PTYIX
T. Rowe Price Tax-Free High Yield Fund
T. ROWE PRICE TAX-FREE HIGH YIELD FUND, INC.

Portfolio concentration

As of February 28, 2026 · N-PORT
Holdings
1028
Top-10 weight
9.02%
Effective holdings ?
383
Crowding ?
40.6

Holdings

As of February 28, 2026 · N-PORT
#SecurityTickerSharesValue% of fund
1 PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000 PRCGEN 166,265,000 $59.50M 1.71%
2 OH BUCGEN 5 06/01/2055 BUCGEN 71,485,000 $59.03M 1.70%
3 PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000 PRCGEN 37,307,000 $36.54M 1.05%
4 STATE OF ILLINOIS MCCORMICK PLACE EXPANSION PROJECT FUND NATL 0.0% 12-15-33 46,130,000 $36.22M 1.04%
5 GOLDEN ST TOBACCO SECURITIZATI REGD ZCP OID B/E 0.00000000 GLDGEN 268,725,000 $28.65M 0.82%
6 Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022 PRC 32,398,491 $20.01M 0.58%
7 California (State of) Community Housing Agency (Stonridge Apartments), Series 2021 A, RB 23,060,000 $18.41M 0.53%
8 WI PUBTRN 5.75 06/30/2060 PUBTRN 17,315,000 $18.13M 0.52%
9 TUSCLSA AL GOZ 5.25% 5/1/2044 TUSDEV 17,450,000 $17.68M 0.51%
10 Puerto Rico, General Obligation Bonds, Clawback Highway Transportation Authority Claims Taxable Series 2022 PRC 24,942,698 $17.27M 0.50%
11 CITY OF BALTIMORE MD 17,045,000 $16.95M 0.49%
12 Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022 PRC 24,666,436 $16.83M 0.48%
13 MD HEFA 5.50% 1/1/2046 MDSMED 16,365,000 $16.51M 0.48%
14 WI PUBFIN 4 08/01/2035 PUBFIN 16,170,000 $16.17M 0.47%
15 SIGNIA HOTEL MANAGEMENT LLC 5.0% 01-01-54 GLSFAC 16,215,000 $15.61M 0.45%
16 RESTRUCTURED-SER A1 PRC 15,967,277 $15.48M 0.45%
17 OH ST AIR QUALI 5% 7/1/2049 16,000,000 $14.90M 0.43%
18 California Community Housing Agency, Series 2021 A 22,370,000 $14.67M 0.42%
19 SALT VERDE FINL. CO 5.00% SLTPWR 12,970,000 $14.45M 0.42%
20 District of Columbia Tobacco Settlement Financing Corp., Series 2006 A, RB 58,985,000 $14.18M 0.41%
21 MD MDSDEV 5.25 06/30/2055 MDSDEV 13,765,000 $13.79M 0.40%
22 TX PRIVATE ACTIVITY TXSTRN 13,150,000 $13.65M 0.39%
23 BERKS PA MUN AU 3% 6/30/2044 BERFAC 18,301,000 $13.56M 0.39%
24 San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2025 A, RB 12,000,000 $12.91M 0.37%
25 WI PUBTRN 6.5 12/31/2065 PUBTRN 11,525,000 $12.81M 0.37%
26 CUYAHOGA HOSP 5.5% 2/15/2057 12,900,000 $12.70M 0.37%
27 CALIFORNIA COMMUNITY HOUSING AGENCY VERDANT AT GREEN VALLEY APARTMENTS 5.0% 08-01-49 CCHHSG 13,510,000 $12.69M 0.37%
28 Massachusetts Development Finance Agency 12,500,000 $12.50M 0.36%
29 NY TRANS CORP 5% 8/1/2031 AMT 12,445,000 $12.46M 0.36%
30 SHEFA SCHOOL 5.0% 06-15-51 13,110,000 $12.37M 0.36%
31 CITY OF ATLANTA GA WESTSIDE TAX ALLOCATION DISTRICT GULCH AREA 0.0% 12-15-48 13,542,000 $12.33M 0.36%
32 ST LOUIS MO SP 5.125% 9/1/2048 12,270,000 $12.31M 0.35%
33 New Hampshire (State of) Business Finance Authority (Thomas Ranch), Series 2024, RB 21,875,000 $12.15M 0.35%
34 Aurora Crossroads Metropolitan District 2, Colorado, Limited Tax General Obligation Bonds, Series 2025A-3 12,000,000 $12.01M 0.35%
35 County of Calhoun Hospital Finance Authority, Michigan, Hospital Revenue Bonds, Oaklawn Hospital, Refunding Series 2016 CALMED 12,580,000 $11.94M 0.34%
36 MET WASHINGTON DC ARPTS AUTH DULLES TOLL ROAD REVENUE METAPT 11,080,000 $11.83M 0.34%
37 RESTRUCTURED-SER A1 PRC 11,792,073 $11.81M 0.34%
38 COLORADO EDUCTNL & CULTURAL AUTH REVENUE 11,135,000 $11.80M 0.34%
39 ST LOUIS MO LD 5.375% 6/1/2043 11,595,000 $11.64M 0.34%
40 CHICAGO ILL BRD ED CAP APPREC-SCH REFORM-B-1 FGIC 12,290,000 $11.61M 0.33%
41 PENNSYLVANIA ST ECON DEV FING REGD B/E AMT 5.75000000 PASDEV 10,865,000 $11.49M 0.33%
42 California (State of) Community Choice Financing Authority (Green Bonds), Series 2023, RB CCEDEV 10,715,000 $11.40M 0.33%
43 Public Authority for Colorado Energy, Series 2008, RB PUBUTL 9,210,000 $11.40M 0.33%
44 BLACK BELT ENERGY GAS VAR BBEUTL 10,610,000 $11.35M 0.33%
45 Cleveland-Cuyahoga County Port Authority, Series 2018 CLETRN 11,205,000 $11.24M 0.32%
46 RESTRUCTURED-SER A1 PRC 10,974,949 $11.23M 0.32%
47 KY KYSDEV 5.25 06/01/2050 KYSDEV 11,165,000 $11.16M 0.32%
48 SKY HARBOUR CAPITAL LLC OBLIGATED GROUP 4.25% 07-01-54 PUBFAC 12,930,000 $11.05M 0.32%
49 UNITED STATES STEEL CORP 4.125% 12-01-26 10,935,000 $10.98M 0.32%
50 VIRGIN ISLANDS HOTEL DEV FING REGD OID B/E 6.00000000 10,750,000 $10.79M 0.31%
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