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 12/31/2014
Volatility and Other Measures
as of 01/31/2015
Beta 1.04
0.98
Standard Deviation 4.47
Credit Quality Diversification1
as of 12/31/2014
% of Total Net Assets
BBB/BB Rated & Above 1.4%
BB Rated 16.4%
BB/B Rated 13.0%
B Rated 36.1%
B/CCC Rated 9.6%
CCC and Below 12.2%
Credit Default Swaps -0.1%
Default 0.1%
Equities 2.4%
Not Rated 2.2%
Short Term 6.7%
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 01/31/2015
3.35 years
Weighted Avg. Maturity
as of 03/03/2015
5.51 years
10 Largest Holdings
View Holdings as of:
Coupon % Maturity
ARQIVA BROADCAST HOLDINS 144A 9.500 03/31/2020
CHRYSLER GP/CG CO-ISSUER 8.250 06/15/2021
FIRST DATA CORPORATION 12.625 01/15/2021
SIRIUS XM RADIO INC 144A 5.750 08/01/2021
SPRINT CORP 7.125 06/15/2024
SPRINT NEXTEL CORP 11.500 11/15/2021
TRINSEO OP / TRINSEO FIN 8.750 02/01/2019
UNIVISION COMMUNICATIONS 144A 8.500 05/15/2021
VP ESCROW CORP 144A 6.375 10/15/2020
WIND ACQUISITION FIN SA 144A 7.375 04/23/2021
As of 12/31/2014 the High Yield Fund had a total of 577 holdings.
Bond Maturity Diversification2
  as of 01/31/2015
% of Total Net Assets
0 - 1 YRS 4.2%
1 - 5 YRS 28.5%
5 - 10 YRS 66.4%
10 + YRS 0.9%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 01/31/2015
% of Total Net Assets
Defensive 42.3%
Cyclical 42.3%
Energy 11.3%
Short-Term 4.1%
See Glossary for additional details on all data elements.