PRCPX Performance — T. Rowe Price Credit Opportunities Fund, Inc.
Data updated: 2026-08-12
PRCPX returned +1.90% year to date and +7.57% over one year to May 2026. Annualised returns are +9.46% over 3 years and +4.92% over 5 years. The fund beat its Short-Term Corporate Bond category average: $100 invested three years ago grew to $131, against $122 for the category, and to $108 over one year, against $106. Volatility over the past three years was 3.98% a year. In the 12 months to May 2026 the fund took in a net $107.5M, and assets reached $393.88M.
PRCPX Growth of $100
What $100 invested in T. Rowe Price Credit Opportunities Fund, Inc. grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Corporate Bond category average over the same months.
| Period | PRCPX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $108 | $106 |
| 3 years (Jun 2023 – May 2026) | $131 | $122 |
| 5 years (Jun 2021 – May 2026) | $127 | $117 |
| Since data start (Sep 2019 – May 2026) | $141 | $127 |
PRCPX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.90% |
| 1 year | +7.57% |
| 3 years (annualised) | +9.46% |
| 5 years (annualised) | +4.92% |
PRCPX Annual Returns
Calendar-year total returns of T. Rowe Price Credit Opportunities Fund, Inc., compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.90% |
| 2025 | +8.83% |
| 2024 | +7.40% |
| 2023 | +13.61% |
| 2022 | −9.09% |
| 2021 | +6.32% |
| 2020 | +5.53% |
| 2019 (Sep–Dec) | +2.41% |
PRCPX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.4% | 0.0% | −0.6% | +1.7% | +0.3% | — | — | — | — | — | — | — |
| 2025 | +1.4% | +0.5% | −1.1% | −0.1% | +2.3% | +1.7% | +0.6% | +1.1% | +0.7% | 0.0% | +0.4% | +1.0% |
| 2024 | +0.2% | +0.2% | +0.9% | −0.7% | +1.2% | +0.9% | +1.6% | +1.3% | +1.2% | −0.4% | +1.2% | −0.3% |
| 2023 | +4.0% | −0.8% | +0.3% | +0.8% | −1.1% | +2.1% | +1.5% | +0.6% | −0.6% | −1.4% | +4.2% | +3.3% |
| 2022 | −1.9% | −0.5% | −0.8% | −2.8% | −0.8% | −6.1% | +5.3% | −1.7% | −4.1% | +2.5% | +2.1% | −0.3% |
| 2021 | +0.5% | +0.4% | +0.4% | +1.2% | +0.3% | +1.2% | +0.4% | +0.5% | +0.1% | +0.3% | −1.0% | +1.9% |
| 2020 | +0.1% | −2.2% | −12.1% | +6.0% | +5.0% | +0.2% | +4.3% | +0.7% | −1.1% | +0.4% | +3.7% | +1.7% |
| 2019 | — | — | — | — | — | — | — | — | +0.4% | +0.2% | +0.3% | +1.5% |
PRCPX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 3.98%
- 3-year Sharpe ratio: 1.25 (vs 4.5% risk-free rate)
- Best month: +4.23% (Nov 2023)
- Worst month: −1.36% (Oct 2023)
PRCPX Fund Flows
Monthly money in and out of T. Rowe Price Credit Opportunities Fund, Inc., from SEC Form N-PORT.
- 12-month net flow: $107.5M
- 12-month gross sales (incl. reinvestments): $220.9M
- Sales ÷ redemptions: 1.95×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $18.8M | $10.4M | $8.4M |
| Apr 2026 | $18.7M | $8.8M | $9.9M |
| Mar 2026 | $12.1M | $15.3M | −$3.2M |
| Feb 2026 | $23.6M | $11.0M | $12.6M |
| Jan 2026 | $28.4M | $10.3M | $18.1M |
| Dec 2025 | $24.3M | $9.3M | $15.0M |
| Nov 2025 | $18.9M | $11.9M | $7.0M |
| Oct 2025 | $14.4M | $8.6M | $5.8M |
| Sep 2025 | $19.7M | $7.3M | $12.4M |
| Aug 2025 | $14.7M | $7.4M | $7.3M |
| Jul 2025 | $14.6M | $6.8M | $7.9M |
| Jun 2025 | $12.8M | $6.4M | $6.4M |
PRCPX Assets Under Management
Net assets of T. Rowe Price Credit Opportunities Fund, Inc. by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $393.88M |
| 2026-02-28 | $379.79M |
| 2025-11-30 | $335.09M |
| 2025-08-31 | $311.77M |
| 2025-05-31 | $285.65M |
| 2025-02-28 | $283.71M |
| 2024-11-30 | $231.31M |
| 2024-08-31 | $205.86M |
| 2024-05-31 | $185.55M |
| 2024-02-29 | $162.50M |
| 2023-11-30 | $129.61M |
| 2023-08-31 | $109.76M |
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.