T. Rowe Price Tax-Free High Yield
Fund
PRFHX
Price as of:
$10.90
- $0.03
- 0.27%
Primary Theme
fund company
share class
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-14.0%
1 yr return
-6.4%
3 Yr Avg Return
1.2%
5 Yr Avg Return
2.5%
Net Assets
$4.84 B
Holdings in Top 10
10.1%
52 WEEK LOW AND HIGH
$10.9
$10.87
$12.74
Expenses
OPERATING FEES
Expense Ratio 0.62%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 11.80%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
High Yield Muni
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
PRFHX - Profile
Distributions
- YTD Total Return -14.0%
- 3 Yr Annualized Total Return 1.2%
- 5 Yr Annualized Total Return 2.5%
- Capital Gain Distribution Frequency None
- Net Income Ratio 2.99%
- Dividend Yield 6.7%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameT. Rowe Price Tax Free High Yield Fund
-
Fund Family NameT. Rowe Price
-
Inception DateMar 01, 1985
-
Shares OutstandingN/A
-
Share ClassNo Load
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJames Murphy
Fund Description
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.
PRFHX - Performance
Return Ranking - Trailing
| Period | PRFHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -14.0% | -23.2% | -0.6% | 29.73% |
| 1 Yr | -6.4% | -14.0% | 4.4% | 20.44% |
| 3 Yr | 1.2%* | -2.2% | 4.1% | 32.43% |
| 5 Yr | 2.5%* | 0.2% | 4.7% | 50.72% |
| 10 Yr | 3.7%* | 1.8% | 5.9% | 48.75% |
* Annualized
Return Ranking - Calendar
| Period | PRFHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | 2.9% | -1.9% | 5.6% | 23.18% |
| 2020 | -0.2% | -10.1% | 4.2% | 69.72% |
| 2019 | 5.2% | -0.7% | 9.1% | 46.23% |
| 2018 | -3.0% | -5.7% | 95.6% | 66.49% |
| 2017 | 3.4% | -0.7% | 8.6% | 58.62% |
Total Return Ranking - Trailing
| Period | PRFHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -14.0% | -23.2% | -0.6% | 28.38% |
| 1 Yr | -6.4% | -14.0% | 4.3% | 17.33% |
| 3 Yr | 1.2%* | -2.2% | 3.6% | 26.13% |
| 5 Yr | 2.5%* | 0.2% | 4.7% | 43.54% |
| 10 Yr | 3.7%* | 1.8% | 5.9% | 46.88% |
* Annualized
Total Return Ranking - Calendar
| Period | PRFHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | 2.9% | -1.9% | 5.6% | 23.18% |
| 2020 | -0.2% | -10.1% | 4.2% | 69.72% |
| 2019 | 5.2% | -0.7% | 9.1% | 46.23% |
| 2018 | -3.0% | -5.7% | 95.6% | 70.62% |
| 2017 | 3.4% | -0.7% | 9.8% | 63.22% |
NAV & Total Return History
PRFHX - Holdings
Concentration Analysis
| PRFHX | Category Low | Category High | PRFHX % Rank | |
|---|---|---|---|---|
| Net Assets | 4.84 B | 9.79 K | 20.2 B | 20.54% |
| Number of Holdings | 1215 | 1 | 3950 | 23.21% |
| Net Assets in Top 10 | 546 M | -102 M | 3.41 B | 16.07% |
| Weighting of Top 10 | 10.06% | 1.1% | 97.0% | 76.68% |
Top 10 Holdings
- BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% 2.76%
- VIRGINIA SMALL BUSINESS FING AUTH PRIVATE ACTIVITY REV 5% 1.60%
- VIRGINIA SMALL BUSINESS FING AUTH REV 5% 0.96%
- METROPOLITAN PIER & EXPOSITION AUTH ILL DEDICATED ST TAX REV 0% 0.94%
- PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% 0.85%
- PUERTO RICO COMWLTH 8% 0.82%
- PUERTO RICO COMWLTH 8% 0.80%
- LIBERTY N Y DEV CORP REV 5.25% 0.76%
- PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% 0.72%
- PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5% 0.65%
Asset Allocation
| Weighting | Return Low | Return High | PRFHX % Rank | |
|---|---|---|---|---|
| Bonds | 101.50% | 0.00% | 146.69% | 3.96% |
| Stocks | 0.01% | 0.00% | 5.80% | 16.74% |
| Preferred Stocks | 0.00% | -47.61% | 0.32% | 63.39% |
| Other | 0.00% | 0.00% | 0.18% | 65.63% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 62.50% |
| Cash | -1.51% | -3.16% | 100.00% | 97.32% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PRFHX % Rank | |
|---|---|---|---|---|
| Consumer Cyclical | 77.65% | 0.00% | 77.65% | 25.00% |
| Basic Materials | 17.58% | 17.58% | 100.00% | 87.50% |
| Industrials | 4.78% | 0.00% | 4.78% | 25.00% |
| Utilities | 0.00% | 0.00% | 0.00% | 62.50% |
| Technology | 0.00% | 0.00% | 0.00% | 62.50% |
| Real Estate | 0.00% | 0.00% | 0.00% | 62.50% |
| Healthcare | 0.00% | 0.00% | 0.00% | 62.50% |
| Financial Services | 0.00% | 0.00% | 0.00% | 62.50% |
| Energy | 0.00% | 0.00% | 0.00% | 62.50% |
| Communication Services | 0.00% | 0.00% | 0.00% | 62.50% |
| Consumer Defense | 0.00% | 0.00% | 0.00% | 62.50% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PRFHX % Rank | |
|---|---|---|---|---|
| US | 0.01% | 0.00% | 5.80% | 15.63% |
| Non US | 0.00% | 0.00% | 0.01% | 63.39% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | PRFHX % Rank | |
|---|---|---|---|---|
| Municipal | 99.85% | 0.00% | 100.00% | 13.39% |
| Cash & Equivalents | 0.15% | 0.00% | 100.00% | 82.59% |
| Derivative | 0.00% | 0.00% | 0.02% | 62.50% |
| Securitized | 0.00% | 0.00% | 22.44% | 64.73% |
| Corporate | 0.00% | 0.00% | 4.15% | 80.36% |
| Government | 0.00% | 0.00% | 0.09% | 65.18% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | PRFHX % Rank | |
|---|---|---|---|---|
| US | 91.15% | 0.00% | 139.84% | 53.57% |
| Non US | 10.35% | 0.00% | 21.09% | 13.84% |
PRFHX - Expenses
Operational Fees
| PRFHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.62% | 0.05% | 2.63% | 69.41% |
| Management Fee | 0.59% | 0.00% | 1.41% | 82.38% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 11.48% |
| Administrative Fee | 0.15% | 0.02% | 0.35% | 77.61% |
Sales Fees
| PRFHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 4.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| PRFHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | 76.92% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| PRFHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 11.80% | 2.00% | 121.00% | 11.48% |
PRFHX - Distributions
Dividend Yield Analysis
| PRFHX | Category Low | Category High | PRFHX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 6.65% | 0.00% | 13.03% | 44.49% |
Dividend Distribution Analysis
| PRFHX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| PRFHX | Category Low | Category High | PRFHX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.99% | 1.11% | 5.70% | 61.23% |
Capital Gain Distribution Analysis
| PRFHX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | None | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount | Type |
|---|---|---|
| Aug 31, 2022 | $0.034 | DailyAccrualFund |
| Jul 29, 2022 | $0.037 | DailyAccrualFund |
| Jun 30, 2022 | $0.035 | DailyAccrualFund |
| May 31, 2022 | $0.034 | DailyAccrualFund |
| Apr 29, 2022 | $0.033 | DailyAccrualFund |
| Mar 31, 2022 | $0.032 | DailyAccrualFund |
| Feb 28, 2022 | $0.028 | DailyAccrualFund |
| Jan 31, 2022 | $0.029 | DailyAccrualFund |
| Dec 31, 2021 | $0.033 | DailyAccrualFund |
| Nov 30, 2021 | $0.031 | DailyAccrualFund |
| Oct 29, 2021 | $0.031 | DailyAccrualFund |
| Sep 30, 2021 | $0.030 | DailyAccrualFund |
| Aug 31, 2021 | $0.031 | DailyAccrualFund |
| Jul 30, 2021 | $0.033 | DailyAccrualFund |
| Jun 30, 2021 | $0.031 | DailyAccrualFund |
| May 28, 2021 | $0.031 | DailyAccrualFund |
| Apr 30, 2021 | $0.034 | DailyAccrualFund |
| Mar 31, 2021 | $0.033 | DailyAccrualFund |
| Feb 26, 2021 | $0.029 | DailyAccrualFund |
| Jan 29, 2021 | $0.031 | DailyAccrualFund |
| Dec 31, 2020 | $0.038 | DailyAccrualFund |
| Nov 30, 2020 | $0.033 | DailyAccrualFund |
| Oct 30, 2020 | $0.034 | DailyAccrualFund |
| Sep 30, 2020 | $0.035 | DailyAccrualFund |
| Aug 31, 2020 | $0.034 | DailyAccrualFund |
| Jul 31, 2020 | $0.039 | DailyAccrualFund |
| Jun 30, 2020 | $0.034 | DailyAccrualFund |
| May 29, 2020 | $0.036 | DailyAccrualFund |
| Apr 30, 2020 | $0.035 | DailyAccrualFund |
| Mar 31, 2020 | $0.034 | DailyAccrualFund |
| Feb 28, 2020 | $0.033 | DailyAccrualFund |
| Jan 31, 2020 | $0.037 | DailyAccrualFund |
| Dec 31, 2019 | $0.038 | DailyAccrualFund |
| Nov 29, 2019 | $0.037 | DailyAccrualFund |
| Oct 31, 2019 | $0.037 | DailyAccrualFund |
| Sep 30, 2019 | $0.033 | DailyAccrualFund |
| Aug 30, 2019 | $0.039 | DailyAccrualFund |
| Jul 31, 2019 | $0.037 | DailyAccrualFund |
| Jun 28, 2019 | $0.033 | DailyAccrualFund |
| May 31, 2019 | $0.039 | DailyAccrualFund |
| Apr 30, 2019 | $0.036 | DailyAccrualFund |
| Mar 29, 2019 | $0.036 | DailyAccrualFund |
| Feb 28, 2019 | $0.034 | DailyAccrualFund |
| Jan 31, 2019 | $0.036 | DailyAccrualFund |
| Dec 31, 2018 | $0.036 | DailyAccrualFund |
| Nov 30, 2018 | $0.038 | DailyAccrualFund |
| Oct 31, 2018 | $0.035 | DailyAccrualFund |
| Aug 31, 2018 | $0.040 | DailyAccrualFund |
| Jul 31, 2018 | $0.035 | DailyAccrualFund |
| Jun 29, 2018 | $0.037 | DailyAccrualFund |
| May 31, 2018 | $0.037 | DailyAccrualFund |
| Apr 30, 2018 | $0.034 | DailyAccrualFund |
| Mar 29, 2018 | $0.037 | DailyAccrualFund |
| Feb 28, 2018 | $0.037 | DailyAccrualFund |
| Jan 31, 2018 | $0.034 | DailyAccrualFund |
| Dec 29, 2017 | $0.037 | DailyAccrualFund |
| Nov 30, 2017 | $0.036 | DailyAccrualFund |
| Oct 31, 2017 | $0.035 | DailyAccrualFund |
| Sep 29, 2017 | $0.038 | DailyAccrualFund |
| Aug 31, 2017 | $0.037 | DailyAccrualFund |
| Jul 31, 2017 | $0.034 | DailyAccrualFund |
| Jun 30, 2017 | $0.040 | DailyAccrualFund |
| May 31, 2017 | $0.035 | DailyAccrualFund |
| Apr 28, 2017 | $0.034 | DailyAccrualFund |
| Mar 31, 2017 | $0.039 | DailyAccrualFund |
| Feb 28, 2017 | $0.037 | DailyAccrualFund |
| Jan 31, 2017 | $0.034 | DailyAccrualFund |
| Dec 30, 2016 | $0.039 | DailyAccrualFund |
| Nov 30, 2016 | $0.037 | DailyAccrualFund |
| Oct 31, 2016 | $0.034 | DailyAccrualFund |
| Sep 30, 2016 | $0.039 | DailyAccrualFund |
| Aug 31, 2016 | $0.038 | DailyAccrualFund |
| Jul 29, 2016 | $0.038 | DailyAccrualFund |
| Jun 30, 2016 | $0.038 | DailyAccrualFund |
| May 31, 2016 | $0.037 | DailyAccrualFund |
| Apr 29, 2016 | $0.040 | DailyAccrualFund |
| Mar 31, 2016 | $0.040 | DailyAccrualFund |
| Feb 29, 2016 | $0.039 | DailyAccrualFund |
| Jan 29, 2016 | $0.036 | DailyAccrualFund |
| Dec 31, 2015 | $0.044 | DailyAccrualFund |
| Nov 30, 2015 | $0.039 | DailyAccrualFund |
| Oct 30, 2015 | $0.041 | DailyAccrualFund |
| Sep 30, 2015 | $0.040 | DailyAccrualFund |
| Aug 31, 2015 | $0.038 | DailyAccrualFund |
| Jul 31, 2015 | $0.043 | DailyAccrualFund |
| Jun 30, 2015 | $0.040 | DailyAccrualFund |
| May 29, 2015 | $0.041 | DailyAccrualFund |
| Apr 30, 2015 | $0.040 | DailyAccrualFund |
| Mar 31, 2015 | $0.035 | DailyAccrualFund |
| Feb 27, 2015 | $0.039 | DailyAccrualFund |
| Jan 30, 2015 | $0.040 | DailyAccrualFund |
| Dec 31, 2014 | $0.042 | DailyAccrualFund |
| Nov 28, 2014 | $0.038 | DailyAccrualFund |
| Oct 31, 2014 | $0.043 | DailyAccrualFund |
| Sep 30, 2014 | $0.040 | DailyAccrualFund |
| Aug 29, 2014 | $0.043 | DailyAccrualFund |
| Jul 31, 2014 | $0.041 | DailyAccrualFund |
| Jun 30, 2014 | $0.040 | DailyAccrualFund |
| May 30, 2014 | $0.042 | DailyAccrualFund |
| Apr 30, 2014 | $0.041 | DailyAccrualFund |
| Mar 31, 2014 | $0.039 | DailyAccrualFund |
| Feb 28, 2014 | $0.041 | DailyAccrualFund |
| Jan 31, 2014 | $0.047 | DailyAccrualFund |
| Dec 31, 2013 | $0.043 | DailyAccrualFund |
| Nov 29, 2013 | $0.044 | DailyAccrualFund |
| Oct 31, 2013 | $0.042 | DailyAccrualFund |
| Sep 30, 2013 | $0.040 | DailyAccrualFund |
| Aug 30, 2013 | $0.045 | DailyAccrualFund |
| Jul 31, 2013 | $0.042 | DailyAccrualFund |
| Jun 28, 2013 | $0.039 | DailyAccrualFund |
| May 31, 2013 | $0.043 | DailyAccrualFund |
| Apr 30, 2013 | $0.041 | DailyAccrualFund |
| Mar 28, 2013 | $0.041 | DailyAccrualFund |
| Feb 28, 2013 | $0.042 | DailyAccrualFund |
| Jan 31, 2013 | $0.039 | DailyAccrualFund |
| Dec 31, 2012 | $0.040 | DailyAccrualFund |
| Nov 30, 2012 | $0.045 | DailyAccrualFund |
| Oct 31, 2012 | $0.042 | DailyAccrualFund |
| Sep 28, 2012 | $0.039 | DailyAccrualFund |
| Aug 31, 2012 | $0.048 | DailyAccrualFund |
| Jul 31, 2012 | $0.042 | DailyAccrualFund |
| Jun 29, 2012 | $0.044 | DailyAccrualFund |
| May 31, 2012 | $0.043 | DailyAccrualFund |
| Apr 30, 2012 | $0.041 | DailyAccrualFund |
| Mar 30, 2012 | $0.044 | DailyAccrualFund |
| Feb 29, 2012 | $0.043 | DailyAccrualFund |
| Jan 31, 2012 | $0.040 | DailyAccrualFund |
| Dec 31, 2011 | $0.047 | DailyAccrualFund |
| Nov 30, 2011 | $0.045 | DailyAccrualFund |
| Oct 31, 2011 | $0.042 | DailyAccrualFund |
| Sep 30, 2011 | $0.048 | DailyAccrualFund |
| Aug 31, 2011 | $0.045 | DailyAccrualFund |
| Jul 29, 2011 | $0.045 | DailyAccrualFund |
| Jun 30, 2011 | $0.045 | DailyAccrualFund |
| May 31, 2011 | $0.043 | DailyAccrualFund |
| Apr 29, 2011 | $0.047 | DailyAccrualFund |
| Mar 31, 2011 | $0.045 | DailyAccrualFund |
| Feb 28, 2011 | $0.046 | DailyAccrualFund |
| Jan 31, 2011 | $0.044 | DailyAccrualFund |
| Dec 31, 2010 | $0.050 | DailyAccrualFund |
| Nov 30, 2010 | $0.046 | DailyAccrualFund |
| Oct 29, 2010 | $0.046 | DailyAccrualFund |
| Sep 30, 2010 | $0.046 | DailyAccrualFund |
| Aug 31, 2010 | $0.045 | DailyAccrualFund |
| Jul 30, 2010 | $0.049 | DailyAccrualFund |
| Jun 30, 2010 | $0.047 | DailyAccrualFund |
| May 28, 2010 | $0.043 | DailyAccrualFund |
| Apr 30, 2010 | $0.050 | DailyAccrualFund |
| Mar 31, 2010 | $0.047 | DailyAccrualFund |
| Feb 26, 2010 | $0.047 | DailyAccrualFund |
| Jan 29, 2010 | $0.042 | DailyAccrualFund |
| Dec 31, 2009 | $0.050 | DailyAccrualFund |
| Nov 30, 2009 | $0.045 | DailyAccrualFund |
| Oct 30, 2009 | $0.048 | DailyAccrualFund |
| Sep 30, 2009 | $0.047 | DailyAccrualFund |
| Aug 31, 2009 | $0.044 | DailyAccrualFund |
| Jul 31, 2009 | $0.051 | DailyAccrualFund |
| Jun 30, 2009 | $0.047 | DailyAccrualFund |
| May 29, 2009 | $0.047 | DailyAccrualFund |
| Apr 30, 2009 | $0.046 | DailyAccrualFund |
| Mar 31, 2009 | $0.046 | DailyAccrualFund |
| Feb 27, 2009 | $0.048 | DailyAccrualFund |
| Jan 30, 2009 | $0.047 | DailyAccrualFund |
| Dec 31, 2008 | $0.048 | DailyAccrualFund |
| Nov 28, 2008 | $0.044 | DailyAccrualFund |
| Oct 31, 2008 | $0.050 | DailyAccrualFund |
| Sep 30, 2008 | $0.047 | DailyAccrualFund |
| Aug 29, 2008 | $0.050 | DailyAccrualFund |
| Jul 31, 2008 | $0.048 | DailyAccrualFund |
| Jun 30, 2008 | $0.046 | DailyAccrualFund |
| May 30, 2008 | $0.049 | DailyAccrualFund |
| Apr 30, 2008 | $0.047 | DailyAccrualFund |
| Mar 31, 2008 | $0.045 | DailyAccrualFund |
| Feb 29, 2008 | $0.052 | DailyAccrualFund |
| Jan 31, 2008 | $0.048 | DailyAccrualFund |
| Dec 31, 2007 | $0.046 | DailyAccrualFund |
| Nov 30, 2007 | $0.050 | DailyAccrualFund |
| Oct 31, 2007 | $0.048 | DailyAccrualFund |
| Sep 28, 2007 | $0.043 | DailyAccrualFund |
| Aug 31, 2007 | $0.052 | DailyAccrualFund |
| Jul 31, 2007 | $0.046 | DailyAccrualFund |
| Jun 29, 2007 | $0.049 | DailyAccrualFund |
| May 31, 2007 | $0.047 | DailyAccrualFund |
| Apr 30, 2007 | $0.046 | DailyAccrualFund |
| Mar 30, 2007 | $0.049 | DailyAccrualFund |
| Feb 28, 2007 | $0.048 | DailyAccrualFund |
| Jan 31, 2007 | $0.045 | DailyAccrualFund |
| Dec 29, 2006 | $0.051 | DailyAccrualFund |
| Oct 31, 2006 | $0.046 | DailyAccrualFund |
| Sep 29, 2006 | $0.050 | DailyAccrualFund |
| Aug 31, 2006 | $0.048 | DailyAccrualFund |
| Jul 31, 2006 | $0.045 | DailyAccrualFund |
| Jun 30, 2006 | $0.053 | DailyAccrualFund |
| May 31, 2006 | $0.049 | DailyAccrualFund |
| Apr 28, 2006 | $0.045 | DailyAccrualFund |
| Mar 31, 2006 | $0.052 | DailyAccrualFund |
| Feb 28, 2006 | $0.048 | DailyAccrualFund |
| Jan 31, 2006 | $0.046 | DailyAccrualFund |
| Nov 30, 2005 | $0.048 | DailyAccrualFund |
| Oct 31, 2005 | $0.045 | DailyAccrualFund |
| Sep 30, 2005 | $0.052 | DailyAccrualFund |
| Aug 31, 2005 | $0.049 | DailyAccrualFund |
| Jul 29, 2005 | $0.049 | DailyAccrualFund |
| Jun 30, 2005 | $0.049 | DailyAccrualFund |
| May 31, 2005 | $0.047 | DailyAccrualFund |
| Apr 29, 2005 | $0.051 | DailyAccrualFund |
| Mar 31, 2005 | $0.049 | DailyAccrualFund |
| Feb 28, 2005 | $0.049 | DailyAccrualFund |
| Jan 31, 2005 | $0.046 | DailyAccrualFund |
| Dec 31, 2004 | $0.052 | DailyAccrualFund |
| Nov 30, 2004 | $0.049 | DailyAccrualFund |
| Oct 29, 2004 | $0.049 | DailyAccrualFund |
| Sep 30, 2004 | $0.049 | DailyAccrualFund |
| Aug 31, 2004 | $0.049 | DailyAccrualFund |
| Jul 30, 2004 | $0.052 | DailyAccrualFund |
| Jun 30, 2004 | $0.050 | DailyAccrualFund |
| May 28, 2004 | $0.047 | DailyAccrualFund |
| Apr 30, 2004 | $0.054 | DailyAccrualFund |
| Mar 31, 2004 | $0.051 | DailyAccrualFund |
| Feb 27, 2004 | $0.049 | DailyAccrualFund |
| Jan 30, 2004 | $0.051 | DailyAccrualFund |
| Dec 31, 2003 | $0.053 | DailyAccrualFund |
| Nov 28, 2003 | $0.048 | DailyAccrualFund |
| Oct 31, 2003 | $0.055 | DailyAccrualFund |
| Sep 30, 2003 | $0.048 | DailyAccrualFund |
| Aug 29, 2003 | $0.052 | DailyAccrualFund |
| Jul 31, 2003 | $0.050 | DailyAccrualFund |
| Jun 30, 2003 | $0.048 | DailyAccrualFund |
| May 30, 2003 | $0.052 | DailyAccrualFund |
| Apr 30, 2003 | $0.052 | DailyAccrualFund |
| Mar 31, 2003 | $0.048 | DailyAccrualFund |
| Feb 28, 2003 | $0.051 | DailyAccrualFund |
| Jan 31, 2003 | $0.054 | DailyAccrualFund |
| Dec 31, 2002 | $0.053 | DailyAccrualFund |
| Nov 29, 2002 | $0.054 | DailyAccrualFund |
| Oct 31, 2002 | $0.052 | DailyAccrualFund |
| Sep 30, 2002 | $0.049 | DailyAccrualFund |
| Aug 30, 2002 | $0.057 | DailyAccrualFund |
| Jul 31, 2002 | $0.054 | DailyAccrualFund |
| Jun 28, 2002 | $0.050 | DailyAccrualFund |
| May 31, 2002 | $0.057 | DailyAccrualFund |
| Apr 30, 2002 | $0.054 | DailyAccrualFund |
| Mar 28, 2002 | $0.054 | DailyAccrualFund |
| Feb 28, 2002 | $0.054 | DailyAccrualFund |
| Jan 31, 2002 | $0.053 | DailyAccrualFund |
| Dec 31, 2001 | $0.053 | DailyAccrualFund |
| Nov 30, 2001 | $0.058 | DailyAccrualFund |
| Oct 31, 2001 | $0.054 | DailyAccrualFund |
| Sep 28, 2001 | $0.049 | DailyAccrualFund |
| Aug 31, 2001 | $0.060 | DailyAccrualFund |
| Jul 31, 2001 | $0.053 | DailyAccrualFund |
| Jun 29, 2001 | $0.057 | DailyAccrualFund |
| May 31, 2001 | $0.056 | DailyAccrualFund |
| Apr 30, 2001 | $0.054 | DailyAccrualFund |
| Mar 30, 2001 | $0.058 | DailyAccrualFund |
| Feb 28, 2001 | $0.056 | DailyAccrualFund |
| Jan 31, 2001 | $0.054 | DailyAccrualFund |
| Dec 29, 2000 | $0.058 | DailyAccrualFund |
| Nov 30, 2000 | $0.056 | DailyAccrualFund |
| Oct 31, 2000 | $0.054 | DailyAccrualFund |
| Sep 29, 2000 | $0.057 | DailyAccrualFund |
| Aug 31, 2000 | $0.055 | DailyAccrualFund |
| Jul 31, 2000 | $0.052 | DailyAccrualFund |
| Jun 30, 2000 | $0.059 | OrdinaryDividend |
| May 31, 2000 | $0.056 | OrdinaryDividend |
| Apr 28, 2000 | $0.053 | OrdinaryDividend |
| Mar 31, 2000 | $0.060 | OrdinaryDividend |
| Feb 29, 2000 | $0.056 | OrdinaryDividend |
| Jan 31, 2000 | $0.053 | OrdinaryDividend |
| Dec 31, 1999 | $0.059 | OrdinaryDividend |
| Nov 30, 1999 | $0.055 | OrdinaryDividend |
| Oct 29, 1999 | $0.055 | OrdinaryDividend |
| Sep 30, 1999 | $0.054 | OrdinaryDividend |
| Aug 31, 1999 | $0.053 | OrdinaryDividend |
| Jul 30, 1999 | $0.057 | OrdinaryDividend |
| Jun 30, 1999 | $0.050 | OrdinaryDividend |
| May 28, 1999 | $0.051 | OrdinaryDividend |
| Apr 30, 1999 | $0.058 | OrdinaryDividend |
| Mar 31, 1999 | $0.054 | OrdinaryDividend |
| Feb 26, 1999 | $0.054 | OrdinaryDividend |
| Jan 29, 1999 | $0.049 | OrdinaryDividend |
| Dec 31, 1998 | $0.060 | OrdinaryDividend |
| Nov 30, 1998 | $0.053 | OrdinaryDividend |
| Oct 30, 1998 | $0.057 | OrdinaryDividend |
| Sep 30, 1998 | $0.056 | OrdinaryDividend |
| Aug 31, 1998 | $0.053 | OrdinaryDividend |
| Jul 31, 1998 | $0.060 | OrdinaryDividend |
| Jun 30, 1998 | $0.056 | OrdinaryDividend |
| May 29, 1998 | $0.056 | OrdinaryDividend |
| Apr 30, 1998 | $0.057 | OrdinaryDividend |
| Mar 31, 1998 | $0.055 | OrdinaryDividend |
| Feb 27, 1998 | $0.056 | OrdinaryDividend |
| Jan 30, 1998 | $0.057 | OrdinaryDividend |
| Dec 31, 1997 | $0.059 | OrdinaryDividend |
| Nov 28, 1997 | $0.053 | OrdinaryDividend |
| Oct 31, 1997 | $0.061 | OrdinaryDividend |
| Sep 30, 1997 | $0.055 | OrdinaryDividend |
| Aug 29, 1997 | $0.059 | OrdinaryDividend |
| Jul 31, 1997 | $0.058 | OrdinaryDividend |
| Jun 30, 1997 | $0.056 | OrdinaryDividend |
| May 30, 1997 | $0.060 | OrdinaryDividend |
| Apr 30, 1997 | $0.058 | OrdinaryDividend |
| Mar 31, 1997 | $0.055 | OrdinaryDividend |
| Feb 28, 1997 | $0.058 | OrdinaryDividend |
| Jan 31, 1997 | $0.061 | OrdinaryDividend |
| Dec 31, 1996 | $0.058 | OrdinaryDividend |
| Nov 29, 1996 | $0.060 | OrdinaryDividend |
| Oct 31, 1996 | $0.058 | OrdinaryDividend |
| Sep 30, 1996 | $0.055 | OrdinaryDividend |
| Aug 30, 1996 | $0.062 | OrdinaryDividend |
| Jul 31, 1996 | $0.058 | OrdinaryDividend |
| Jun 28, 1996 | $0.054 | OrdinaryDividend |
| May 31, 1996 | $0.062 | OrdinaryDividend |
| Apr 30, 1996 | $0.059 | OrdinaryDividend |
| Mar 29, 1996 | $0.059 | OrdinaryDividend |
| Feb 29, 1996 | $0.059 | OrdinaryDividend |
| Jan 31, 1996 | $0.057 | OrdinaryDividend |
| Dec 29, 1995 | $0.062 | OrdinaryDividend |
| Nov 30, 1995 | $0.059 | OrdinaryDividend |
| Oct 31, 1995 | $0.058 | OrdinaryDividend |
| Sep 29, 1995 | $0.062 | OrdinaryDividend |
| Aug 31, 1995 | $0.060 | OrdinaryDividend |
| Jul 31, 1995 | $0.057 | OrdinaryDividend |
| Jun 30, 1995 | $0.066 | OrdinaryDividend |
| May 31, 1995 | $0.061 | OrdinaryDividend |
| Apr 28, 1995 | $0.057 | OrdinaryDividend |
| Mar 31, 1995 | $0.065 | OrdinaryDividend |
| Feb 28, 1995 | $0.061 | OrdinaryDividend |
| Jan 31, 1995 | $0.057 | OrdinaryDividend |
| Dec 30, 1994 | $0.065 | OrdinaryDividend |
| Nov 30, 1994 | $0.060 | OrdinaryDividend |
| Oct 31, 1994 | $0.056 | OrdinaryDividend |
| Sep 30, 1994 | $0.065 | OrdinaryDividend |
| Aug 31, 1994 | $0.064 | OrdinaryDividend |
| Jul 29, 1994 | $0.061 | OrdinaryDividend |
| Jun 30, 1994 | $0.060 | OrdinaryDividend |
| May 31, 1994 | $0.058 | OrdinaryDividend |
| Apr 29, 1994 | $0.056 | OrdinaryDividend |
| Feb 28, 1994 | $0.061 | OrdinaryDividend |
| Jan 31, 1994 | $0.056 | OrdinaryDividend |
| Nov 30, 1993 | $0.061 | OrdinaryDividend |
| Oct 29, 1993 | $0.061 | OrdinaryDividend |
| Sep 30, 1993 | $0.062 | OrdinaryDividend |
| Aug 31, 1993 | $0.060 | OrdinaryDividend |
| Jul 30, 1993 | $0.065 | OrdinaryDividend |
| Jun 30, 1993 | $0.062 | OrdinaryDividend |
| May 28, 1993 | $0.059 | OrdinaryDividend |
| Apr 30, 1993 | $0.067 | OrdinaryDividend |
| Feb 26, 1993 | $0.064 | OrdinaryDividend |
| Jan 29, 1993 | $0.058 | OrdinaryDividend |
| Nov 30, 1992 | $0.062 | OrdinaryDividend |
PRFHX - Fund Manager Analysis
Managers
James Murphy
Start Date
Tenure
Tenure Rank
Jan 19, 2001
21.38
21.4%
Mr. Murphy, who joined T. Rowe Price in 2000, is a Vice President of T. Rowe Price Group, Inc. and T. Rowe Price Associates, Inc., and Portfolio Manager in the Fixed Income Division managing the firm's tax-free high-yield strategy. Mr. Murphy received a B.S. in finance from the University of Delaware and an M.B.A. in finance from Seton Hall University. He has also earned the Chartered Financial Analyst designation.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.06 | 21.43 | 7.34 | 2.52 |