PRFHX : T. Rowe Price Tax-Free High Yield Fund

PRFHX is a Bond Market Municipal Bond with MODERATE fees.

PRFHX

T. Rowe Price Tax-Free High Yield Fund

FI Score

68 /100

Expense Ratio Rating

7 /10

Expense Rating

4 /10

Market Score

9 /10

Category Score

8 /10

Market Size

9 /10

68% FI Score
  • prfhx
  • Mutual Fund
  • Bond
  • Municipal Bond

T. Rowe Price Tax-Free High Yield Fund

Expenses: 0.65% (Better than 1% of similar funds)

This is an OK choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

The investment seeks a high level of income exempt from federal income taxes by investing primarily in long-term low- to upper-medium-grade municipal securities. Normally, at least 80% of the fund's income will be exempt from federal income taxes. However, up to 20% of the fund's income could be derived from securities subject to the alternative minimum tax. It generally seeks higher yielding municipal bonds, including those that are rated noninvestment grade (BB and lower, or an equivalent rating) by a major credit rating agency or by T. Rowe Price, known as "junk" bonds.

Largest Holdings

Amount Holding
1.97% VIRGINIA SMALL BUSINESS FING AUTH PRIVATE ACTIVITY REV 5%
1.30% BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%
1.04% VIRGINIA SMALL BUSINESS FING AUTH REV 5%
0.81% METROPOLITAN PIER & EXPOSITION AUTH ILL DEDICATED ST TAX REV 0%
0.77% LIBERTY N Y DEV CORP REV 5.25%
0.72% DENVER COLO CITY & CNTY SPL FACS ARPT REV 5%
0.72% GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5.3%
0.64% VIRGINIA SMALL BUSINESS FING AUTH REV 5%
0.61% GREAT LAKES WTR AUTH MICH SEW DISP SYS REV 5%
0.56% JEFFERSON CNTY ALA SWR REV 5.5%
0.55% NEW YORK LIBERTY DEV CORP LIBERTY REV 5.75%
0.55% NEW YORK LIBERTY DEV CORP LIBERTY REV 5.38%
0.53% INDIANA ST FIN AUTH REV 5.25%
0.51% PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5%
0.51% VIRGINIA SMALL BUSINESS FING AUTH REV 6%
0.50% VIRGINIA SMALL BUSINESS FING AUTH REV 5.5%
0.49% PUERTO RICO COMWLTH 8%
0.49% NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 0.17%
0.48% KAREGNONDI WTR AUTH MICH 5.25%
0.48% LOUISIANA LOC GOVT ENVIRONMENTAL FACS & CMNTY DEV AUTH REV 3.5%
0.48% MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5.5%
0.47% PARK CREEK MET DIST COLO REV 5%
0.46% NORTH CAROLINA TPK AUTH MONROE EXPWY TOLL REV 5%
0.46% CUYAHOGA CNTY OHIO HOSP REV 5.5%
0.44% CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5.5%

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