T. Rowe Price Credit Opportunities Fund, Inc. (PRCPX)
| Fund Assets | 393.88M |
| Expense Ratio | 0.81% |
| Min. Investment | $500,000 |
| Turnover | 43.80% |
| Dividend (ttm) | 0.55 |
| Dividend Yield | 6.89% |
| Dividend Growth | -2.09% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 7.98 |
| YTD Return | 1.27% |
| 1-Year Return | 5.28% |
| 5-Year Return | 20.75% |
| 52-Week Low | 7.89 |
| 52-Week High | 8.13 |
| Beta (5Y) | 0.43 |
| Holdings | 298 |
| Inception Date | Apr 29, 2014 |
About PRCPX
T. Rowe Price Credit Opportunities Fund, Inc. is a mutual fund designed to pursue a combination of long-term capital appreciation and high income through a high-conviction, concentrated portfolio of below-investment-grade securities. It normally invests at least 80% of its assets in high-yield corporate bonds and securities, including up to 50% in floating-rate bank loans, with opportunistic exposure to select special credit situations based on rigorous fundamental research. Notable features include a focus on downside protection and risk-adjusted returns, an effective duration of about 2.74 years, and diversification across approximately 183 issuers, primarily in North America. The fund emphasizes credit quality ratings from BB to CCC and below, exposing it to heightened volatility, interest rate sensitivity, and credit risks associated with junk bonds and bank loans. Managed by experienced professionals like Rodney Rayburn since 2014, it targets aggressive, risk-tolerant investors seeking elevated income potential alongside moderate growth, positioning it as a specialized option within the high-yield bond category.
Performance
PRCPX had a total return of 5.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.98%.
Top 10 Holdings
16.84% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Gov. Reserve | TRPGRIA | 4.05% |
| Vistra Corp 8.875% | VST.V8.875 PERP C | 2.42% |
| EchoStar Corp. 10.75% | SATS.10.75 11.30.29 . | 1.91% |
| Venture Global LNG Inc. 9% | VENLNG.V9 PERP 144a | 1.36% |
| Hilcorp Energy I L.P/Hilcorp Finance Co 8.375% | HILCRP.8.375 11.01.33 144A | 1.34% |
| LifePoint Health, Inc 10% | RGCARE.10 06.01.32 144A | 1.23% |
| Rivian Holdings Llc / Rivian Llc / Rivian Automotive Llc 10% | RIVHOL.10 01.15.31 144A | 1.17% |
| Hopper Merger Sub | n/a | 1.17% |
| Service Properties Trust 8.625% | SVC.8.625 11.15.31 144A | 1.10% |
| Asurion | ASUCOR.L 01.22.29 6 | 1.09% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.04433 | Jun 30, 2026 |
| May 29, 2026 | $0.04594 | May 29, 2026 |
| Apr 30, 2026 | $0.04568 | Apr 30, 2026 |
| Mar 31, 2026 | $0.04469 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03946 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04583 | Jan 30, 2026 |