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 03/31/2016
Volatility and Other Measures
as of 03/31/2016
Beta N/A
N/A
Standard Deviation N/A
Credit Quality Diversification1
as of 03/31/2016
% of Total Net Assets
BBB/BB Rated & Above 5.4%
BB Rated 14.7%
BB/B Rated 11.0%
B Rated 22.4%
B/CCC Rated 13.3%
CCC and Below 18.2%
Credit Default Swaps 1.0%
Default 2.2%
Equities 1.8%
Not Rated 0.5%
Short Term 9.5%
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 03/31/2016
3.20 years
Weighted Avg. Maturity
as of 05/03/2016
5.99 years
Sector Diversification
as of 03/31/2016
% of Total Net Assets
Cyclical 43.5%
Defensive 39.6%
Short-Term 9.5%
Energy 7.5%
10 Largest Holdings
View Holdings as of:
Coupon % Maturity
BANKRATE INC 144A 6.125 08/15/2018
CLAIRES STORES INC 10.500 06/01/2017
CLEAR CHNL COMMS TL D-EXT 1L BANKDEBT 7.183 01/30/2019
ENERGY FUTURE/EFIH FINAN 144A 12.250 03/05/2018
EXGEN RENEWABLES I TL 1L BANKDEBT 5.250 02/06/2021
FIRST DATA CORPORATION 144A 7.000 12/01/2023
JPMORGAN CHASE & CO 5.300 12/29/2049
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 03/31/2016 the Credit Opportunities Fund had a total of 163 holdings.
Bond Maturity Diversification2
  as of 03/31/2016
% of Total Net Assets
0 - 1 YRS 11.3%
1 - 5 YRS 35.0%
5 - 10 YRS 47.1%
10 + YRS 6.6%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.