Back to top
T. Rowe Price Tax-free High Yield Fd Inc.: (MF: PRFHX)
(NASDAQ Mutual Funds) As of May 21, 2025 08:00 PM ET
$10.71 USD
-0.05 (-0.47%)
Zacks MF Rank
1-Strong Buy of 5 1
Fund Description
The fund was incepted in March 1985 and is managed by T.Rowe Price Associates. This fund's main objective is to seek a high level of income exempt from federal income tax by investing primarily in long-term, low- to upper-medium-quality municipal securities. The fund invests a substantial portion of assets in below investment-grade municipal or 'junk' bonds and may buy bonds in default as long as they do not exceed 10% of assets. The fund's weighted average maturity is expected to exceed 15 years. Dividends are declared daily and distributed monthly. Capital gains, if any, are declared and paid in December.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| T. Rowe Price Tax Free High Yld Rtl | PRFHX | NA | NA | 0.00 | 0.00 | 0.59 | 0.67 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Tax Free High Yld Rtl | PRFHX | 10.71 | 3/1/1985 | 3.96 | 3.24 | 2.14 | 2.98 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| T. Rowe Price Tax Free High Yld Rtl | PRFHX | 2500 | 100 | 1000 | M |
Contact Information
| Family | T. Rowe Price |
| Address | 100 E Pratt Street Baltimore, MD 21202 |
| Phone | 800 225-5132 |