T. Rowe Price Intermediate Tax-Free High Yield Fund, Inc.
Fund
PRIHX
Price as of:
$9.65
- $0.00
- 0.00%
Primary Theme
fund company
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
0.6%
1 yr return
3.4%
3 Yr Avg Return
-0.3%
5 Yr Avg Return
1.4%
Net Assets
$88.5 M
Holdings in Top 10
11.9%
52 WEEK LOW AND HIGH
$9.7
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.02%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 15.60%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
PRIHX - Profile
Distributions
- YTD Total Return 0.6%
- 3 Yr Annualized Total Return -0.3%
- 5 Yr Annualized Total Return 1.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.61%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameT. Rowe Price Intermediate Tax-Free High Yield Fund, Inc.
-
Fund Family NameTROWEPRICE
-
Inception DateJul 24, 2014
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJames Murphy
Fund Description
The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in securities whose interest is free from federal income taxes. The fund may invest in securities rated in any rating category, but generally seeks higher-yielding municipal bonds, including those that are rated below investment grade (BB and lower, or an equivalent rating) by established credit rating agencies or, if unrated, deemed by T. Rowe Price to be of comparable credit quality, known as “junk” bonds. Although the fund may purchase securities of any maturity, the fund normally maintains a weighted average effective maturity of between three and 10 years. Targeting within this range of effective maturity gives the portfolio manager additional flexibility.
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.
From time to time, the fund may invest a significant portion of its assets in sectors with special risks, such as health care, transportation, utilities, or private activity bonds.
PRIHX - Performance
Return Ranking - Trailing
| Period | PRIHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.6% | -3.8% | 3.1% | 36.41% |
| 1 Yr | 3.4% | -5.9% | 7.3% | 57.28% |
| 3 Yr | -0.3%* | -9.8% | 1.6% | 5.97% |
| 5 Yr | 1.4%* | -4.7% | 525.2% | 37.50% |
| 10 Yr | N/A* | 0.0% | 155.6% | N/A |
* Annualized
Return Ranking - Calendar
| Period | PRIHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 1.9% | -1.5% | 7.5% | 68.93% |
| 2022 | -11.9% | -26.9% | -3.5% | 11.33% |
| 2021 | 2.1% | -1.9% | 5.6% | 56.00% |
| 2020 | -0.6% | -10.1% | 4.2% | 74.75% |
| 2019 | 3.7% | 2.0% | 9.1% | 89.58% |
Total Return Ranking - Trailing
| Period | PRIHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.6% | -3.8% | 3.1% | 36.41% |
| 1 Yr | 3.4% | -5.9% | 7.3% | 57.28% |
| 3 Yr | -0.3%* | -9.8% | 1.6% | 5.97% |
| 5 Yr | 1.4%* | -4.7% | 525.2% | 37.50% |
| 10 Yr | N/A* | 0.0% | 155.6% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | PRIHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 5.3% | 0.4% | 10.9% | 74.76% |
| 2022 | -8.9% | -26.9% | -2.9% | 9.36% |
| 2021 | 4.8% | -1.9% | 10.0% | 65.00% |
| 2020 | 1.6% | -4.1% | 8.2% | 81.82% |
| 2019 | 7.1% | 3.5% | 1028633.9% | 84.38% |
NAV & Total Return History
PRIHX - Holdings
Concentration Analysis
| PRIHX | Category Low | Category High | PRIHX % Rank | |
|---|---|---|---|---|
| Net Assets | 88.5 M | 9.79 K | 16.1 B | 94.20% |
| Number of Holdings | 341 | 1 | 3076 | 60.19% |
| Net Assets in Top 10 | 9.8 M | -102 M | 3.44 B | 97.09% |
| Weighting of Top 10 | 11.88% | 4.7% | 100.7% | 67.32% |
Top 10 Holdings
- PUERTO RICO COMMONWEALTH AQUEDUCT SEWER AUTHORITY 1.53%
- PUERTO RICO COMMONWEALTH AQUEDUCT SEWER AUTHORITY 1.52%
- MARYLAND ECONOMIC DEVELOPMENT CORP 1.42%
- TOBACCO SETTLEMENT FINANCING CORP 1.27%
- PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE 1.15%
- COMMONWEALTH OF PUERTO RICO 1.07%
- DELAWARE STATE HEALTH FACILITIES AUTHORITY 1.06%
- NEW YORK TRANSPORTATION DEVELOPMENT CORP 1.03%
- CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY 0.91%
- KENTUCKY PUBLIC ENERGY AUTHORITY 0.90%
Asset Allocation
| Weighting | Return Low | Return High | PRIHX % Rank | |
|---|---|---|---|---|
| Bonds | 99.17% | 0.00% | 146.69% | 30.14% |
| Cash | 0.83% | -0.64% | 100.00% | 63.59% |
| Stocks | 0.00% | 0.00% | 99.38% | 73.68% |
| Preferred Stocks | 0.00% | -47.61% | 1.89% | 65.05% |
| Other | 0.00% | -12.04% | 9.96% | 59.71% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 65.05% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | PRIHX % Rank | |
|---|---|---|---|---|
| Municipal | 97.46% | 0.00% | 100.00% | 62.14% |
| Derivative | 0.00% | -12.35% | 1.55% | 55.34% |
| Cash & Equivalents | 0.00% | 0.00% | 100.00% | 81.55% |
| Securitized | 0.00% | 0.00% | 22.44% | 67.48% |
| Corporate | 0.00% | 0.00% | 2.83% | 81.55% |
| Government | 0.00% | 0.00% | 0.09% | 67.48% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | PRIHX % Rank | |
|---|---|---|---|---|
| US | 99.17% | 0.00% | 139.84% | 26.21% |
| Non US | 0.00% | 0.00% | 13.35% | 70.39% |
PRIHX - Expenses
Operational Fees
| PRIHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.02% | 0.21% | 3.44% | 45.37% |
| Management Fee | 0.36% | 0.00% | 1.41% | 11.48% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 20.49% |
| Administrative Fee | N/A | 0.02% | 0.35% | 84.21% |
Sales Fees
| PRIHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 4.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| PRIHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 1.00% | 61.54% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| PRIHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 15.60% | 2.00% | 121.00% | 33.33% |
PRIHX - Distributions
Dividend Yield Analysis
| PRIHX | Category Low | Category High | PRIHX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 6.74% | 73.68% |
Dividend Distribution Analysis
| PRIHX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| PRIHX | Category Low | Category High | PRIHX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.61% | 1.11% | 5.70% | 76.08% |
Capital Gain Distribution Analysis
| PRIHX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Mar 28, 2024 | $0.029 | OrdinaryDividend |
| Feb 29, 2024 | $0.027 | DailyAccrualFund |
| Jan 31, 2024 | $0.028 | DailyAccrualFund |
| Dec 29, 2023 | $0.029 | DailyAccrualFund |
| Nov 30, 2023 | $0.027 | DailyAccrualFund |
| Oct 31, 2023 | $0.027 | DailyAccrualFund |
| Sep 29, 2023 | $0.027 | DailyAccrualFund |
| Aug 31, 2023 | $0.025 | DailyAccrualFund |
| Jul 31, 2023 | $0.025 | DailyAccrualFund |
| Jun 30, 2023 | $0.029 | DailyAccrualFund |
| May 31, 2023 | $0.027 | DailyAccrualFund |
| Apr 28, 2023 | $0.023 | DailyAccrualFund |
| Mar 31, 2023 | $0.029 | DailyAccrualFund |
| Feb 28, 2023 | $0.022 | DailyAccrualFund |
| Jan 31, 2023 | $0.026 | DailyAccrualFund |
| Dec 30, 2022 | $0.028 | DailyAccrualFund |
| Nov 30, 2022 | $0.025 | DailyAccrualFund |
| Oct 31, 2022 | $0.025 | DailyAccrualFund |
| Sep 30, 2022 | $0.026 | DailyAccrualFund |
| Aug 31, 2022 | $0.026 | DailyAccrualFund |
| Jul 29, 2022 | $0.030 | DailyAccrualFund |
| Jun 30, 2022 | $0.027 | DailyAccrualFund |
| May 31, 2022 | $0.026 | DailyAccrualFund |
| Apr 29, 2022 | $0.026 | DailyAccrualFund |
| Mar 31, 2022 | $0.025 | DailyAccrualFund |
| Feb 28, 2022 | $0.022 | DailyAccrualFund |
| Jan 31, 2022 | $0.023 | DailyAccrualFund |
| Dec 31, 2021 | $0.026 | DailyAccrualFund |
| Nov 30, 2021 | $0.023 | DailyAccrualFund |
| Oct 29, 2021 | $0.024 | DailyAccrualFund |
| Sep 30, 2021 | $0.022 | DailyAccrualFund |
| Aug 31, 2021 | $0.022 | DailyAccrualFund |
| Jul 30, 2021 | $0.023 | DailyAccrualFund |
| Jun 30, 2021 | $0.022 | DailyAccrualFund |
| May 28, 2021 | $0.022 | DailyAccrualFund |
| Apr 30, 2021 | $0.024 | DailyAccrualFund |
| Mar 31, 2021 | $0.024 | DailyAccrualFund |
| Mar 01, 2021 | $0.021 | DailyAccrualFund |
| Jan 29, 2021 | $0.021 | DailyAccrualFund |
| Dec 31, 2020 | $0.026 | DailyAccrualFund |
| Nov 30, 2020 | $0.020 | DailyAccrualFund |
| Oct 30, 2020 | $0.023 | DailyAccrualFund |
| Sep 30, 2020 | $0.025 | DailyAccrualFund |
| Aug 31, 2020 | $0.024 | DailyAccrualFund |
| Jul 31, 2020 | $0.027 | DailyAccrualFund |
| Jun 30, 2020 | $0.025 | DailyAccrualFund |
| May 29, 2020 | $0.023 | DailyAccrualFund |
| Apr 30, 2020 | $0.025 | DailyAccrualFund |
| Mar 31, 2020 | $0.025 | DailyAccrualFund |
| Feb 28, 2020 | $0.023 | DailyAccrualFund |
| Jan 31, 2020 | $0.027 | DailyAccrualFund |
| Dec 31, 2019 | $0.042 | DailyAccrualFund |
| Nov 29, 2019 | $0.026 | DailyAccrualFund |
| Oct 31, 2019 | $0.026 | DailyAccrualFund |
| Sep 30, 2019 | $0.023 | DailyAccrualFund |
| Aug 30, 2019 | $0.028 | DailyAccrualFund |
| Jul 31, 2019 | $0.025 | DailyAccrualFund |
| May 31, 2019 | $0.028 | DailyAccrualFund |
| Apr 30, 2019 | $0.025 | DailyAccrualFund |
| Mar 29, 2019 | $0.026 | DailyAccrualFund |
| Feb 28, 2019 | $0.024 | DailyAccrualFund |
| Jan 31, 2019 | $0.025 | DailyAccrualFund |
| Dec 31, 2018 | $0.025 | DailyAccrualFund |
| Nov 30, 2018 | $0.027 | DailyAccrualFund |
| Oct 31, 2018 | $0.026 | DailyAccrualFund |
| Aug 31, 2018 | $0.027 | DailyAccrualFund |
| Jul 31, 2018 | $0.023 | DailyAccrualFund |
| Jun 29, 2018 | $0.024 | DailyAccrualFund |
| May 31, 2018 | $0.024 | DailyAccrualFund |
| Apr 30, 2018 | $0.023 | DailyAccrualFund |
| Mar 29, 2018 | $0.024 | DailyAccrualFund |
| Feb 28, 2018 | $0.025 | DailyAccrualFund |
| Jan 31, 2018 | $0.022 | DailyAccrualFund |
| Dec 29, 2017 | $0.024 | DailyAccrualFund |
| Nov 30, 2017 | $0.024 | DailyAccrualFund |
| Oct 31, 2017 | $0.023 | DailyAccrualFund |
| Sep 29, 2017 | $0.025 | DailyAccrualFund |
| Aug 31, 2017 | $0.024 | DailyAccrualFund |
| Jul 31, 2017 | $0.022 | DailyAccrualFund |
| Jun 30, 2017 | $0.025 | DailyAccrualFund |
| May 31, 2017 | $0.023 | DailyAccrualFund |
| Apr 28, 2017 | $0.022 | DailyAccrualFund |
| Mar 31, 2017 | $0.025 | DailyAccrualFund |
| Feb 28, 2017 | $0.024 | DailyAccrualFund |
| Jan 31, 2017 | $0.021 | DailyAccrualFund |
| Dec 30, 2016 | $0.024 | DailyAccrualFund |
| Nov 30, 2016 | $0.023 | DailyAccrualFund |
| Oct 31, 2016 | $0.021 | DailyAccrualFund |
| Sep 30, 2016 | $0.024 | DailyAccrualFund |
| Aug 31, 2016 | $0.022 | DailyAccrualFund |
| Jul 29, 2016 | $0.022 | DailyAccrualFund |
| Jun 30, 2016 | $0.022 | DailyAccrualFund |
| May 31, 2016 | $0.022 | DailyAccrualFund |
| Apr 29, 2016 | $0.023 | DailyAccrualFund |
| Mar 31, 2016 | $0.023 | DailyAccrualFund |
| Feb 29, 2016 | $0.024 | DailyAccrualFund |
| Jan 29, 2016 | $0.020 | DailyAccrualFund |
| Dec 31, 2015 | $0.024 | DailyAccrualFund |
| Nov 30, 2015 | $0.021 | DailyAccrualFund |
| Oct 30, 2015 | $0.024 | DailyAccrualFund |
| Sep 30, 2015 | $0.023 | DailyAccrualFund |
| Aug 31, 2015 | $0.019 | DailyAccrualFund |
| Jul 31, 2015 | $0.024 | DailyAccrualFund |
| Jun 30, 2015 | $0.021 | DailyAccrualFund |
| May 29, 2015 | $0.021 | DailyAccrualFund |
| Apr 30, 2015 | $0.020 | DailyAccrualFund |
| Mar 31, 2015 | $0.018 | DailyAccrualFund |
| Feb 27, 2015 | $0.023 | DailyAccrualFund |
| Jan 30, 2015 | $0.022 | DailyAccrualFund |
| Dec 31, 2014 | $0.023 | DailyAccrualFund |
| Nov 28, 2014 | $0.023 | DailyAccrualFund |
| Oct 31, 2014 | $0.023 | DailyAccrualFund |
| Sep 30, 2014 | $0.021 | DailyAccrualFund |
| Aug 29, 2014 | $0.009 | DailyAccrualFund |
PRIHX - Fund Manager Analysis
Managers
James Murphy
Start Date
Tenure
Tenure Rank
Jul 24, 2014
7.86
7.9%
Mr. Murphy, who joined T. Rowe Price in 2000, is a Vice President of T. Rowe Price Group, Inc. and T. Rowe Price Associates, Inc., and Portfolio Manager in the Fixed Income Division managing the firm's tax-free high-yield strategy. Mr. Murphy received a B.S. in finance from the University of Delaware and an M.B.A. in finance from Seton Hall University. He has also earned the Chartered Financial Analyst designation.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.06 | 21.43 | 7.46 | 2.52 |