T. Rowe Price Institutional High Yield Fund (TRHYX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
7.91
0.00 (0.00%)
Dec 3, 2024, 4:00 PM EST
3.81% (1Y)
| Fund Assets | 1.77B |
| Expense Ratio | 0.50% |
| Min. Investment | $0.00 |
| Turnover | 38.40% |
| Dividend (ttm) | 0.52 |
| Dividend Yield | 6.62% |
| Dividend Growth | 3.13% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 29, 2024 |
| Previous Close | 7.91 |
| YTD Return | 6.12% |
| 1-Year Return | 9.80% |
| 5-Year Return | 17.55% |
| 52-Week Low | 7.62 |
| 52-Week High | 7.97 |
| Beta (5Y) | n/a |
| Holdings | 436 |
| Inception Date | May 31, 2002 |
About TRHYX
The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in a widely diversified portfolio of high yield corporate bonds, often called "junk" bonds, as well as income-producing convertible securities and preferred stocks that are rated below investment grade or not rated by any major credit rating agency but deemed to be below investment grade by T. Rowe Price.
Fund Family T. Rowe Price
Category High Yield Bond
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol TRHYX
Index Index is not available on Lipper Database
Performance
TRHYX had a total return of 9.80% in the past year. Since the fund's inception, the average annual return has been 6.58%, including dividends.
Top 10 Holdings
9.83% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Gov. Reserve | TRPGRIA | 1.78% |
| Rivian Holdings Llc / Rivian Llc / Rivian Automotive Llc 11.35947% | RIVHOL F 10.15.26 | 1.20% |
| Cash Offsets For Shorts & Derivatives | n/a | 0.99% |
| UKG Inc. 6.875% | ULTI 6.875 02.01.31 144A | 0.96% |
| CCO Holdings, LLC/ CCO Holdings Capital Corp. 6.375% | CHTR 6.375 09.01.29 144A | 0.87% |
| Cloud Software Group Inc. 9% | TIBX 9 09.30.29 144A | 0.86% |
| Asurion | ASUCOR L 02.03.28 5 | 0.86% |
| Venture Global LNG Inc. 8.375% | VENLNG 8.375 06.01.31 144A | 0.85% |
| HUB International Ltd. 7.25% | HBGCN 7.25 06.15.30 144A | 0.76% |
| Talen Energy Supply LLC 8.625% | TLN 8.625 06.01.30 144A | 0.70% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 29, 2024 | $0.04523 | Nov 29, 2024 |
| Oct 31, 2024 | $0.04471 | Oct 31, 2024 |
| Sep 30, 2024 | $0.04038 | Sep 30, 2024 |
| Aug 30, 2024 | $0.04746 | Aug 30, 2024 |
| Jul 31, 2024 | $0.04516 | Jul 31, 2024 |
| Jun 28, 2024 | $0.04024 | Jun 28, 2024 |