(THYF) T. Rowe Price - Overview
Etf: High Yield Bonds, U.S. Instruments, Foreign Debt
Dividends
| Dividend Yield | 6.59% |
| Yield on Cost 5y | 8.77% |
| Yield CAGR 5y | 70.47% |
| Payout Consistency | 85.3% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 3.22% |
| Relative Tail Risk | -8.77% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.54 |
| Alpha | 0.01 |
| Character TTM | |
|---|---|
| Beta | 0.223 |
| Beta Downside | 0.243 |
| Drawdowns 3y | |
|---|---|
| Max DD | 5.07% |
| CAGR/Max DD | 1.69 |
Description: THYF T. Rowe Price December 29, 2025
The T. Rowe Price U.S. High Yield ETF (NYSE ARCA: THYF) is mandated to allocate at least 80 % of its net assets-plus any investment-purpose borrowings-to U.S. high-yield debt, primarily issued in U.S. dollars. Up to 20 % of the portfolio may be placed in foreign-currency-denominated instruments, though the bulk of holdings remain U.S. dollar-based.
As of the most recent quarter (Q3 2024), the fund carries an expense ratio of 0.20 % and reports a weighted-average maturity of roughly 5.6 years, positioning it in the intermediate-duration segment of the high-yield market. Its distribution yield sits near 6.8 % and the portfolio’s average credit rating is around BB-, reflecting exposure to lower-investment-grade issuers. Key macro drivers include U.S. corporate high-yield spread levels (which have widened ~45 bps since early 2024), Federal Reserve policy stance on interest rates, and sector concentration in energy and industrials, which together account for roughly 30 % of assets.
For a deeper, data-driven assessment of THYF’s risk-adjusted performance and how it fits into a broader credit-cycle strategy, you might explore the analytics on ValueRay.
What is the price of THYF shares?
Over the past week, the price has changed by +0.11%, over one month by +0.50%, over three months by +2.12% and over the past year by +7.06%.
Is THYF a buy, sell or hold?
What are the forecasts/targets for the THYF price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 61.2 | 16.9% |
THYF Fundamental Data Overview February 03, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 788.9m USD (788.9m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 788.9m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 788.9m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.74% (E(788.9m)/V(788.9m) * Re(6.74%) + (debt-free company))
Discount Rate = 6.74% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)