C000144521 Performance — T. Rowe Price Intermediate Tax-Free High Yield Fund, Advisor Class
Data updated: 2026-07-28
C000144521 returned +2.33% over one year to Sep 2023. The annualised 3-year return is −1.02%. The fund trailed its High Yield Bond category average: $100 invested three years ago grew to $97, against $104 for the category, and to $102 over one year, against $109. Volatility over the past three years was 5.04% a year. In the 12 months to May 2026 the fund took in a net $83.6M, and assets reached $198.70M.
C000144521 Growth of $100
What $100 invested in T. Rowe Price Intermediate Tax-Free High Yield Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the High Yield Bond category average over the same months.
| Period | C000144521 | Category average |
|---|---|---|
| 1 year (Oct 2022 – Sep 2023) | $102 | $109 |
| 3 years (Oct 2020 – Sep 2023) | $97 | $104 |
| Since data start (Sep 2019 – Sep 2023) | $97 | $106 |
C000144521 Trailing Returns
Total returns to Sep 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +2.33% |
| 3 years (annualised) | −1.02% |
C000144521 Annual Returns
Calendar-year total returns of T. Rowe Price Intermediate Tax-Free High Yield Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Sep) | +0.03% |
| 2022 | −9.17% |
| 2021 | +4.38% |
| 2020 | +2.13% |
| 2019 (Sep–Dec) | +0.20% |
C000144521 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +2.4% | −1.5% | +1.2% | −0.3% | −0.2% | +0.4% | +0.3% | −0.6% | −1.5% | — | — | — |
| 2022 | −1.9% | −0.8% | −2.9% | −2.3% | +0.8% | −1.8% | +2.4% | −1.5% | −3.5% | −0.8% | +2.9% | +0.2% |
| 2021 | +1.2% | −0.8% | +0.6% | +1.1% | +0.7% | +0.9% | +0.8% | −0.3% | −0.6% | −0.3% | +0.8% | +0.2% |
| 2020 | +1.3% | +0.9% | −6.5% | −1.9% | +2.3% | +2.1% | +1.5% | +0.1% | +0.2% | −0.4% | +1.4% | +1.2% |
| 2019 | — | — | — | — | — | — | — | — | −0.4% | 0.0% | +0.2% | +0.3% |
C000144521 Risk
Risk measures from monthly returns over Oct 2020 – Sep 2023.
- 3-year volatility (annualised): 5.04%
- 3-year Sharpe ratio: -1.09 (vs 4.5% risk-free rate)
- Best month: +2.94% (Nov 2022)
- Worst month: −3.55% (Sep 2022)
C000144521 Fund Flows
Monthly money in and out of T. Rowe Price Intermediate Tax-Free High Yield Fund, from SEC Form N-PORT.
- 12-month net flow: $83.6M
- 12-month gross sales (incl. reinvestments): $127.6M
- Sales ÷ redemptions: 2.90×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $8.4M | $3.3M | $5.1M |
| Apr 2026 | $10.2M | $4.7M | $5.5M |
| Mar 2026 | $15.4M | $7.6M | $7.7M |
| Feb 2026 | $13.3M | $2.1M | $11.2M |
| Jan 2026 | $13.2M | $3.1M | $10.1M |
| Dec 2025 | $9.9M | $4.6M | $5.2M |
| Nov 2025 | $5.3M | $4.9M | $395K |
| Oct 2025 | $15.1M | $3.4M | $11.7M |
| Sep 2025 | $10.7M | $3.2M | $7.5M |
| Aug 2025 | $10.8M | $1.7M | $9.1M |
| Jul 2025 | $8.4M | $2.8M | $5.7M |
| Jun 2025 | $6.9M | $2.6M | $4.3M |
C000144521 Assets Under Management
Net assets of T. Rowe Price Intermediate Tax-Free High Yield Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $198.70M |
| 2026-02-28 | $182.42M |
| 2025-11-30 | $153.05M |
| 2025-08-31 | $130.68M |
| 2025-05-31 | $110.42M |
| 2025-02-28 | $113.11M |
| 2024-11-30 | $104.88M |
| 2024-08-31 | $100.95M |
| 2024-05-31 | $92.24M |
| 2024-02-29 | $92.06M |
| 2023-11-30 | $82.50M |
| 2023-08-31 | $76.66M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.