T Rowe Price High Yield Fund Z (TRKZX)
5.97
+0.01
(+0.17%)
USD |
May 01 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.00% | 6.384B | -- | 43.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -880.16M | 10.03% |
Basic Info
| Investment Strategy | |
| The Fund seeks high current income and, secondarily, capital appreciation by investing at least 80% of assets in a widely diversified portfolio of high-yield corporate bonds, often called "junk" bonds, income-producing convertible securities, and preferred stocks. Bonds will be those rated below investment grade. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD High Yield |
| Peer Group | High Yield Funds |
| Global Macro | Bond High Yield |
| US Macro | High Yield Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | High Yield Funds |
| Fund Owner Firm Name | T. Rowe Price |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
91
-246.22M
Peer Group Low
1.905B
Peer Group High
1 Year
% Rank:
96
-880.16M
-2.757B
Peer Group Low
6.063B
Peer Group High
3 Months
% Rank:
95
-1.206B
Peer Group Low
754.76M
Peer Group High
3 Years
% Rank:
99
-4.269B
Peer Group Low
12.80B
Peer Group High
6 Months
% Rank:
93
-2.219B
Peer Group Low
1.746B
Peer Group High
5 Years
% Rank:
92
-7.728B
Peer Group Low
14.73B
Peer Group High
YTD
% Rank:
94
-3.074B
Peer Group Low
781.68M
Peer Group High
10 Years
% Rank:
99
-10.71B
Peer Group Low
21.54B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 03, 2026.
Asset Allocation
As of March 31, 2026.
| Type | % Net |
|---|---|
| Cash | 1.96% |
| Stock | 0.14% |
| Bond | 95.40% |
| Convertible | 0.00% |
| Preferred | 1.94% |
| Other | 0.57% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| T Rowe Price Government Money Fund | 3.08% | 1.00 | 0.00% |
| CLOUD SOFTWARE GROUP, INC. CLOUDSO 9.0 09/30/2029 FIX USD Corporate 144A | 1.34% | 98.53 | 0.18% |
| EchoStar Corporation ECHO 10.75 11/30/2029 FIX USD Corporate | 0.88% | 108.66 | 0.10% |
| RIVIAN HOLDINGS, LLC RIVIHOL 10.0 01/15/2031 FIX USD Corporate 144A | 0.81% | 99.51 | -0.17% |
| LIFEPOINT HEALTH, INC. LIFEPOH 10.0 06/01/2032 FIX USD Corporate 144A | 0.74% | 102.49 | 0.25% |
| Talen Energy Supply, LLC TALEENE 8.625 06/01/2030 FIX USD Corporate 144A | 0.73% | 104.63 | 0.02% |
| TransDigm Inc. TRADIG 6.875 12/15/2030 FIX USD Corporate 144A | 0.72% | 103.16 | -0.04% |
| Carvana Co. CARVCO 9.0 06/01/2031 VAR USD Corporate 144A | 0.71% | 110.60 | -0.07% |
| LIFEPOINT HEALTH, INC. LIFEPOH 10/15/2030 FIX USD Corporate 144A (Called) | 0.68% | 108.45 | 0.02% |
|
Hopper Merger Sub Inc FRN 05-Jan-2034
|
0.64% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | -- |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks high current income and, secondarily, capital appreciation by investing at least 80% of assets in a widely diversified portfolio of high-yield corporate bonds, often called "junk" bonds, income-producing convertible securities, and preferred stocks. Bonds will be those rated below investment grade. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD High Yield |
| Peer Group | High Yield Funds |
| Global Macro | Bond High Yield |
| US Macro | High Yield Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | High Yield Funds |
| Fund Owner Firm Name | T. Rowe Price |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (4-30-26) | 7.41% |
| 30-Day SEC Yield (3-31-26) | 7.07% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 437 |
| Bond | |
| Yield to Maturity (3-31-26) | 7.27% |
| Effective Duration | 3.31 |
| Average Coupon | 7.44% |
| Calculated Average Quality | 5.699 |
| Effective Maturity | 5.709 |
| Nominal Maturity | 5.885 |
| Number of Bond Holdings | 386 |
As of March 31, 2026
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:TRKZX", "name") |
| Broad Asset Class: =YCI("M:TRKZX", "broad_asset_class") |
| Broad Category: =YCI("M:TRKZX", "broad_category_group") |
| Prospectus Objective: =YCI("M:TRKZX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |