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 09/30/2014
Volatility and Other Measures
as of 11/30/2014
Beta N/A
N/A
Standard Deviation N/A
Credit Quality Diversification1
as of 09/30/2014
% of Total Net Assets
BBB/BB Rated & Above 2.1%
BB Rated 7.0%
BB/B Rated 8.6%
B Rated 23.2%
B/CCC Rated 11.2%
CCC and Below 31.1%
Credit Default Swaps -0.5%
Default 2.0%
Equities 4.0%
Not Rated 5.1%
Short Term 6.1%
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 11/30/2014
2.75 years
Weighted Avg. Maturity
as of 12/16/2014
5.24 years
10 Largest Holdings
View Holdings as of:
Coupon % Maturity
AMAYA BV TL 2L BANKDEBT 8.000 08/01/2022
CCO HLDGS LLC/CAP CORP 5.750 09/01/2023
CLAIRES STORES INC 10.500 06/01/2017
MHP SA 144A 10.250 04/29/2015
NETFLIX INC 144A 5.750 03/01/2024
NEW COTAI LLC CAPITAL 144A 10.625 05/01/2019
SUN PRODUCTS CORP 144A 7.750 03/15/2021
TERVITA CORP 144A 10.875 02/15/2018
UNIVISION COMMUNICATIONS 144A 5.125 05/15/2023
WEIGHT WATCHERS INTL TL B2 1L BANKDEBT 4.000 04/02/2020
As of 09/30/2014 the Credit Opportunities Fund had a total of 146 holdings.
Bond Maturity Diversification2
  as of 11/30/2014
% of Total Net Assets
0 - 1 YRS 22.4%
1 - 5 YRS 29.1%
5 - 10 YRS 46.6%
10 + YRS 1.9%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 11/30/2014
% of Total Net Assets
Cyclical 33.6%
Defensive 30.5%
Short-Term 18.4%
Energy 15.8%
Miscellaneous 1.6%
See Glossary for additional details on all data elements.