T. Rowe Price Tax-Free High Yield Fund (PRFHX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.63
+0.03 (0.28%)
Aug 1, 2025, 8:09 AM EDT
0.28% (1Y)
| Fund Assets | 3.26B |
| Expense Ratio | 0.63% |
| Min. Investment | $500,000 |
| Turnover | 14.20% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 4.06% |
| Dividend Growth | 7.01% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 10.60 |
| YTD Return | -3.72% |
| 1-Year Return | -2.84% |
| 5-Year Return | 2.31% |
| 52-Week Low | 10.44 |
| 52-Week High | 11.42 |
| Beta (5Y) | 1.15 |
| Holdings | 986 |
| 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 T. Rowe Price
Category High Yield Muni
Stock Exchange NASDAQ
Ticker Symbol PRFHX
Index Index is not available on Lipper Database
Performance
PRFHX had a total return of -2.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.55%.
Top 10 Holdings
9.57% of assets| Name | Symbol | Weight |
|---|---|---|
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE | n/a | 1.93% |
| BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY | OH.BUCGEN 5 06.01.2055 | 1.86% |
| METROPOLITAN PIER & EXPOSITION AUTHORITY | IL.MPNFAC 0 12.15.2033 | 0.99% |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE | n/a | 0.92% |
| GOLDEN STATE TOBACCO SECURITIZATION CORP | CA.GLDGEN 0 06.01.2066 | 0.87% |
| MARYLAND ECONOMIC DEVELOPMENT CORP | n/a | 0.81% |
| TEXAS PRIVATE ACTIVITY BOND SURFACE TRANSPORTATION CORP | TX.TXSTRN 5.5 12.31.2058 | 0.57% |
| PUERTO RICO COMMONWEALTH AQUEDUCT & SEWER AUTHORITY | n/a | 0.57% |
| TUSCALOOSA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY | n/a | 0.53% |
| COMMONWEALTH OF PUERTO RICO | n/a | 0.51% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.03485 | Jun 30, 2025 |
| May 30, 2025 | $0.03719 | May 30, 2025 |
| Apr 30, 2025 | $0.03623 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03498 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03341 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03686 | Jan 31, 2025 |