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 01/31/2019
Volatility and Other Measures
as of 01/31/2019
Beta 0.90
0.95
Standard Deviation 3.50
Modified Duration to Worst
as of 01/31/2019
5.63 years
Weighted Avg. Maturity
as of 02/19/2019
20.38 years
Sector Diversification
as of 01/31/2019
% of Total Net Assets
Tax-Free Revenue 90.1%
Tax-Free US Government 5.0%
Tax-Free Gen. Obligations 2.9%
10 Largest Holdings
Represents 8.85 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
BUCKEYE OH TOB STLMT SR A-2 6.500 06/01/2047
BUCKEYE TOB ASSET-A-2 5.875 06/01/2047
DNV CITY & CO ARPT REV UNT AIR INC AMT 5.000 10/01/2032
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
TX MUN GAS ACQ & SUPPLY SR LIEN D 6.250 12/15/2026
VA SML BFA PRIV TRAN 66 P3 PROJ AMT 5.000 12/31/2056
VA ST SBFAR SR LN EXPRESS LANES LLC AMT 5.000 01/01/2040
As of 01/31/2019 the Tax-Free High Yield Fund had a total of 986 holdings.
Bond Maturity Diversification2
  as of 01/31/2019
% of Total Net Assets
0 - 1 YRS 2.4%
1 - 5 YRS 6.8%
5 - 10 YRS 6.9%
10 + YRS 83.9%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.