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 05/31/2016
Volatility and Other Measures
as of 05/31/2016
Beta 0.91
0.97
Standard Deviation 5.74
Credit Quality Diversification1
as of 05/31/2016
% of Total Net Assets
BBB/BB Rated & Above 5.1%
BB Rated 19.6%
BB/B Rated 13.5%
B Rated 32.1%
B/CCC Rated 9.6%
CCC and Below 11.6%
Credit Default Swaps -0.0%
Default 0.7%
Equities 1.2%
Not Rated 2.0%
Short Term 4.6%
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 05/31/2016
3.52 years
Weighted Avg. Maturity
as of 06/21/2016
6.76 years
Sector Diversification
as of 05/31/2016
% of Total Net Assets
Cyclical 42.1%
Defensive 40.5%
Energy 12.9%
Short-Term 4.6%
Miscellaneous 0.0%
10 Largest Holdings
View Holdings as of:
Coupon % Maturity
ALTICE SA 144A 7.750 05/15/2022
ARQIVA BROADCAST HOLDINS 144A 9.500 03/31/2020
ASURION LLC TL 2L BANKDEBT 8.500 03/03/2021
FIRST DATA CORPORATION 144A 7.000 12/01/2023
LINCOLN FINANCE LTD 144A 6.875 04/15/2021
NEPTUNE FINCO CORP 144A 10.125 01/15/2023
SEVEN GENERATIONS ENERGY 144A 8.250 05/15/2020
T-MOBILE USA INC 6.500 01/15/2026
VRX ESCROW CORP 144A 5.875 05/15/2023
WESTERN DIGITAL CORP 144A 10.500 04/01/2024
As of 05/31/2016 the High Yield Fund had a total of 538 holdings.
Bond Maturity Diversification2
  as of 05/31/2016
% of Total Net Assets
0 - 1 YRS 5.7%
1 - 5 YRS 30.7%
5 - 10 YRS 56.4%
10 + YRS 7.2%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.