T. Rowe Price Tax-Free High Yield Fund (PRFHX)

Diversify your portfolio with high yield bonds.

Call 866-831-3699 to speak to an investment specialist about the
Tax-Free High Yield Fund.

Ticker Symbol:
PRFHX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Composition
Asset Allocation
as of 10/31/2017
Volatility and Other Measures
as of 10/31/2017
Beta 0.89
0.91
Standard Deviation 3.54
Modified Duration to Worst
as of 10/31/2017
5.34 years
Weighted Avg. Maturity
as of 11/14/2017
20.22 years
Sector Diversification
as of 10/31/2017
% of Total Net Assets
Tax-Free Revenue 88.5%
Tax-Free US Government 7.0%
Tax-Free Gen. Obligations 2.7%
10 Largest Holdings
Represents 8.25 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
ALACHUA CO FL HLTH FACS SHANDS HSP SR A 5.000 12/01/2044
BUCKEYE OH TOB STLMT SR A-2 6.500 06/01/2047
GOLDEN TOB SR CONV A2 5.300 06/01/2037
LIBERTY NY GOLDMAN SACHS HQ 5.250 10/01/2035
MET PIER & EXPOS AUTH MCCORMICK B2 5.250 06/15/2050
SALT VERDE AZ FNL CORP SNR GAS REV 5.000 12/01/2037
ST JOHN BAPTIST MARATHON OIL A 5.125 06/01/2037
TOB SETTLE FING CORP NJ SER 1A 5.000 06/01/2041
TX MUN GAS ACQ & SUPPLY SR LIEN D 6.250 12/15/2026
VA ST SBFAR SR LN EXPRESS LANES LLC AMT 5.000 01/01/2040
As of 10/31/2017 the Tax-Free High Yield Fund had a total of 920 holdings.
Bond Maturity Diversification2
  as of 10/31/2017
% of Total Net Assets
0 - 1 YRS 2.6%
1 - 5 YRS 6.8%
5 - 10 YRS 7.1%
10 + YRS 83.4%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.