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%

Minafi - The intersection of FI, minimalism & mindfulness.

Don't miss out on new posts, courses, interactive articles and more!

Join & Get Your First Course Free

© 2025   Adam Fortuna

Site Map
Triangle Graduation Cap Angle Down Book regular Phone laptop regular fire regular fire regular search regular Acorn duotone Seedling duotone thumbs down duo thumbs up duo