• Log Out Log In
  • T. Rowe Price Credit Opportunities Fund (PRCPX)
    Ticker Symbol:
    Fund Status:
    Open to new Retail investors  /  Open to subsequent Retail investments
    Fund Performance
    Quick Stats
    Current NAV as of 11/25/2014 $9.32
    NAV Change $0.02
    Net Assets as of 10/31/2014 $36.79 Million
    Daily YTD Return as of 11/25/2014 N/A
    Three Month Return as of 10/31/2014 -3.70%
    Expense Ratio as of 04/29/2014 See Note
    Historical Prices
    Select Range: 1Yr | 3 Yrs | 5 Yrs | 10 Yrs Since Inception
    Monthly High   $9.56   10/06/2014
    Monthly Low   $9.22   10/15/2014
    Month End   $9.38   10/31/2014
    YTD High   $10.14   06/20/2014
    YTD Low   $9.22   10/16/2014
    Average Annual Total Returns and Benchmarks
    Distribution Schedule
    Dividends Monthly
    Capital Gains* Annual
    *If applicable.
    Distribution History

    Per Share Amount

    Reinvestment Price
    07-31-2014 $0.0631 $9.92
    08-31-2014 $0.0621 $9.92
    09-30-2014 $0.0546 $9.55
    10-31-2014 $0.059 $9.38
    Distribution amounts are rounded to the nearest cent. Shareholders should refer to their statements for exact distribution amounts.
    Performance Comparison
    as of 10/31/2014
    This chart shows the value of a hypothetical $10,000 investment in the fund over the past 10 years or since its inception (for funds lacking 10-year records). The result is compared with benchmarks, which may include a broad-based market index and a peer group average or index. Market indexes do not include expenses, which are deducted from fund returns as well as mutual fund averages and indexes.
    30-Day Yield1
    Annualized Dividend as of 11/25/2014 6.39%
    SEC Dividend as of 11/16/2014 6.83%
    Average Annual Total Returns2
      Month End
    Quarter End
    1 Year N/A N/A
    3 Years N/A N/A
    5 Years N/A N/A
    10 Years N/A N/A
    Since Inception -2.93% -1.79%
    Inception Date April 29, 2014
    Note about the fund's expense ratio:
    The fund's estimated expense ratio as of its inception date on 4/29/2014 was 2.63%. To protect the interests of shareholders, T. Rowe Price Associates will waive its fees and/or bear any expenses that would cause the fund's expense ratio to exceed 0.90%. This contractual expense limitation expires on 9/30/2016.
    Current performance may be lower or higher than the quoted past performance, which cannot guarantee future results. Share price, principal value, yield and return will vary and you may have a gain or loss when you sell your shares.
    The Credit Opportunities Fund charges a 2% redemption fee on shares held 90 days or less. The performance information shown does not reflect the deduction of the redemption fee; if it did, the performance would be lower.
    Share Splits
    as of 10/31/2014
    Split Type N/A
    Effective Date N/A
    Pre-Split NAV N/A
    Post-Split NAV N/A
    1The 30-day dividend yield represents the average daily dividends for the 30-day period, annualized and divided by the net asset values per share at the end of the period; it is available the first quarter after the fund's inception. The SEC standardized yield is computed under an SEC standardized formula and reflects an estimated yield to maturity (assuming all portfolio securities are held to maturity); it is available the first month after the fund's inception.
    2 Average annual total return figures include changes in principal value, reinvested dividends, and capital gain distributions. For funds less than one year old, the Since Inception return figure is not annualized and represents an aggregate total return.
    See Glossary for additional details on all data elements.