Morningstar

T. Rowe Price Credit Opportunities I TCRRX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 8.05  /  +0.14 %
  • Total Assets 217.6 Mil
  • Adj. Expense Ratio
    0.560%
  • Expense Ratio 0.560%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield 7.15%
  • Effective Duration 2.92 years

USD | NAV as of Oct 02, 2024 | 1-Day Return as of Oct 02, 2024, 10:28 PM GMT+0

Morningstar’s Analysis TCRRX

Will TCRRX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TCRRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the TCRRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of TCRRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin T. Rowe Price Credit Opportunities I's Morningstar Medalist Rating of Gold.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings TCRRX

More TCRRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

T. Rowe Price Gov. Reserve

3.75 7.8 Mil
Cash and Equivalents

Vistra Corp 8.875%

2.89 6.0 Mil
Corporate

Talen Energy Supply LLC 8.625%

2.39 5.0 Mil
Corporate

Cash Offsets For Shorts & Derivatives

1.48 3.1 Mil
Cash and Equivalents

Truist Insurance Holdings LLC & Panther Co-Issuer Inc. 7.125%

1.35 2.8 Mil
Corporate

Vistra Corp 8%

1.34 2.8 Mil
Corporate

Service Properties Trust 8.625%

1.21 2.5 Mil
Corporate

Rivian Holdings Llc / Rivian Llc / Rivian Automotive Llc 11.35947%

1.21 2.5 Mil
Corporate

Jones Deslauriers Insurance Management Inc. 10.5%

1.20 2.5 Mil
Corporate

Medline Borrower LLP / Medline Co-Issuer Inc. 6.25%

1.19 2.5 Mil
Corporate

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