T. Rowe Price Intermediate Tax-Free High Yield Fund (PRIHX)
| Fund Assets | 193.05M |
| Expense Ratio | 0.46% |
| Min. Investment | $500,000 |
| Turnover | 11.40% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.82% |
| Dividend Growth | 6.97% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 9.94 |
| YTD Return | 0.76% |
| 1-Year Return | 6.60% |
| 5-Year Return | 7.78% |
| 52-Week Low | 9.63 |
| 52-Week High | 10.13 |
| Beta (5Y) | n/a |
| Holdings | 568 |
| Inception Date | Jul 24, 2014 |
About PRIHX
T. Rowe Price Intermediate Tax‑Free High Yield Fund is an open‑end municipal bond fund focused on delivering a high level of income that is exempt from federal income taxes. The strategy primarily targets intermediate‑term municipal securities and normally invests at least 80% of net assets in bonds whose interest is federally tax‑free, while generally emphasizing higher‑yielding, below‑investment‑grade issues. The portfolio typically maintains a weighted average effective maturity of three to ten years, balancing income generation with moderate interest‑rate sensitivity. The fund may allocate to sectors such as health care, transportation, utilities, leasing, and private activity bonds, and can invest a limited portion in defaulted bonds within stated constraints. Managed by T. Rowe Price’s municipal team, the vehicle seeks diversified exposure across revenue and general obligation bonds and may include securities subject to the alternative minimum tax for a minority of income. With an intermediate duration profile and high yield muni orientation, the fund serves investors seeking tax‑advantaged income from municipal credit while occupying a niche between short‑duration tax‑free funds and long‑duration high yield muni strategies.
Performance
PRIHX had a total return of 6.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.87%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| TFHAX | -i Class | 0.41% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.03203 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03189 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02989 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03261 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03472 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02928 | Nov 28, 2025 |