The T. Rowe Price Institutional High Yield Fund (TRHYX) is a mutual fund that focuses on investing in high-yield bonds and other fixed-income securities. It is managed by T. Rowe Price, a well-respected investment management firm, and is designed for institutional investors such as pension funds and endowments. The fund aims to provide a high level of current income while also seeking capital appreciation. With a focus on high-yield bonds, the fund may carry a higher level of risk but also has the potential for higher returns. Overall, TRHYX offers a diversified portfolio of fixed-income securities with the goal of generating attractive returns for institutional investors.
TRHYX Mutual Fund Chart & Stats
$7.94
-$0.02(-0.25%)
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Previous Close$7.94
Sub-CategoryHigh-Yield
Total Liabilities62.40M
Next Dividend Ex-DateN/A
Expense Ratio0.50%
Holding Count410
Brandt. rowe price institutional income funds, inc.