PR Newswire
BALTIMORE, May 30, 2017
BALTIMORE, May 30, 2017 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today announced the launch of the T. Rowe Price U.S. High Yield Fund (Investor Class ticker: TUHYX). The fund, which focuses on total return through investments in U.S. high yield bonds, is the result of the firm's acquisition of the Henderson High Yield Opportunities Fund (Class I ticker: HYOIX) from Henderson Global Investors (North America) Inc., which was originally announced in late February 2017.
T. ROWE PRICE U.S. HIGH YIELD FUND DETAILS
Download a prospectus or obtain one by calling 1-800-541-8803. The prospectus includes investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing.
All funds are subject to market risk, including the possible loss of principal.
T. Rowe Price Investment Services, Inc., distributor, T. Rowe Price mutual funds
QUOTES
Ted Wiese, head of fixed income for T. Rowe Price:
Kevin Loome, portfolio manager, T. Rowe Price U.S. High Yield Fund:
ABOUT T. ROWE PRICE
Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. (troweprice.com) is a global investment management organization with $861.6 billion in assets under management as of March 31, 2017. The organization provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. The company also offers sophisticated investment planning and guidance tools. T. Rowe Price's disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research.
For more information, visit troweprice.com or our Twitter, YouTube, LinkedIn, and Facebook sites.
Investors should consider the investment objectives, risks, fees, and expenses of any T. Rowe Price fund before investing. This and other information is available in the fund's prospectus and summary prospectus which should be read carefully before investing and are available at www.troweprice.com
All investments are subject to risk, including the possible loss of principal. Fixed-income securities are subject to credit risk, liquidity risk, call risk, and interest-rate risk. As interest rates rise, bond prices generally fall. Investments in high-yield ("junk") bonds involve greater risk of price volatility, illiquidity, and default than higher-rated debt securities.
T. Rowe Price mutual funds are distributed by T. Rowe Price Investment Services, Inc.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/t-rowe-price-launches-us-high-yield-fixed-income-fund-300465517.html
SOURCE T. Rowe Price Group, Inc.
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