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T. Rowe Price High-Yield (PRHYX)On Dec 4: 6.31   0.00 (0.00%)  
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Profile  As of 31-Oct-09Get Profile for:
T. Rowe Price High-Yield
100 East Pratt Street Baltimore MD 21202
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Phone: 800-638-5660
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FUND OVERVIEW 
Category:High Yield Bond
Fund Family:T. Rowe Price
Net Assets:5.08B
Year-to-Date Return:42.51%
Yield:7.44%
Morningstar Rating:4 stars
Fund Inception Date:31-Dec-84
MORNINGSTAR STYLE BOX 
High Yield Bond
[View Category Definition]
View Top High Yield Bond Funds
About the Morningstar Style Box
MANAGEMENT INFORMATION 
Mark J. Vaselkiv
Lead Manager since 30-Jun-96
Vaselkiv is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc., and a portfolio manager in the Fixed Income Group, heading taxable high-yield bond management. He serves as president of the T. Rowe Price High Yield Fund and chairman of the High Yield Fund Investment Advisory Committee.
INVESTMENT INFORMATION 
Min Initial Investment:$2,500
Min Initial Investment, IRA:$1,000
Min Initial Investment, AIP:$0
Min Subsequent Investment:$100
Min Subsequent Investment, IRA:$50
Min Subsequent Investment, AIP:$50
PRHYX can be purchased from 14 brokerages.
FUND SUMMARY 
The investment seeks high current income; capital appreciation is a secondary consideration. The fund normally invest at least 80% of assets in a widely diversified portfolio of high-yield corporate bonds, income-producing convertible securities, and preferred stocks. High-yield bonds are rated below investment grade (BB and lower). Its weighted average maturity generally is expected to be in the 5- to 10-year range. The fund may invest in futures, options, and swaps.
FUND OPERATIONS 
Last Dividend (30-Oct-09): 0.04
Last Cap Gain (7-Dec-04): 0.01
Annual Holdings Turnover 54.40%
Average for Category: 90.12%
FEES & EXPENSES 
ExpensePRHYXCategory
Avg
Total Expense Ratio:0.80% 1.20%
Max 12b1 Fee:0.00% N/A
Max Front End Sales Load:% 4.47%
Max Deferred Sales Load:% 2.73%
3 Yr Expense Projection*: $ 255$637
5 Yr Expense Projection*: $ 444$994
10 Yr Expense Projection*: $ 990$2,006
* Per $10,000 invested


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