- What does PRCPX invest in?
- The T. Rowe Price Credit Opportunities Fund, Inc. aims to achieve a dual objective: generating both substantial long-term capital growth and significant income. To accomplish this, the fund ordinarily allocates at least 80% of its total net assets (including any capital acquired through borrowing for investment purposes) to debt-related instruments or financial derivatives that provide exposure to such credit assets. Its typical holdings in credit instruments span a range including bonds issued by corporations and governments, syndicated bank loans, hybrid convertible securities, preference shares, and various securitized products. These securitized products are financial vehicles that derive their value from pools of underlying assets, such as mortgages, consumer loans, or other outstanding receivables.
- What is the expense ratio of PRCPX?
- T. Rowe Price Credit Opportunities Fund, Inc. (PRCPX) charges an expense ratio of 0.81%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is PRCPX?
- T. Rowe Price Credit Opportunities Fund, Inc. (PRCPX) manages $399.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is PRCPX actively managed or an index fund?
- PRCPX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PRCPX's is 0.81%) in exchange for the discretion to over- or under-weight positions.
- When was PRCPX launched?
- T. Rowe Price Credit Opportunities Fund, Inc. (PRCPX) launched in May 2014 and is managed by T. Rowe Price.
- How has PRCPX performed?
- PRCPX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
