Nasdaq - Delayed Quote USD
T. Rowe Price Tax-Free High Yield (PRFHX)
10.72
+0.28
+(2.68%)
At close: 8:04:21 PM EDT
Performance Overview
| Morningstar Return Rating | -- |
| YTD Return | -3.14% |
| 5y Average Return | 2.64% |
| Number of Years Up | 33 |
| Number of Years Down | 6 |
| Best 1Y Total Return (Apr 8, 2025) | 14.99% |
| Worst 1Y Total Return (Apr 8, 2025) | -- |
| Best 3Y Total Return | 14.99% |
| Worst 3Y Total Return | -1.77% |
Trailing Returns (%) Vs. Benchmarks
Monthly Total Returns
PRFHX
Category
- YTD
- -0.14%
- 4.55%
- 1-Month
- -1.91%
- 1.05%
- 3-Month
- -0.14%
- 3.41%
- 1-Year
- 3.61%
- 10.93%
- 3-Year
- 1.47%
- 5.87%
- 5-Year
- 2.72%
- 4.30%
- 10-Year
- 2.74%
- 5.93%
- Last Bull Market
- 6.61%
- 8.20%
- Last Bear Market
- -5.52%
- 7.76%
Annual Total Return (%) History
Year
PRFHX
Category
Past Quarterly Returns
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2025 | -0.14% | -- | -- | -- |
| 2024 | 2.13% | 1.87% | 3.28% | -1.37% |
| 2023 | 2.62% | 0.93% | -4.15% | 7.79% |
| 2022 | -6.34% | -5.52% | -4.71% | 2.48% |
| 2021 | 1.32% | 3.54% | 0.11% | 1.01% |
| 2020 | -6.17% | 3.30% | 2.79% | 3.77% |
| 2019 | 3.22% | 2.74% | 2.12% | 0.67% |
| 2018 | -0.51% | 1.00% | -0.03% | 0.19% |
| 2017 | 1.81% | 2.45% | 1.33% | 1.51% |
| 2016 | 1.96% | 3.85% | 0.11% | -4.37% |
| 2015 | 1.54% | -1.24% | 1.44% | 2.09% |
| 2014 | 5.58% | 3.90% | 2.27% | 2.50% |
| 2013 | 1.27% | -4.45% | -1.97% | 0.67% |
| 2012 | 4.54% | 3.25% | 3.37% | 1.86% |
| 2011 | -0.47% | 4.87% | 4.07% | 2.16% |
| 2010 | 2.95% | 2.14% | 3.89% | -4.88% |
| 2009 | 6.72% | 9.10% | 13.13% | -0.24% |
| 2008 | -1.89% | 1.11% | -5.79% | -15.99% |
| 2007 | 1.00% | -0.49% | -0.58% | -1.08% |
| 2006 | 1.30% | 0.57% | 3.25% | 1.60% |
| 2005 | 1.22% | 3.12% | 0.74% | 1.06% |
| 2004 | 2.25% | -1.01% | 3.32% | 1.97% |
| 2003 | 0.81% | 3.19% | 0.63% | 2.31% |
| 2002 | 1.23% | 2.39% | 2.45% | 0.18% |
| 2001 | 2.25% | 1.36% | 1.73% | -0.73% |
| 2000 | 2.05% | 0.88% | 2.43% | 2.54% |
| 1999 | 0.61% | -1.59% | -1.71% | -2.48% |
| 1998 | 1.25% | 1.51% | 2.69% | -0.00% |
| 1997 | 0.19% | 3.31% | 3.39% | 2.94% |
| 1996 | -1.36% | 0.89% | 2.76% | 2.65% |
| 1995 | 6.15% | 2.62% | 2.47% | 4.47% |
| 1994 | -4.28% | 0.71% | 0.39% | -1.20% |
| 1993 | 3.74% | 3.88% | 3.37% | 1.42% |
| 1992 | 0.85% | 3.89% | 2.39% | 2.12% |
| 1991 | 1.79% | 2.85% | 3.46% | 3.17% |
| 1990 | 0.78% | 2.31% | 0.65% | 3.21% |
| 1989 | 1.71% | 5.04% | 0.42% | 3.00% |
| 1988 | 3.43% | 2.35% | 2.81% | 2.14% |
| 1987 | 3.20% | -4.22% | -1.09% | 2.51% |
| 1986 | 9.87% | -0.44% | 6.00% | 3.84% |
| 1985 | 5.47% | -1.34% | 9.86% | -- |
Rank in Category (By Total Return)
| YTD | 61 |
| 1-Month | 64 |
| 3-Month | 61 |
| 1-Year | 47 |
| 3-Year | 46 |
| 5-Year | 32 |
Load Adjusted Returns
| 1-Year | 3.61% |
| 3-Year | 1.47% |
| 5-Year | 2.72% |
| 10-Year | 2.74% |
Performance & Risk
| YTD Return | -3.14% |
| 5y Average Return | 2.64% |
| Rank in Category (ytd) | 61 |
| % Rank in Category (ytd) | -- |
| Beta (5Y Monthly) | 1.16 |
| Morningstar Risk Rating |
Fund Overview
| Category | High Yield Muni |
| Fund Family | T. Rowe Price |
| Net Assets | 3.46B |
| YTD Return | -0.14% |
| Yield | 3.88% |
| Morningstar Rating | |
| Inception Date | Mar 01, 1985 |
Fund Summary
Normally, at least 80% of the fund's income will be exempt from federal income taxes. However, up to 20% of the fund's income could be derived from securities subject to the alternative minimum tax. It generally seeks higher yielding municipal bonds, including those that are rated below investment grade (BB and lower, or an equivalent rating) by a major credit rating agency or by T. Rowe Price, known as "junk" bonds.
Related Tickers
URNQX Victory Nasdaq 100 Index Fund
45.20
-4.18%
MUXYX Victory S&P 500 Index Y
23.17
-3.42%
MUXAX Victory S&P 500 Index A
22.87
-3.42%
MNNYX Victory Munder Multi-Cap Y
56.32
-3.43%
MRIMX Victory Integrity Mid-Cap Value R6
20.14
-3.73%
MMMMX Victory Integrity Discovery Member
33.89
-4.18%
MMEYX Victory Integrity Discovery Y
38.79
-4.17%
VEVYX Victory Sycamore Established Value Fund
41.08
-3.14%
VEVIX Victory Sycamore Established Value Fund
41.09
-3.14%
GETGX Victory Sycamore Established Value R
40.15
-3.14%
VETAX Victory Sycamore Established Value Fund
41.05
-3.14%
ECASX Eaton Vance Atlanta Capital SMID-Cap C
25.35
-2.42%
EISMX Eaton Vance Atlanta Capital SMID-Cap I
37.36
-2.43%
ERSMX Eaton Vance Atlanta Capital SMID-Cap Fund
29.18
-2.41%
TIIRX Nuveen Core Equity A
23.44
-3.18%
GMCFX GMO International Equity Fund
25.74
+5.67%
GMOIX GMO International Equity Fund
25.78
+5.66%
SAISX SA International Small Company
20.01
+5.09%
INIYX VanEck International Investors Gold Y
15.01
+4.89%
INIIX VanEck International Investors Gold I
20.50
+4.86%
FGADX Franklin Gold and Precious Metals Adv
26.73
+4.66%
FGPMX Franklin Gold and Precious Metals R6
27.18
+4.66%
FRGOX Franklin Gold and Precious Metals C
20.95
+4.65%
FKRCX Franklin Gold and Precious Metals A
24.34
+4.64%
NGRRX Nuveen International Value I
28.38
-1.53%
USERX U.S. Global Investors Gold & Precious Metals Fund
15.15
+4.41%
HNMVX Harbor Mid Cap Value Retirement
22.86
-3.83%
NELAX Nuveen Equity Long/Short A
53.04
-2.41%
NELIX Nuveen Equity Long/Short I
55.36
-2.40%
NQVAX Nuveen Multi Cap Value A
49.25
-3.77%
NQVCX Nuveen Multi Cap Value C
45.61
-3.76%
NQVRX Nuveen Multi Cap Value I
49.82
-3.79%
NSMRX Nuveen Small/Mid Cap Value Fund
28.42
-4.15%
NWQFX Nuveen Small/Mid Cap Value R6
28.71
-4.14%
NSMAX Nuveen Small/Mid Cap Value Fund
27.42
-4.13%
NSMCX Nuveen Small/Mid Cap Value Fund
21.71
-4.15%
FEURX First Eagle Gold R6
35.21
+3.83%
GEMNX GMO Emerging Markets R6
21.76
+3.52%
GEMEX GMO Emerging Markets I
21.71
+3.48%
UGTAX Victory Growth and Tax Strategy Fund
26.07
+0.50%
SSHQX State Street Hedged Intl Dev Eq Idx K
115.04
+3.12%
CADOX Columbia Minnesota Tax-Exempt Inst2
18.84
+3.06%
CMNZX Columbia Minnesota Tax-Exempt Inst
18.85
+3.01%
CNYZX Columbia Strat New York Muncpl Inc Inst
25.09
+3.00%
CNTYX Columbia Strat New York Muncpl Inc Inst3
25.11
+2.99%
CNYRX Columbia Strat New York Muncpl Inc Inst2
25.03
+2.96%
CCAZX Columbia Strat CA Muncpl Inc Inst
25.94
+2.85%
CCXYX Columbia Strategic California Municipal Income Fund
26.08
+2.84%
PTIMX Performance Trust Municipal Bond Instl
22.05
+2.04%
TGCEX TCW Concentrated Large Cap Growth I Cl
26.89
-3.79%
FSHCX Fidelity Select Health Care Svcs Port
117.98
+0.87%
APDIX Artisan International Fund
27.93
+0.79%
AIVGX American Funds International Vntg F-3
16.64
+0.79%
FGRSX Federated Hermes Intl Leaders R6
36.73
+0.66%
FGFLX Federated Hermes Intl Leaders IS
36.79
+0.66%
FTMAX First Trust Multi-Strategy Cl A
23.36
0.00%
FTMIX First Trust Multi-Strategy Cl I
23.86
0.00%
FTMCX First Trust Multi-Strategy Cl C
23.90
0.00%
NPSFX Nuveen Preferred Secs & Inc R6
15.20
+0.60%
ISCCX Federated Hermes Intl Small-Mid Co C
26.81
+0.56%
ISCAX Federated Hermes Intl Small-Mid Co A
39.73
+0.56%
ISCIX Federated Hermes Intl Small-Mid Co IS
41.04
+0.54%
NPSAX Nuveen Preferred Secs & Inc A
15.14
+0.53%
NPSRX Nuveen Preferred Secs & Inc I
15.16
+0.53%
UGTCX Victory Growth and Tax Strategy Fund
25.85
+0.51%
UGTIX Victory Growth and Tax Strategy Fund
26.13
+0.50%
USBLX Victory Growth and Tax Strategy Fund
26.15
+0.50%
ICMPX Lazard International Quality Gr Instl
15.58
+0.45%
RCMPX Lazard International Quality Gr R6
15.59
+0.45%
VWSUX Vanguard Ultra Short-Term Tx-Ex Adm
15.72
+0.38%
GLIFX Lazard Global Listed Infrastructure Portfolio
16.14
+0.37%
FCIKX NYLI PineStone International Eq Inv Cl
15.67
+0.32%
FCIHX NYLI PineStone International Equity Cl P
15.73
+0.32%
FCIUX NYLI PineStone International Equity Cl I
15.74
+0.32%
GLFOX Lazard Global Listed Infrastructure Portfolio
16.15
+0.31%
AIFRX abrdn Global Infrastructure Instl
22.82
+0.26%
FCICX NYLI PineStone International Equity Cl C
15.51
+0.26%
FCIRX NYLI PineStone International Equity Cl A
15.68
+0.26%
FCIWX NYLI PineStone International Eq Cl R6
15.80
+0.25%
TEBRX Teberg
21.90
-3.74%
FNORX Fidelity Nordic
58.08
+0.19%
DPIIX Destra Flaherty & Crumrine Preferred and Income Fund
16.27
+0.18%
DPIAX Destra Flaherty & Crumrine Preferred and Income Fund
16.35
+0.18%
CNPIX Consumer Staples UltraSector ProFund Inv
74.21
+0.18%
CNPSX Consumer Staples UltraSector ProFund Svc
64.42
+0.17%
ARINX Archer Income
17.98
+0.17%
FTISX Fidelity Advisor Intl Small Cap M
29.87
+0.13%
VEGBX Vanguard Emerging Markets Bond Admiral
22.70
+0.13%
FISMX Fidelity International Small Cap
30.71
+0.13%
FPEAX First Trust Preferred Sec & Inc A
18.93
+0.11%
FICSX Fidelity Advisor Intl Small Cap C
28.79
+0.10%
FIASX Fidelity Advisor Intl Small Cap A
30.02
+0.10%
FIQIX Fidelity Advisor Intl Small Cap Z
30.88
+0.10%
FIXIX Fidelity Advisor Intl Small Cap I
30.92
+0.10%
MISMX Matthews EM Sm Coms Instl
20.92
+0.10%
MSMLX Matthews EM Sm Coms Inv
20.94
+0.10%
MIEIX MFS International Equity R6
34.07
+0.06%
FPEIX First Trust Preferred Sec & Inc I
19.12
+0.05%
MWFEX Metropolitan West Funds - Flexible Income Fund
38.33
+0.05%
FPEFX First Trust Preferred Sec & Inc F
19.20
+0.05%