current allocation is approximately 2.0% equities, 93.0% bonds and 2.0% cash. It is classified under High Yield Bond within the T. Rowe Price family.
Methodology
Unless otherwise specified, data for T Rowe Price is derived from fund disclosures (prospectus language, holdings reports, and periodic statements where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on instrument type. T Rowe Price market data and reported NAV may reflect delayed updates. Data may be delayed depending on reporting sources and market conventions. All analytics presented are generated using Macroaxis quantitative models that incorporate financial statement analysis, market data, and risk metrics to ensure consistency and comparability. Assumptions: Information for T Rowe Price is compiled from public fund disclosures, holdings reports, and market data feeds and official sources including U.S. Securities and Exchange Commission (SEC) via EDGAR. Reporting latency may occur in some cases. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.
Research Sources
T Rowe Price may have reference inputs that incorporate holdings disclosures, category classification, and NAV-derived statistics where available. Updates may occur throughout the day.
Editorial review and methodology oversight provided by: Gabriel Shpitalnik, Member of Macroaxis Editorial Board