T. Rowe Price U.S. High Yield Fund Investor Class

Frequently Asked Questions About TUHYX

What does TUHYX invest in?

The fund's main objective is to generate overall total return, with a secondary aim of providing current income. It typically commits at least 80% of its net assets, which includes any funds borrowed for investment, to U.S. high-yield debt instruments, commonly known as "junk bonds." These securities are, at the time of acquisition, either rated below investment grade by a credit rating agency or, if lacking a major agency rating, are considered to be of comparable sub-investment grade quality by T. Rowe Price.

What is the expense ratio of TUHYX?

T. Rowe Price U.S. High Yield Fund Investor Class (TUHYX) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.

What is TUHYX's dividend yield?

TUHYX's trailing-twelve-month yield is 8.13%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of TUHYX?

Effective duration measures TUHYX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. TUHYX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of TUHYX?

TUHYX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of TUHYX?

Yield to maturity (YTM) is the total return you'd earn from TUHYX if every bond in the portfolio is held to maturity at the current price. TUHYX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.