PRCPX Alternatives & Similar Mutual Funds

T. Rowe Price Credit Opportunities Fund (PRCPX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PRCPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to PRCPX

PRCPX charges 0.81% annually. There are 93 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
FHYSX	Federated Hermes High-Yield Strategy Portfolio	0.02%	—	Dec 2008	PRCPX vs FHYSX
VWEAX	Vanguard High-Yield Corporate Fund Admiral Shares	0.12%	25.80B	Nov 2001	PRCPX vs VWEAX
PIAMX	PIA High Yield (MACS) Fund	0.20%	—	Dec 2017	PRCPX vs PIAMX
VWEHX	Vanguard High-Yield Corporate Fund Investor Shares	0.22%	25.80B	Dec 1978	PRCPX vs VWEHX
CRDOX	Six Circles Credit Opportunities Fund	0.29%	—	Nov 2020	PRCPX vs CRDOX

Best Risk-Adjusted Alternatives to PRCPX

PRCPX has a PortfoliosLab risk / return rank of 85. There are 48 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
XILSX	Pioneer ILS Interval Fund	100	—	Dec 2014	PRCPX vs XILSX
CCLFX	Cliffwater Corporate Lending Fund	100	—	Mar 2019	PRCPX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	100	—	Sep 2010	PRCPX vs RPHIX
CWFIX	Chartwell Short Duration High Yield Fund	97	—	Jul 2014	PRCPX vs CWFIX
PSHNX	Penn Capital Short Duration High Income Fund	97	—	Jul 2017	PRCPX vs PSHNX

Top Performing PRCPX Alternatives (YTD)

PRCPX is at 2.46% YTD. There are 46 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 9.42%.

Symbol	Name	YTD Return	AUM	Inception
XILSX	Pioneer ILS Interval Fund	9.42%	—	Dec 2014	PRCPX vs XILSX
FOCIX	Fairholme Focused Income Fund	8.79%	—	Dec 2009	PRCPX vs FOCIX
FAGIX	Fidelity Capital & Income Fund	7.46%	—	Nov 1977	PRCPX vs FAGIX
FIQTX	Fidelity Advisor High Income Advantage Fund Class ...	6.76%	—	Oct 2018	PRCPX vs FIQTX
FAHCX	Fidelity Advisor High Income Advantage Fund Class ...	6.70%	—	Jul 1995	PRCPX vs FAHCX

Lowest Volatility Alternatives to PRCPX

PRCPX has 3.17% 1-year volatility. There are 83 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.85%.

Symbol	Name	Volatility 1Y	AUM	Inception
CCLFX	Cliffwater Corporate Lending Fund	0.85%	—	Mar 2019	PRCPX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	0.85%	—	Sep 2010	PRCPX vs RPHIX
CWFIX	Chartwell Short Duration High Yield Fund	1.50%	—	Jul 2014	PRCPX vs CWFIX
SCFIX	Shenkman Capital Short Duration High Income Fund	1.63%	—	Oct 2012	PRCPX vs SCFIX
OSTIX	Osterweis Strategic Income Fund	1.70%	—	Aug 2002	PRCPX vs OSTIX

Lowest Drawdown Alternatives to PRCPX

PRCPX has a 1-year max drawdown of -1.99%. There are 35 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
RPHIX	RiverPark Short Term High Yield Fund	-0.10%	—	Sep 2010	PRCPX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund	-0.19%	—	Mar 2019	PRCPX vs CCLFX
XILSX	Pioneer ILS Interval Fund	-0.21%	—	Dec 2014	PRCPX vs XILSX
MDHVX	MainStay MacKay Short Duration High Yield Fund	-1.06%	—	Dec 2012	PRCPX vs MDHVX
SCFIX	Shenkman Capital Short Duration High Income Fund	-1.11%	—	Oct 2012	PRCPX vs SCFIX

Other Mutual Funds from T. Rowe Price

The 10 most viewed T. Rowe Price mutual funds shown here include TRBCX, PRWCX, PRDGX and span 6 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TRBCX	T. Rowe Price Blue Chip Growth Fund	Large Cap Growth Equities	11	1.49%	—	Jun 1993	PRCPX vs TRBCX
PRWCX	T. Rowe Price Capital Appreciation Fund	Diversified Portfolio	54	7.50%	—	Jun 1986	PRCPX vs PRWCX
PRDGX	T. Rowe Price Dividend Growth Fund, Inc.	Large Cap Blend Equities, Dividend	61	10.60%	—	Dec 1992	PRCPX vs PRDGX
PRCOX	T. Rowe Price U.S. Equity Research Fund	Large Cap Blend Equities	61	11.44%	—	Nov 1994	PRCPX vs PRCOX
TBCIX	T. Rowe Price Blue Chip Growth Fund I Class	Large Cap Growth Equities	12	1.57%	—	—	PRCPX vs TBCIX
PRWAX	T. Rowe Price All-Cap Opportunities Fund	Large Cap Growth Equities	12	1.24%	—	Sep 1985	PRCPX vs PRWAX
PREIX	T. Rowe Price Equity Index 500 Fund	Large Cap Blend Equities	64	11.23%	—	Mar 1990	PRCPX vs PREIX
TRLGX	T. Rowe Price Large-Cap Growth Fund	Large Cap Growth Equities	13	3.52%	—	Oct 2001	PRCPX vs TRLGX
PRSCX	T. Rowe Price Science And Technology Fund	Technology Equities	56	26.30%	—	Sep 1987	PRCPX vs PRSCX
TRRJX	T. Rowe Price Retirement 2035 Fund	Target Retirement Date	28	9.15%	—	Feb 2004	PRCPX vs TRRJX

Often Compared With PRCPX

Investors most often compare PRCPX with TUHIX, BGB, PRTIX. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TUHIX	T. Rowe Price U.S. High Yield Fund	High Yield Bonds	59	1.27%	—	Apr 2013	PRCPX vs TUHIX
BGB	Blackstone GSO Strategic Credit Closed Fund	High Yield Bonds	4	-0.55%	—	Sep 2012	PRCPX vs BGB
PRTIX	T. Rowe Price U.S. Treasury Intermediate Index Fun...	Government Bonds	21	-0.60%	—	Sep 1989	PRCPX vs PRTIX
RPIDX	T. Rowe Price Dynamic Credit Fund	Nontraditional Bonds	45	0.98%	—	Jan 2019	PRCPX vs RPIDX
PRHYX	T. Rowe Price High Yield Fund	High Yield Bonds	77	1.96%	—	Dec 1984	PRCPX vs PRHYX
SICNX	Schwab International Core Equity Fund	Foreign Large Cap Equities	26	10.39%	—	May 2008	PRCPX vs SICNX
PRFRX	T. Rowe Price Floating Rate Fund	High Yield Bonds	91	2.06%	—	Jul 2011	PRCPX vs PRFRX
FEBAX	First Eagle Global Income Builder Fund Class A	Global Allocation	64	7.90%	—	May 2012	PRCPX vs FEBAX
TBUX	T. Rowe Price Ultra Short-Term Bond ETF	Ultrashort Bond	99	2.06%	1.24B	Sep 2021	PRCPX vs TBUX
SCYB	Schwab High Yield Bond ETF	High Yield Bonds	64	1.87%	2.68B	Jul 2023	PRCPX vs SCYB
LSYAX	Lord Abbett Short Duration High Yield Fund	High Yield Bonds	74	2.37%	—	May 2020	PRCPX vs LSYAX
CIF	MFS Intermediate High Income Fund	High Yield Bonds	—	—	—	Jul 1988	PRCPX vs CIF
DDJIX	Polen DDJ Opportunistic High Yield Fund	High Yield Bonds	8	0.90%	—	Jul 2015	PRCPX vs DDJIX
PRSIX	T. Rowe Price Spectrum Conservative Allocation Fun...	Diversified Portfolio	72	5.90%	—	Jul 1994	PRCPX vs PRSIX
TMAYX	Touchstone Ares Credit Opportunities Fund Class Y	High Yield Bonds	51	1.78%	—	Aug 2015	PRCPX vs TMAYX
GUHYX	Victory High Yield Fund	High Yield Bonds	54	1.28%	—	Sep 1998	PRCPX vs GUHYX
JFR	Nuveen Floating Rate Income Fund	High Yield Bonds	5	4.74%	—	Mar 2004	PRCPX vs JFR
QDSNX	AQR Diversifying Strategies Fund Class N	Tactical Allocation	91	4.37%	—	Jun 2020	PRCPX vs QDSNX
FGUMX	Fidelity Advisor High Income Fund Class Z	High Yield Bonds	92	3.48%	—	Dec 2018	PRCPX vs FGUMX
FFRHX	Fidelity Floating Rate High Income Fund	Bank Loan	93	2.14%	—	Aug 2000	PRCPX vs FFRHX

Compare PRCPX with Any Fund or Stock

Compare PRCPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair PRCPX with funds that move differently

T. Rowe Price Credit Opportunities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PRCPX.

Explore PRCPX Diversifiers

T. Rowe Price Credit Opportunities Fund (PRCPX) Alternatives