T Rowe Price Floating Rate Fund Z (TRIZX)
9.05
+0.01
(+0.11%)
USD |
Apr 11 2025
Key Stats
Customize
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.02% | 4.159B | -- | 78.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 668.07M | 6.18% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks high current income and, secondarily, capital appreciation. The Fund will normally invest ar least 80% of its net assets in floating rate loans and floating rate debt securities. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Loan Participation Funds |
| Peer Group | Loan Participation Funds |
| Global Macro | Loan Participation Funds |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Loan Participation Funds |
| Fund Owner Firm Name | T. Rowe Price |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
7
-1.894B
Peer Group Low
412.56M
Peer Group High
1 Year
% Rank:
9
668.07M
-396.98M
Peer Group Low
13.18B
Peer Group High
3 Months
% Rank:
5
-1.067B
Peer Group Low
4.592B
Peer Group High
3 Years
% Rank:
78
-4.794B
Peer Group Low
19.00B
Peer Group High
6 Months
% Rank:
8
-155.41M
Peer Group Low
8.395B
Peer Group High
5 Years
% Rank:
12
-3.522B
Peer Group Low
20.18B
Peer Group High
YTD
% Rank:
5
-1.067B
Peer Group Low
6.506B
Peer Group High
10 Years
% Rank:
3
-14.78B
Peer Group Low
20.18B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of April 13, 2025.
Asset Allocation
As of December 31, 2024.
| Type | % Net |
|---|---|
| Cash | 5.18% |
| Stock | 0.00% |
| Bond | 94.29% |
| Convertible | 0.00% |
| Preferred | 0.49% |
| Other | 0.04% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| T Rowe Price Government Money Fund | 10.60% | 1.00 | 0.00% |
|
AssuredPartners Inc 14-FEB-2031
|
2.08% | -- | -- |
|
Hub Intl Ltd 20-JUN-2030
|
2.01% | -- | -- |
|
UKG Inc [Ex- Ultimate Software Inc] 09-FEB-2031
|
1.85% | -- | -- |
|
Medline Industries LP 21-OCT-2028
|
1.57% | -- | -- |
|
Epicor Software Corp 30-MAY-2031
|
1.57% | -- | -- |
|
American Airlines Inc 24-MAR-2028
|
1.32% | -- | -- |
|
Applied Systems Inc 23-FEB-2031
|
1.26% | -- | -- |
|
Focus Financial Partners LLC FRN 10-Sep-2031
|
1.22% | -- | -- |
|
Alliant Holdings I Inc 19-SEP-2031
|
1.22% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | -- |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| Purchase Details | |
| Open to New Investors | No |
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks high current income and, secondarily, capital appreciation. The Fund will normally invest ar least 80% of its net assets in floating rate loans and floating rate debt securities. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Loan Participation Funds |
| Peer Group | Loan Participation Funds |
| Global Macro | Loan Participation Funds |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Loan Participation Funds |
| Fund Owner Firm Name | T. Rowe Price |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (4-11-25) | 8.77% |
| 30-Day SEC Yield (2-28-25) | 7.47% |
| 7-Day SEC Yield | -- |
| Bond | |
| Yield to Maturity (12-31-24) | 8.00% |
| Average Coupon | 9.17% |
| Calculated Average Quality | 5.909 |
| Effective Maturity | 5.129 |
| Nominal Maturity | 5.149 |
As of December 31, 2024
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:TRIZX", "name") |
| Broad Asset Class: =YCI("M:TRIZX", "broad_asset_class") |
| Broad Category: =YCI("M:TRIZX", "broad_category_group") |
| Prospectus Objective: =YCI("M:TRIZX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |