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PRFHX Stock Price, Chart, Stats & News
T. Rowe Price Tax-Free High Yield Fund
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T. Rowe Price Tax-Free High Yield Fund (PRFHX) is a dividend-paying stock with a current dividend yield of 7.84% as of Jul 21, 2026. It pays $0.8786 per share over the trailing twelve months. Its dividend has grown at a 3.05% 5-year compound annual rate.
Dividend safety
Moderate
Dividend coverage is moderate for PRFHX — worth a closer look at the full safety breakdown.
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About
This fund aims to generate a substantial level of income that is exempt from federal income taxes. It achieves this primarily through investments in long-term municipal bonds with credit ratings ranging from lower to upper-medium grade. Typically, a minimum of 80% of the income distributed by the fund will qualify for federal tax exemption.
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