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 04/30/2016
Volatility and Other Measures
as of 04/30/2016
Beta N/A
N/A
Standard Deviation N/A
Credit Quality Diversification1
as of 04/30/2016
% of Total Net Assets
BBB/BB Rated & Above 4.9%
BB Rated 15.2%
BB/B Rated 10.7%
B Rated 23.4%
B/CCC Rated 13.7%
CCC and Below 17.5%
Credit Default Swaps 1.1%
Default 2.1%
Equities 2.4%
Not Rated 0.5%
Short Term 8.4%
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.

Short term holdings are not rated.
Weighted Avg. Duration
as of 04/30/2016
3.11 years
Weighted Avg. Maturity
as of 05/24/2016
5.94 years
Sector Diversification
as of 04/30/2016
% of Total Net Assets
Cyclical 43.0%
Defensive 41.0%
Short-Term 8.5%
Energy 7.5%
10 Largest Holdings
View Holdings as of:
Coupon % Maturity
ALTICE SA 144A 7.625 02/15/2025
ASURION LLC TL 2L BANKDEBT 8.500 03/03/2021
BANKRATE INC 144A 6.125 08/15/2018
CLAIRES STORES INC 10.500 06/01/2017
CLEAR CHNL COMMS TL D-EXT 1L BANKDEBT 7.185 01/30/2019
ENERGY FUTURE/EFIH FINAN 144A 12.250 04/04/2018
FIRST DATA CORPORATION 144A 7.000 12/01/2023
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 04/30/2016 the Credit Opportunities Fund had a total of 160 holdings.
Bond Maturity Diversification2
  as of 04/30/2016
% of Total Net Assets
0 - 1 YRS 10.3%
1 - 5 YRS 37.9%
5 - 10 YRS 44.9%
10 + YRS 6.9%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.