T. Rowe Price Instl High Yield
100 East Pratt Street Baltimore MD 21202
Map
Phone: 800-638-8797
| Category: | High Yield Bond | | Fund Family: | T. Rowe Price | | Net Assets: | 1.12B | | Year-to-Date Return: | 38.11% | | Yield: | 7.33% | | Morningstar Rating: |  | | Fund Inception Date: | 31-May-02 |
|
Paul A. Karpers
Lead Manager since
02-Jan-08 | | | Karpers is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc., and a High Yield Portfolio manager/analyst in the Fixed Income group. Prior to joining the firm in 1995, he was an analyst with the Vanguard Group in Philadelphia. |
| Min Initial Investment: | $1,000,000 | | Min Initial Investment, IRA: | NaN | | Min Initial Investment, AIP: | NaN | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
|
| |
| The investment seeks high income; capital appreciation is a secondary concern. The fund normally invests at least 80% of net assets in a widely diversified portfolio of high yield corporate bonds, often called "junk" bonds, as well as income-producing convertible securities and preferred stocks that are rated as below investment-grade or not rated by any major credit rating agency but deemed to be below investment-grade by T. Rowe Price. Its weighted average maturity generally is expected to be in the 5- to 10-year range. The fund may also purchase foreign securities, futures, options, swaps, and other derivatives. |
| Last Dividend
(30-Oct-09):
| 0.06 | | Last Cap Gain
(20-Dec-07):
| 0.06 | | Annual Holdings Turnover
| 46.40% | | Average for Category:
| 90.12% |
|
| Expense | TRHYX | Category
Avg | | Total Expense Ratio: | 0.50%
| 1.20% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 4.47% | | Max Deferred Sales Load: | %
| 2.73% | | 3 Yr Expense Projection*: |
$ 160 | $637 | | 5 Yr Expense Projection*: |
$ 280 | $994 | | 10 Yr Expense Projection*: |
$ 628 | $2,006 |
|
|
0.83% Nasdaq 
0.01 (0.11%) 
Profile
