T. Rowe Price Institutional High Yield Fund (TRHYX) Fund Details & Analysis

Fund Information

Fund Category High Yield Bond

Fund Family T. Rowe Price

Fund Style Large

ISIN US77958B2043

CUSIP 77958B204

Inception Date -

Domicile -

Country USA

Fiscal Year End -

NAV Chart

Fund Metrics

Net Assets $1.41 Billion

Share Class Net Assets $-

Expense Ratio 0.50%

Expense Ratio Date -

Dividend Yield 0.07%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 0.60%

1-Year Return 8.43%

3-Year Return 8.51%

5-Year Return 4.49%

NAV $7.98

Previous Close Price $7.98

Last Update 2025-12-31

Dividend Information

Dividend Yield 0.07%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About T. Rowe Price Institutional High Yield Fund

The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in a widely diversified portfolio of high yield corporate bonds, often called "junk" bonds, as well as income-producing convertible securities and preferred stocks that are rated below investment grade or not rated by any credit rating agency but deemed to be below investment grade.

Detailed Metrics

Market Cap Distribution

AverageMarketCap %

Giant %

Large %

Medium %

Micro %

Small %

Value & Growth Metrics

Book-Value Growth % 2.93%

Cash-Flow Growth % 37.07%

Dividend Yield % 0.00%

Historical Earnings % %

Long-Term Earnings % %

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	91.74%	91.74%	0.00%	96.93%	99.95%
Cash	3.70%	3.70%	0.00%	5.12%	0.00%
Non US Stock	0.15%	0.15%	0.00%	0.08%	0.00%
Not Classified	4.04%	4.04%	0.00%	1.92%	0.05%
Other	0.22%	0.22%	0.00%	0.66%	0.00%
US Stock	0.15%	0.15%	0.00%	0.38%	0.00%

Top Holdings

Name	Weight	Owned	Change
T. Rowe Price Government Reserve Fund \u2013 Collateral	3.05%	-	-
T. Rowe Price Government Reserve Fund	1.58%	-	-
RIVIAN HOLDINGS LLC/RIVIAN LLC/RIVIAN AUTOMOTIVE LLC	0.78%	-	-
UKG INC	0.99%	-	-
VENTURE GLOBAL LNG INC	0.83%	-	-
ASURION LLC	1.23%	-	-
CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP	0.87%	-	-
CLOUD SOFTWARE GROUP INC	1.36%	-	-
HUB INTERNATIONAL LTD	0.79%	-	-
TALEN ENERGY SUPPLY LLC	0.72%	-	-
T. Rowe Price Government Reserve Fund - Collateral	3.02%	-	-
LIFEPOINT HEALTH INC	0.71%	-	-
CARVANA CO	0.73%	-	-

See the full breakdown of TRHYX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	50.29%	4.23%	3.72%	0.00%
Bond Sector	Corporate	50.29%	90.22%	95.67%	100.00%
Bond Sector	Derivative	50.29%	1.47%	0.01%	0.00%
Bond Sector	Government	50.29%	3.00%	0.00%	0.00%
Bond Sector	Municipal	50.29%	0.04%	0.47%	0.00%
Bond Sector	Securitized	50.29%	1.04%	0.13%	0.00%
Cyclical	Basic Materials	0.00%	0.00%	0.00%	0.00%
Cyclical	Consumer Cyclical	0.00%	0.00%	0.00%	0.00%
Cyclical	Financial Services	0.00%	0.00%	0.00%	0.00%
Cyclical	Real Estate	0.00%	0.00%	0.00%	0.00%
Defensive	Consumer Defensive	0.00%	0.00%	0.00%	0.00%
Defensive	Healthcare	49.71%	0.00%	0.00%	0.00%
Defensive	Utilities	50.29%	0.00%	0.00%	0.00%
Sensitive	Communication Services	0.00%	0.00%	0.00%	0.00%
Sensitive	Energy	0.00%	0.00%	0.00%	0.00%
Sensitive	Industrials	0.00%	0.00%	0.00%	0.00%
Sensitive	Technology	0.00%	0.00%	0.00%	0.00%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.20%	-	-
Americas	North America	93.57%	100.00%	-
Greater Asia	Asia Developed	0.18%	-	-
Greater Asia	Asia Emerging	0.27%	-	-
Greater Asia	Australasia	0.01%	-	-
Greater Asia	Japan	0.02%	-	-
Greater Europe	Africa/Middle East	-	-	-
Greater Europe	Europe Developed	5.57%	-	-
Greater Europe	Europe Emerging	0.01%	-	-
Greater Europe	United Kingdom	0.17%	-	-

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-31	$0.046	$0.046	USD	-	-	-	-
2024-11-29	$0.045	$0.045	USD	-	-	-	-
2024-10-30	$0.045	$0.045	USD	-	2024-10-29	2024-10-31	Monthly
2024-09-27	$0.040	$0.040	USD	-	2024-09-26	2024-09-30	Monthly
2024-08-29	$0.048	$0.048	USD	-	2024-08-28	2024-08-30	Monthly
2024-07-30	$0.045	$0.045	USD	-	2024-07-29	2024-07-31	Monthly
2024-06-27	$0.040	$0.040	USD	-	2024-06-26	2024-06-28	Monthly
2024-05-30	$0.048	$0.048	USD	-	2024-05-29	2024-05-31	Monthly
2024-04-29	$0.043	$0.043	USD	-	2024-04-26	2024-04-30	Monthly
2024-03-28	$0.044	$0.044	USD	-	2024-03-27	2024-03-31	Monthly
2024-02-28	$0.041	$0.041	USD	-	2024-02-27	2024-02-29	Monthly
2024-01-30	$0.042	$0.042	USD	-	2024-01-29	2024-01-31	Monthly
2023-12-28	$0.044	$0.044	USD	-	2023-12-27	2023-12-29	Monthly
2023-11-29	$0.043	$0.043	USD	-	2023-11-28	2023-11-30	Monthly
2023-10-30	$0.043	$0.043	USD	-	2023-10-27	2023-10-31	Monthly
2023-09-28	$0.044	$0.044	USD	-	2023-09-27	2023-09-29	Monthly
2023-08-30	$0.044	$0.044	USD	-	2023-08-29	2023-08-31	Monthly
2023-07-28	$0.041	$0.041	USD	-	2023-07-27	2023-07-31	Monthly
2023-06-29	$0.044	$0.044	USD	-	2023-06-28	2023-06-30	Monthly
2023-05-30	$0.044	$0.044	USD	-	2023-05-26	2023-05-31	Monthly
2023-04-27	$0.039	$0.039	USD	-	2023-04-26	2023-04-28	Monthly
2023-03-30	$0.045	$0.045	USD	-	2023-03-29	2023-03-31	Monthly
2023-02-27	$0.038	$0.038	USD	-	2023-02-24	2023-02-28	Monthly
2023-01-30	$0.040	$0.040	USD	-	2023-01-27	2023-01-31	Monthly
2022-12-29	$0.044	$0.044	USD	-	2022-12-28	2022-12-30	Monthly
2022-11-29	$0.051	$0.051	USD	-	2022-11-28	2022-11-30	Monthly
2022-10-28	$0.039	$0.039	USD	-	2022-10-27	2022-10-31	Monthly
2022-09-29	$0.042	$0.042	USD	-	2022-09-28	2022-09-30	Monthly
2022-08-30	$0.040	$0.040	USD	-	2022-08-29	2022-08-31	Monthly
2022-07-28	$0.040	$0.040	USD	-	2022-07-27	2022-07-29	Monthly
2022-06-29	$0.037	$0.037	USD	-	2022-06-28	2022-06-30	Monthly
2022-05-27	$0.039	$0.039	USD	-	2022-05-26	2022-05-31	Monthly
2022-04-28	$0.039	$0.039	USD	-	2022-04-27	2022-04-29	Monthly
2022-03-30	$0.039	$0.039	USD	-	2022-03-29	2022-03-31	Monthly
2022-02-25	$0.035	$0.035	USD	-	2022-02-24	2022-02-28	Monthly
2022-01-28	$0.035	$0.035	USD	-	2022-01-27	2022-01-31	Monthly
2021-12-31	$0.045	$0.045	USD	-	2021-12-30	2022-01-03	Monthly
2021-11-29	$0.039	$0.039	USD	-	2021-11-26	2021-11-30	Monthly
2021-10-28	$0.039	$0.039	USD	-	2021-10-27	2021-10-29	Monthly
2021-09-29	$0.039	$0.039	USD	-	2021-09-28	2021-09-30	Monthly
2021-08-30	$0.037	$0.037	USD	-	2021-08-27	2021-08-31	Monthly
2021-07-29	$0.039	$0.039	USD	-	2021-07-28	2021-07-30	Monthly
2021-06-29	$0.036	$0.036	USD	-	2021-06-28	2021-06-30	Monthly
2021-05-27	$0.038	$0.038	USD	-	2021-05-26	2021-05-28	Monthly
2021-04-30	$0.041	$0.041	USD	-	2021-04-29	2021-04-30	Monthly
2021-03-30	$0.039	$0.039	USD	-	2021-03-29	2021-03-31	Monthly
2021-02-26	$0.036	$0.036	USD	-	2021-02-25	2021-03-01	Monthly
2021-01-29	$0.032	$0.032	USD	-	-	-	-
2021-01-28	$0.022	$0.022	USD	-	2021-01-27	2021-01-29	Monthly
2020-12-30	$0.043	$0.043	USD	-	2020-12-29	2020-12-31	Monthly
2020-11-27	$0.038	$0.038	USD	-	2020-11-25	2020-11-30	Monthly
2020-10-29	$0.041	$0.041	USD	-	2020-10-28	2020-10-30	Monthly
2020-09-29	$0.037	$0.037	USD	-	2020-09-28	2020-09-30	Monthly
2020-08-28	$0.036	$0.036	USD	-	2020-08-27	2020-08-31	Monthly
2020-07-30	$0.039	$0.039	USD	-	2020-07-29	2020-07-31	Monthly
2020-06-29	$0.036	$0.036	USD	-	2020-06-26	2020-06-30	Monthly
2020-05-28	$0.040	$0.040	USD	-	2020-05-27	2020-05-29	Monthly
2020-04-29	$0.039	$0.039	USD	-	2020-04-28	2020-04-30	Monthly
2020-03-30	$0.041	$0.041	USD	-	2020-03-27	2020-03-31	Monthly
2020-02-27	$0.037	$0.037	USD	-	2020-02-26	2020-02-28	Monthly
2020-01-30	$0.041	$0.041	USD	-	2020-01-29	2020-01-31	Monthly
2019-12-30	$0.042	$0.042	USD	-	2019-12-27	2019-12-31	Monthly
2019-11-27	$0.041	$0.041	USD	-	2019-11-26	2019-11-29	Monthly
2019-10-30	$0.042	$0.042	USD	-	2019-10-29	2019-10-31	Monthly
2019-09-27	$0.038	$0.038	USD	-	2019-09-26	2019-09-30	Monthly
2019-08-29	$0.045	$0.045	USD	-	2019-08-28	2019-08-30	Monthly
2019-07-30	$0.042	$0.042	USD	-	2019-07-29	2019-07-31	Monthly
2019-06-28	$0.039	$0.039	USD	-	-	-	-
2019-05-30	$0.046	$0.046	USD	2019-06-03	2019-05-29	2019-05-31	Monthly
2019-04-29	$0.045	$0.045	USD	2019-05-01	2019-04-26	2019-04-30	Monthly
2019-03-28	$0.045	$0.045	USD	2019-04-01	2019-03-27	2019-03-29	Monthly
2019-02-27	$0.041	$0.041	USD	2019-03-01	2019-02-26	2019-02-28	Monthly
2019-01-30	$0.043	$0.043	USD	2019-02-01	2019-01-29	2019-01-31	Monthly
2018-12-28	$0.044	$0.044	USD	2019-01-02	2018-12-27	2018-12-31	Monthly
2018-11-29	$0.048	$0.048	USD	2018-12-04	2018-11-28	2018-11-30	Monthly
2018-10-30	$0.046	$0.046	USD	2018-11-02	2018-10-29	2018-10-31	Monthly
2018-09-28	$0.040	$0.040	USD	-	-	-	-
2018-08-30	$0.050	$0.050	USD	2018-09-05	2018-08-29	2018-08-31	Monthly
2018-07-30	$0.043	$0.043	USD	2018-08-02	2018-07-27	2018-07-31	Monthly
2018-06-29	$0.044	$0.044	USD	-	-	-	-
2018-05-30	$0.046	$0.046	USD	2018-06-02	2018-05-29	2018-05-31	Monthly
2018-04-27	$0.042	$0.042	USD	2018-05-02	2018-04-26	2018-04-30	Monthly
2018-03-29	$0.044	$0.044	USD	-	-	-	-
2018-02-27	$0.042	$0.042	USD	2018-03-02	2018-02-26	2018-02-28	Monthly
2018-01-30	$0.043	$0.043	USD	2018-02-02	2018-01-29	2018-01-31	Monthly
2017-12-29	$0.045	$0.045	USD	-	-	-	-
2017-11-30	$0.042	$0.042	USD	-	-	-	-
2017-10-30	$0.042	$0.042	USD	2017-11-02	2017-10-27	2017-10-31	Monthly
2017-09-29	$0.044	$0.044	USD	-	-	-	-
2017-08-31	$0.043	$0.043	USD	-	-	-	-
2017-07-31	$0.041	$0.041	USD	-	-	-	-
2017-06-30	$0.046	$0.046	USD	-	-	-	-
2017-05-31	$0.043	$0.043	USD	-	-	-	-
2017-04-28	$0.040	$0.040	USD	-	-	-	-
2017-03-31	$0.046	$0.046	USD	-	-	-	-
2017-02-28	$0.043	$0.043	USD	-	-	-	-
2017-01-31	$0.042	$0.042	USD	-	-	-	-
2016-12-30	$0.048	$0.048	USD	-	-	-	-
2016-11-30	$0.045	$0.045	USD	-	-	-	-
2016-10-31	$0.042	$0.042	USD	-	-	-	-
2016-09-30	$0.047	$0.047	USD	-	-	-	-
2016-08-31	$0.045	$0.045	USD	-	-	-	-
2016-07-29	$0.043	$0.043	USD	-	-	-	-
2016-06-30	$0.044	$0.044	USD	-	-	-	-
2016-05-31	$0.044	$0.044	USD	-	-	-	-
2016-04-29	$0.046	$0.046	USD	-	-	-	-
2016-03-31	$0.044	$0.044	USD	-	-	-	-
2016-02-29	$0.046	$0.046	USD	-	-	-	-
2016-01-29	$0.041	$0.041	USD	-	-	-	-
2015-12-31	$0.050	$0.050	USD	-	-	-	-
2015-11-30	$0.043	$0.043	USD	-	-	-	-
2015-10-30	$0.047	$0.047	USD	-	-	-	-
2015-09-30	$0.046	$0.046	USD	-	-	-	-
2015-08-31	$0.045	$0.045	USD	-	-	-	-
2015-07-31	$0.051	$0.051	USD	-	-	-	-
2015-06-30	$0.049	$0.049	USD	-	-	-	-
2015-05-29	$0.048	$0.048	USD	-	-	-	-
2015-04-30	$0.048	$0.048	USD	-	-	-	-
2015-03-31	$0.047	$0.047	USD	-	-	-	-
2015-02-27	$0.047	$0.047	USD	-	-	-	-
2015-01-30	$0.049	$0.049	USD	-	-	-	-
2014-12-31	$0.050	$0.050	USD	-	-	-	-
2014-11-28	$0.047	$0.047	USD	-	-	-	-
2014-10-31	$0.055	$0.055	USD	-	-	-	-
2014-09-30	$0.050	$0.050	USD	-	-	-	-
2014-08-29	$0.051	$0.051	USD	-	-	-	-
2014-07-31	$0.053	$0.053	USD	-	-	-	-
2014-06-30	$0.052	$0.052	USD	-	-	-	-
2014-05-30	$0.052	$0.052	USD	-	-	-	-
2014-04-30	$0.053	$0.053	USD	-	-	-	-
2014-03-31	$0.052	$0.052	USD	-	-	-	-
2014-02-28	$0.051	$0.051	USD	-	-	-	-
2014-01-31	$0.051	$0.051	USD	-	-	-	-
2013-12-31	$0.052	$0.052	USD	-	-	-	-
2013-11-29	$0.052	$0.052	USD	-	-	-	-
2013-10-31	$0.051	$0.051	USD	-	-	-	-
2013-09-30	$0.051	$0.051	USD	-	-	-	-
2013-08-30	$0.052	$0.052	USD	-	-	-	-
2013-07-31	$0.051	$0.051	USD	-	-	-	-
2013-06-28	$0.052	$0.052	USD	-	-	-	-
2013-05-31	$0.053	$0.053	USD	-	-	-	-
2013-04-30	$0.051	$0.051	USD	-	-	-	-
2013-03-28	$0.051	$0.051	USD	-	-	-	-
2013-02-28	$0.052	$0.052	USD	-	-	-	-
2013-01-31	$0.052	$0.052	USD	-	-	-	-
2012-12-31	$0.075	$0.075	USD	-	-	-	-
2012-11-30	$0.055	$0.055	USD	-	-	-	-
2012-10-31	$0.058	$0.058	USD	-	-	-	-
2012-09-28	$0.059	$0.059	USD	-	-	-	-
2012-08-31	$0.057	$0.057	USD	-	-	-	-
2012-07-31	$0.055	$0.055	USD	-	-	-	-
2012-06-29	$0.053	$0.053	USD	-	-	-	-
2012-05-31	$0.057	$0.057	USD	-	-	-	-
2012-04-30	$0.056	$0.056	USD	-	-	-	-
2012-03-30	$0.055	$0.055	USD	-	-	-	-
2012-02-29	$0.054	$0.054	USD	-	-	-	-
2012-01-31	$0.055	$0.055	USD	-	-	-	-
2011-12-30	$0.108	$0.108	USD	-	-	-	-
2011-11-30	$0.061	$0.061	USD	-	-	-	-
2011-10-31	$0.062	$0.062	USD	-	-	-	-
2011-09-30	$0.062	$0.062	USD	-	-	-	-
2011-08-31	$0.063	$0.063	USD	-	-	-	-
2011-07-29	$0.062	$0.062	USD	-	-	-	-
2011-06-30	$0.063	$0.063	USD	-	-	-	-
2011-05-31	$0.063	$0.063	USD	-	-	-	-
2011-04-29	$0.064	$0.064	USD	-	-	-	-
2011-03-31	$0.061	$0.061	USD	-	-	-	-
2011-02-28	$0.059	$0.059	USD	-	-	-	-
2011-01-31	$0.060	$0.060	USD	-	-	-	-
2010-12-31	$0.062	$0.062	USD	-	-	-	-
2010-11-30	$0.065	$0.065	USD	-	-	-	-
2010-10-29	$0.063	$0.063	USD	-	-	-	-
2010-09-30	$0.064	$0.064	USD	-	-	-	-
2010-08-31	$0.065	$0.065	USD	-	-	-	-
2010-07-30	$0.066	$0.066	USD	-	-	-	-
2010-06-30	$0.064	$0.064	USD	-	-	-	-
2010-05-28	$0.063	$0.063	USD	-	-	-	-
2010-04-30	$0.065	$0.065	USD	-	-	-	-
2010-03-31	$0.062	$0.062	USD	-	-	-	-
2010-02-26	$0.061	$0.061	USD	-	-	-	-
2010-01-29	$0.060	$0.060	USD	-	-	-	-
2009-12-31	$0.090	$0.090	USD	-	-	-	-
2009-11-30	$0.056	$0.056	USD	-	-	-	-
2009-10-30	$0.060	$0.060	USD	-	-	-	-
2009-09-30	$0.059	$0.059	USD	-	-	-	-
2009-08-31	$0.055	$0.055	USD	-	-	-	-
2009-07-31	$0.063	$0.063	USD	-	-	-	-
2009-06-30	$0.058	$0.058	USD	-	-	-	-
2009-05-29	$0.056	$0.056	USD	-	-	-	-
2009-04-30	$0.052	$0.052	USD	-	-	-	-
2009-03-31	$0.053	$0.053	USD	-	-	-	-
2009-02-27	$0.053	$0.053	USD	-	-	-	-
2009-01-30	$0.053	$0.053	USD	-	-	-	-
2008-12-31	$0.057	$0.057	USD	-	-	-	-
2008-11-28	$0.053	$0.053	USD	-	-	-	-
2008-10-31	$0.061	$0.061	USD	-	-	-	-
2008-09-30	$0.055	$0.055	USD	-	-	-	-
2008-08-29	$0.060	$0.060	USD	-	-	-	-
2008-07-31	$0.059	$0.059	USD	-	-	-	-
2008-06-30	$0.059	$0.059	USD	-	-	-	-
2008-05-30	$0.062	$0.062	USD	-	-	-	-
2008-04-30	$0.056	$0.056	USD	-	-	-	-
2008-03-31	$0.057	$0.057	USD	-	-	-	-
2008-02-29	$0.067	$0.067	USD	-	-	-	-
2008-01-31	$0.063	$0.063	USD	-	-	-	-
2007-12-31	$0.063	$0.063	USD	-	-	-	-
2007-11-30	$0.068	$0.068	USD	-	-	-	-
2007-10-31	$0.064	$0.064	USD	-	-	-	-
2007-09-28	$0.057	$0.057	USD	-	-	-	-
2007-08-31	$0.073	$0.073	USD	-	-	-	-
2007-07-31	$0.066	$0.066	USD	-	-	-	-
2007-06-29	$0.070	$0.070	USD	-	-	-	-
2007-05-31	$0.069	$0.069	USD	-	-	-	-
2007-04-30	$0.065	$0.065	USD	-	-	-	-
2007-03-30	$0.068	$0.068	USD	-	-	-	-
2007-02-28	$0.064	$0.064	USD	-	-	-	-
2007-01-31	$0.061	$0.061	USD	-	-	-	-
2006-12-29	$0.069	$0.069	USD	-	-	-	-
2006-12-21	$0.030	$0.030	USD	-	2006-12-20	2006-12-29	Monthly
2006-11-30	$0.063	$0.063	USD	-	-	-	-
2006-10-31	$0.063	$0.063	USD	-	-	-	-
2006-09-29	$0.067	$0.067	USD	-	-	-	-
2006-08-31	$0.067	$0.067	USD	-	-	-	-
2006-07-31	$0.061	$0.061	USD	-	-	-	-
2006-06-30	$0.071	$0.071	USD	-	-	-	-
2006-05-31	$0.066	$0.066	USD	-	-	-	-
2006-04-28	$0.061	$0.061	USD	-	-	-	-
2006-03-31	$0.070	$0.070	USD	-	-	-	-
2006-02-28	$0.066	$0.066	USD	-	-	-	-
2006-01-31	$0.063	$0.063	USD	-	-	-	-
2005-12-30	$0.072	$0.072	USD	-	-	-	-
2005-11-30	$0.069	$0.069	USD	-	-	-	-
2005-10-31	$0.065	$0.065	USD	-	-	-	-
2005-09-30	$0.074	$0.074	USD	-	-	-	-
2005-08-31	$0.070	$0.070	USD	-	-	-	-
2005-07-29	$0.069	$0.069	USD	-	-	-	-
2005-06-30	$0.068	$0.068	USD	-	-	-	-
2005-05-31	$0.066	$0.066	USD	-	-	-	-
2005-04-29	$0.072	$0.072	USD	-	-	-	-
2005-03-31	$0.070	$0.070	USD	-	-	-	-
2005-02-28	$0.068	$0.068	USD	-	-	-	-
2005-01-31	$0.065	$0.065	USD	-	-	-	-
2004-12-31	$0.076	$0.076	USD	-	-	-	-
2004-11-30	$0.072	$0.072	USD	-	-	-	-
2004-10-29	$0.072	$0.072	USD	-	-	-	-
2004-09-30	$0.072	$0.072	USD	-	-	-	-
2004-08-31	$0.070	$0.070	USD	-	-	-	-
2004-07-30	$0.075	$0.075	USD	-	-	-	-
2004-06-30	$0.073	$0.073	USD	-	-	-	-
2004-05-28	$0.070	$0.070	USD	-	-	-	-
2004-04-30	$0.080	$0.080	USD	-	-	-	-
2004-03-31	$0.075	$0.075	USD	-	-	-	-
2004-02-27	$0.072	$0.072	USD	-	-	-	-
2004-01-30	$0.074	$0.074	USD	-	-	-	-
2003-12-31	$0.081	$0.081	USD	-	-	-	-
2003-11-28	$0.070	$0.070	USD	-	-	-	-
2003-10-31	$0.080	$0.080	USD	-	-	-	-
2003-09-30	$0.072	$0.072	USD	-	-	-	-
2003-08-29	$0.078	$0.078	USD	-	-	-	-
2003-07-31	$0.076	$0.076	USD	-	-	-	-
2003-06-30	$0.069	$0.069	USD	-	-	-	-
2003-05-30	$0.072	$0.072	USD	-	-	-	-
2003-04-30	$0.076	$0.076	USD	-	-	-	-
2003-04-02	$0.002	$0.002	USD	-	-	-	-
2003-03-31	$0.069	$0.069	USD	-	-	-	-
2003-03-27	$0.003	$0.003	USD	-	-	-	-
2003-03-25	$0.002	$0.002	USD	-	-	-	-
2003-03-24	$0.003	$0.003	USD	-	-	-	-
2003-03-19	$0.002	$0.002	USD	-	-	-	-
2003-03-18	$0.003	$0.003	USD	-	-	-	-
2003-03-13	$0.002	$0.002	USD	-	-	-	-
2003-03-06	$0.003	$0.003	USD	-	-	-	-
2003-03-03	$0.002	$0.002	USD	-	-	-	-
2003-02-28	$0.070	$0.070	USD	-	-	-	-
2003-01-31	$0.077	$0.077	USD	-	-	-	-
2002-12-31	$0.074	$0.074	USD	-	-	-	-
2002-12-30	$0.002	$0.002	USD	-	-	-	-
2002-12-27	$0.003	$0.003	USD	-	-	-	-
2002-12-17	$0.002	$0.002	USD	-	-	-	-
2002-12-05	$0.003	$0.003	USD	-	-	-	-
2002-12-02	$0.002	$0.002	USD	-	-	-	-
2002-11-29	$0.075	$0.075	USD	-	-	-	-
2002-10-07	$0.002	$0.002	USD	-	-	-	-
2002-10-04	$0.003	$0.003	USD	-	-	-	-
2002-10-01	$0.002	$0.002	USD	-	-	-	-
2002-09-30	$0.065	$0.065	USD	-	-	-	-
2002-08-30	$0.072	$0.072	USD	-	-	-	-
2002-07-31	$0.068	$0.068	USD	-	-	-	-
2002-07-18	$0.002	$0.002	USD	-	-	-	-

T. Rowe Price Institutional High Yield Fund NMFQS:TRHYX