T. Rowe Price High Yield Fund (PRHYX)
Ticker Symbol:
PRHYX
Fund Status:
Closed to new Retail investors  /  Open to subsequent Retail investments
Closed to new Retail Investors as of April 27, 2012 at 4pm EST
Fund Composition
Asset Allocation
as of 03/31/2014
Volatility and Other Measures
as of 03/31/2014
Beta 1.19
0.99
Standard Deviation 7.01
Credit Quality Diversification1
as of 03/31/2014
% of Total Net Assets
BBB/BB Rated & Above 1.7%
BB Rated 20.1%
BB/B Rated 13.6%
B Rated 34.8%
B/CCC Rated 10.3%
CCC and Below 13.2%
Credit Default Swaps -0.1%
Default 0.0%
Equities 2.8%
Not Rated 1.3%
Short Term 2.4%
1Sources: Moody's Investors Service and Standard & Poor's (S&P); split ratings (i.e. BB/B and B/CCC) are assigned when the Moody's and S&P ratings differ.

Short term holdings are not rated.
Modified Duration to Worst
as of 03/31/2014
3.25 years
Weighted Avg. Maturity
as of 04/22/2014
6.18 years
10 Largest Holdings
View Holdings as of:
Coupon % Maturity
ARQIVA BROADCAST HOLDINS 144A 9.500 03/31/2020
CITYCENTER HLDG LLC TL B 1L BANKDEBT 5.000 10/16/2020
CONCHO RESOURCES INC 5.500 04/01/2023
FIRST DATA CORPORATION 12.625 01/15/2021
FIRST DATA CORPORATION 144A 6.750 11/01/2020
FWCT2ESCROWCORP 144A 6.875 02/01/2022
SPRINT CORP 144A 7.125 06/15/2024
SPRINT NEXTEL CORP 11.500 11/15/2021
UNIVISION COMMUNICATIONS 144A 8.500 05/15/2021
VP ESCROW CORP 144A 6.375 10/15/2020
As of 03/31/2014 the High Yield Fund had a total of 618 holdings.
Bond Maturity Diversification2
  as of 03/31/2014
% of Total Net Assets
0 - 1 YRS 2.5%
1 - 5 YRS 22.9%
5 - 10 YRS 71.6%
10 + YRS 3.0%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 03/31/2014
% of Total Net Assets
Cyclical 44.3%
Defensive 41.3%
Energy 11.9%
Short-Term 2.4%
See Glossary for additional details on all data elements.