TCRRX Fees and Costs — T. Rowe Price Credit Opportunities Fund, Inc., I Class
Data updated: 2026-08-12
The net expense ratio is 0.56%: a 0.55% management fee plus 0.16% other expenses, less a 0.15% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $2K in broker commissions, 0.0007% of average net assets, and portfolio turnover was 37%.
TCRRX Fees and Expenses
Annual operating expenses and sales charges of TCRRX. Prospectus, as of July 27, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.71% |
| Fee waiver | −0.15% |
| Net expense ratio | 0.56% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
TCRRX Costs Over Time
On $10,000 invested in TCRRX, assuming 5% a year before costs, total costs come to $354 over 5 years, cutting the return by 0.59% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.56%) | $59 | $184 | $321 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $59 | $194 | $354 |
| Value after costs | $10,441 | $11,383 | $12,409 |
| Impact on return, per year | 0.59% | 0.59% | 0.59% |
TCRRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0007%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $277.3M
- Portfolio turnover (prospectus): 37%
- Securities on loan, average value: $8.9M
- Net income from securities lending: $43K (0.013% of average net assets)
TCRRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $1K | 42.46% |
| Virtu ITG Hong Kong Limited | $1K | 41.29% |
| THE TORONTO-DOMINION BANK | $219 | 8.85% |
| JEFFERIES LLC | $155 | 6.26% |
| MORGAN STANLEY & CO. LLC | $21 | 0.85% |
| TP ICAP MARKETS LIMITED | $5 | 0.20% |
| LUMINEX TRADING & ANALYTICS LLC | $2 | 0.08% |
TCRRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $38.6M | 20.21% |
| J.P. MORGAN SECURITIES LLC | $28.5M | 14.93% |
| Citigroup Inc. | $22.3M | 11.67% |
| MORGAN STANLEY & CO. LLC | $21.2M | 11.09% |
| BARCLAYS CAPITAL INC. | $18.1M | 9.47% |
| GOLDMAN SACHS & CO. LLC | $17.4M | 9.12% |
| RBC Capital Markets, LLC | $17.3M | 9.06% |
| WELLS FARGO SECURITIES, LLC | $10.1M | 5.26% |
| Loop Capital Markets LLC | $9.0M | 4.71% |
| UBS AG | $8.6M | 4.48% |
T. Rowe Price Credit Opportunities Fund, Inc. Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TCRRX | I Class | 0.56% | — |
| PRCPX | T. Rowe Price Credit Opportunities Fund, Inc. | 0.81% | — |
| PAOPX | Advisor Class | 0.91% | — |
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.