PTYIX — T. Rowe Price Tax-Free High Yield Fund
Data updated: 2026-07-28
PTYIX — T. Rowe Price Tax-Free High Yield Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Corporate Bond · $3.62B AUM · 0.50% expense ratio · 9.1% 1-yr return. From SEC regulatory filings.
PTYIX Fund Overview
PTYIX — T. Rowe Price Tax-Free High Yield Fund is a US mutual fund managed by T. Rowe Price Tax-Free High Yield Fund, Inc., categorised as Long Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: T. Rowe Price Tax-Free High Yield Fund, Inc.
- Category: Long Corporate Bond
- Assets under management: $3.62B
- 1-year return: 9.1%
- Ticker: PTYIX
- SEC CIK: 0000758003
- SEC series ID: S000002162
- Share class ID: C000177208
PTYIX Holdings
Top 10 holdings of T. Rowe Price Tax-Free High Yield Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Pr Sales Tax Fing Sales Tax Rev Ser A1 | 1.67% |
| Buckeye Oh Tob Stlmt Sr B-2 Cl 2 | 1.58% |
| Pr Sales Tax Fing Sales Tax Rev Ser A1 | 1.08% |
| Met Pier Expo Mccormick A | 0.98% |
| Golden St Tobacco Sec Tobacco Sub Sr B-2 | 0.74% |
| Tob Settle Fing Corp. Nj Ser B | 0.59% |
| Pr Comwlth Subser Prifa Rum Txbl | 0.56% |
| Ca Cmnty Hsg Stoneridge Apts Ser A 144a | 0.50% |
| Pub Fin Auth-Amt Amt | 0.50% |
| Pr Comwlth Cvi-Subser Cw Hta 98 Txbl | 0.48% |
PTYIX Portfolio Allocation
Asset-class allocation of T. Rowe Price Tax-Free High Yield Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 99.0% |
| Securitized | 0.1% |
PTYIX Performance
Total returns for PTYIX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.9% |
| 1 year | 9.1% |
| 3 years (annualised) | 5.8% |
| 5 years (annualised) | 1.5% |
PTYIX Risk Information
Risk metrics for PTYIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.6%
PTYIX Costs and Fees
PTYIX costs about $50 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.50%
- Gross expense ratio: 0.50%
- Portfolio turnover: 19%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
PTYIX Cashflows
Over the 12 months to 2026-02, T. Rowe Price Tax-Free High Yield Fund had net outflows of $56.03M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $21.58M |
| 2026-01 | $6.07M |
| 2025-12 | $34.67M |
| 2025-11 | $11.53M |
| 2025-10 | $17.78M |
| 2025-09 | −$2.55M |
PTYIX Debt Constituents
Largest debt holdings of T. Rowe Price Tax-Free High Yield Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Pr Sales Tax Fing Sales Tax Rev Ser A1 | 1.67% |
| Buckeye Oh Tob Stlmt Sr B-2 Cl 2 | 1.58% |
| Pr Sales Tax Fing Sales Tax Rev Ser A1 | 1.08% |
| Met Pier Expo Mccormick A | 0.98% |
| Golden St Tobacco Sec Tobacco Sub Sr B-2 | 0.74% |
| Tob Settle Fing Corp. Nj Ser B | 0.59% |
| Pr Comwlth Subser Prifa Rum Txbl | 0.56% |
| Ca Cmnty Hsg Stoneridge Apts Ser A 144a | 0.50% |
| Pub Fin Auth-Amt Amt | 0.50% |
| Pr Comwlth Cvi-Subser Cw Hta 98 Txbl | 0.48% |
PTYIX Prospectus and SEC Filings
Official T. Rowe Price Tax-Free High Yield Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.