T. Rowe Price Credit Opportunities Fund (PRCPX)
Ticker Symbol:
PRCPX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Composition
Asset Allocation
as of 01/31/2016
Volatility and Other Measures
as of 01/31/2016
Beta N/A
N/A
Standard Deviation N/A
Credit Quality Diversification1
as of 01/31/2016
% of Total Net Assets
BBB/BB Rated & Above 3.2%
BB Rated 16.6%
BB/B Rated 8.8%
B Rated 28.0%
B/CCC Rated 11.7%
CCC and Below 17.5%
Credit Default Swaps 1.2%
Default 1.2%
Equities 2.0%
Not Rated 3.0%
Short Term 6.8%
1Sources: Moody's Investors Service and Standard & Poor's (S&P); split ratings (e.g., BB/B and B/CCC) are assigned when the Moody's and S&P ratings differ. T. Rowe Price does not evaluate these ratings, but simply assigns them to the appropriate credit quality category as determined by the rating agency. Short-term holdings are not rated.
Weighted Avg. Duration
as of 01/31/2016
3.23 years
Weighted Avg. Maturity
as of 02/09/2016
6.00 years
10 Largest Holdings
View Holdings as of:
Coupon % Maturity
BANKRATE INC 144A 6.125 08/15/2018
CITIGROUP INC 5.950 12/29/2049
ENERGY FUTURE/EFIH FINAN 144A 12.250 01/04/2018
EXGEN RENEWABLES I TL 1L BANKDEBT 5.250 02/06/2021
FIRST DATA CORPORATION 144A 5.375 08/15/2023
FIRST DATA CORPORATION 144A 7.000 12/01/2023
IRON MOUNTAIN INC 144A 6.000 10/01/2020
KRONOS INC/MA TL 2L BANKDEBT 9.750 04/30/2020
OCWEN FINANCIAL CORP 6.625 05/15/2019
TERRA-GEN POWER TL B 1L BANKDEBT 5.250 12/09/2021
As of 01/31/2016 the Credit Opportunities Fund had a total of 161 holdings.
Bond Maturity Diversification2
  as of 01/31/2016
% of Total Net Assets
0 - 1 YRS 7.5%
1 - 5 YRS 36.9%
5 - 10 YRS 50.6%
10 + YRS 5.0%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 01/31/2016
% of Total Net Assets
Cyclical 45.8%
Defensive 42.6%
Short-Term 6.8%
Energy 4.8%
Miscellaneous 0.0%
See Glossary for additional details on all data elements.