T. Rowe Price Institutional High Yield Fund (TRHYX)
| Fund Assets | 1.41B |
| Expense Ratio | 0.50% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.53 |
| Dividend Yield | 6.82% |
| Dividend Growth | 4.06% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 28, 2025 |
| Previous Close | 7.90 |
| YTD Return | 1.52% |
| 1-Year Return | 6.67% |
| 5-Year Return | 25.80% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.46 |
| Holdings | 442 |
| Inception Date | May 31, 2002 |
About TRHYX
TRHYX was founded on 2002-05-31. The Fund's investment strategy focuses on Glbl High Yield with 0.5% total expense ratio. The minimum amount to invest in T Rowe Price Institutional Income Funds, Inc: T Rowe Price Institutional High Yield Fund is $1,000,000 on a standard taxable account. T Rowe Price Institutional Income Funds, Inc: T Rowe Price Institutional High Yield Fund seeks high current income and, secondarily, capital appreciation. The fund will normally invest at least 80% of net assets in a widely diversified portfolio of high-yield corporate bonds, often called "junk" bonds, income-producing convertible securities, and preferred stocks.
Performance
TRHYX had a total return of 6.67% in the past year. Since the fund's inception, the average annual return has been 6.54%, including dividends.
Top 10 Holdings
9.83% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash Offsets For Shorts & Derivatives | n/a | 1.41% |
| Cloud Software Group Inc. 9% | TIBX 9 09.30.29 144A | 1.29% |
| T. Rowe Price Gov. Reserve | TRPGRIA | 1.18% |
| Asurion | ASUCOR L 02.03.28 5 | 1.05% |
| UKG Inc. 6.875% | ULTI 6.875 02.01.31 144A | 0.95% |
| CCO Holdings, LLC/ CCO Holdings Capital Corp. 6.375% | CHTR 6.375 09.01.29 144A | 0.87% |
| Venture Global LNG Inc. 9% | VENLNG V9 PERP 144a | 0.85% |
| Rivian Holdings Llc / Rivian Llc / Rivian Automotive Llc 10.50198% | RIVHOL F 10.15.26 | 0.79% |
| HUB International Ltd. 7.25% | HBGCN 7.25 06.15.30 144A | 0.75% |
| Talen Energy Supply LLC 8.625% | TLN 8.625 06.01.30 144A | 0.69% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 28, 2025 | $0.04181 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0482 | Jan 31, 2025 |
| Dec 31, 2024 | $0.04553 | Dec 31, 2024 |
| Nov 29, 2024 | $0.04523 | Nov 29, 2024 |
| Oct 31, 2024 | $0.04471 | Oct 31, 2024 |
| Sep 30, 2024 | $0.04038 | Sep 30, 2024 |