Experienced managers ply a compelling and repeatable process at T. Rowe Price Tax-Free High Yield that employs bottom-up research and robust analytical tools. This supports a Morningstar Analyst Rating of Gold for the strategy’s cheapest share classes and Silver for the strategy’s advisor shares.
- NAV / 1-Day Return 10.73 / 0.12 %
- Total Assets 3.4 Bil
-
Adj. Expense Ratio
0.530%
- Expense Ratio 0.510%
- Distribution Fee Level Low
- Share Class Type Institutional
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 500,000
- Status Open
- TTM Yield 3.88%
- Effective Duration 7.36 years
Morningstar’s Analysis PTYIX
Will PTYIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings 3
- Bond Holdings 1034
- Other Holdings 2
- % Assets in Top 10 Holdings 10.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%
2.69
101,859,896
municipal
VIRGINIA SMALL BUSINESS FING AUTH PRIVATE ACTIVITY REV 5%
1.33
50,557,424
municipal
Cash & Cash Equivalents
1.29
48,987,638
Cash and Equivalents
MARYLAND ST ECONOMIC DEV CORP PRIVATE ACTIVITY REV 5.25%
1.21
45,867,527
municipal
PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%
0.95
36,159,002
municipal
METROPOLITAN PIER & EXPOSITION AUTH ILL DEDICATED ST TAX REV 0%
0.87
33,043,268
municipal
LIBERTY N Y DEV CORP REV 5.25%
0.81
30,891,952
municipal
PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5%
0.62
23,424,443
municipal
NEW YORK LIBERTY DEV CORP LIBERTY REV 5.375%
0.57
21,563,266
municipal
PUERTO RICO COMWLTH 5.75%
0.57
21,555,463
municipal