What is T. Rowe Price High Yield Municipal Bond Fund (PRFHX)?

T. Rowe Price High Yield Municipal Bond Fund (PRFHX) is a stock in the Financial Services sector, Asset Management - Bonds industry. View full analysis on Stocks360.

What is the current price of PRFHX?

The current price of PRFHX is $10.75. Prices are updated in real time on Stocks360.

What is PRFHX's market capitalization?

PRFHX's market capitalization is $3,480,176,631.00, placing it in the mid-cap tier.

T. Rowe Price High Yield Municipal Bond Fund (PRFHX)

Stock analysis · NASDAQ · Financial Services · Asset Management - Bonds

$10.75

Market Cap

$3.48B

PE (TTM)

N/A

EPS (TTM)

N/A

Dividend Yield

N/A

Beta

1.10

Day Range

$10.73 – $10.75

52-wk Range

$10.40 – $11.31

Avg Volume

N/A

Volume

0.00

T. Rowe Price High Yield Municipal Bond Fund (PRFHX) is a publicly traded company in the Financial Services sector. Latest price: $10.75. Market cap $3.48B. Sign in to Stocks360 for full DCF valuation, fundamentals, technicals, and AI-driven analysis.

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1-Year Price

2025-10-30 · $11.13 2026-10-29 · $10.75 (-3.41%)

Proprietary Signals

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About T. Rowe Price High Yield Municipal Bond Fund

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. However, investors should be aware that up to 20% of the income might be derived from securities subject to the Alternative Minimum Tax. The strategy generally involves seeking municipal bonds that offer higher yields, including those categorized as "non-investment grade" (rated BB or lower by a major credit rating firm or by T. Rowe Price), which are commonly known as "junk" bonds.