T. Rowe Price Tax-Free High Yield Fund (PRFHX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.66
+0.04 (0.38%)
Apr 25, 2025, 8:09 AM EDT
-2.02% (1Y)
| Fund Assets | 3.46B |
| Expense Ratio | 0.63% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 3.98% |
| Dividend Growth | 6.96% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2025 |
| Previous Close | 10.62 |
| YTD Return | -3.45% |
| 1-Year Return | 1.18% |
| 5-Year Return | 11.43% |
| 52-Week Low | 10.44 |
| 52-Week High | 11.42 |
| Beta (5Y) | 1.16 |
| Holdings | 1033 |
| Inception Date | Feb 28, 1985 |
About PRFHX
The investment seeks a high level of income exempt from federal income taxes by investing primarily in long-term low- to upper-medium-grade municipal securities. Normally, at least 80% of the fund's income will be exempt from federal income taxes. However, up to 20% of the fund's income could be derived from securities subject to the alternative minimum tax. It generally seeks higher yielding municipal bonds, including those that are rated noninvestment grade (BB and lower, or an equivalent rating) by a major credit rating agency or by T. Rowe Price, known as "junk" bonds.
Fund Family Price Funds
Category High Yield Muni
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PRFHX
Index Index is not available on Lipper Database
Performance
PRFHX had a total return of 1.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.59%.
Top 10 Holdings
9.39% of assets| Name | Symbol | Weight |
|---|---|---|
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% | PR PRCGEN 0 07.01.2046 | 1.85% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | OH BUCGEN 5 06.01.2055 | 1.64% |
| MARYLAND ST ECONOMIC DEV CORP PRIVATE ACTIVITY REV 5.25% | MD MDSDEV 5.25 06.30.2055 | 1.22% |
| METROPOLITAN PIER & EXPOSITION AUTH ILL DEDICATED ST TAX REV 0% | IL MPNFAC 0 12.15.2033 | 0.93% |
| GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 0% | CA GLDGEN 0 06.01.2066 | 0.81% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | PR PRCGEN 5 07.01.2058 | 0.79% |
| Cash Offsets For Shorts & Derivatives | n/a | 0.55% |
| TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP REV 5.5% | TX TXSTRN 5.5 12.31.2058 | 0.55% |
| PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5% | PR PRCUTL 5 07.01.2047 | 0.53% |
| TUSCALOOSA CNTY ALA INDL DEV GULF OPPORTUNITY ZONE 5.25% | AL TUSDEV 5.25 05.01.2044 | 0.51% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2025 | $0.03498 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03341 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03686 | Jan 31, 2025 |
| Dec 31, 2024 | $0.0434 | Dec 31, 2024 |
| Nov 29, 2024 | $0.03546 | Nov 29, 2024 |
| Oct 31, 2024 | $0.03534 | Oct 31, 2024 |