T. Rowe Price High Yield Fund (PRHYX)
| Fund Assets | 6.59B |
| Expense Ratio | 0.70% |
| Min. Investment | $2,500 |
| Turnover | 88.10% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 6.78% |
| Dividend Growth | 1.63% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 5.91 |
| YTD Return | -0.45% |
| 1-Year Return | 7.07% |
| 5-Year Return | 16.78% |
| 52-Week Low | 5.70 |
| 52-Week High | 6.04 |
| Beta (5Y) | n/a |
| Holdings | 432 |
| Inception Date | Dec 31, 1984 |
About PRHYX
T. Rowe Price High Yield Fund is a mutual fund focused on generating high current income through investments in below-investment-grade corporate bonds, commonly known as 'junk' bonds. The fund also holds income-producing convertible securities and preferred stocks that are rated below investment grade or not rated but considered to be below investment grade by T. Rowe Price. With a diversified portfolio of hundreds of individual issues, the fund aims to mitigate the risk associated with any single issuer. Managed by experienced professionals, T. Rowe Price High Yield Fund targets investors seeking higher yields than those offered by investment-grade bonds or Treasury securities, accepting the increased risk of default that comes with high-yield debt. The fund is recognized for its rigorous credit analysis and broad sector exposure, including financials, energy, healthcare, and technology. Its strategy emphasizes both income generation and the potential for capital appreciation, making it a notable option within the high-yield bond category.
Performance
PRHYX had a total return of 7.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.80%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.02939 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03357 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04075 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03036 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03544 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03139 | Sep 30, 2025 |