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 12/31/2013
Volatility and Other Measures
as of 02/28/2014
Beta 1.19
0.99
Standard Deviation 7.01
Credit Quality Diversification1
as of 12/31/2013
% of Total Net Assets
BBB/BB Rated & Above 1.6%
BB Rated 20.8%
BB/B Rated 13.0%
B Rated 35.1%
B/CCC Rated 9.5%
CCC and Below 14.2%
Credit Default Swaps -0.0%
Default 0.0%
Equities 3.6%
Not Rated 1.1%
Short Term 1.3%
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 02/28/2014
3.31 years
Weighted Avg. Maturity
as of 04/15/2014
6.16 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 02/28/2014
% of Total Net Assets
0 - 1 YRS 1.4%
1 - 5 YRS 23.2%
5 - 10 YRS 71.5%
10 + YRS 4.0%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 02/28/2014
% of Total Net Assets
Cyclical 45.9%
Defensive 41.5%
Energy 11.3%
Short-Term 1.3%
See Glossary for additional details on all data elements.