T Rowe Price Floating Rate Fund (PRFRX)
9.24
0.00 (0.00%)
USD |
Dec 04 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.76% | 4.248B | -- | 107.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 236.44M | 6.25% | 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:
97
-190.75M
Peer Group Low
490.32M
Peer Group High
1 Year
% Rank:
11
236.44M
-3.096B
Peer Group Low
8.623B
Peer Group High
3 Months
% Rank:
86
-582.83M
Peer Group Low
1.234B
Peer Group High
3 Years
% Rank:
66
-3.827B
Peer Group Low
21.48B
Peer Group High
6 Months
% Rank:
57
-684.05M
Peer Group Low
3.764B
Peer Group High
5 Years
% Rank:
14
-2.475B
Peer Group Low
23.14B
Peer Group High
YTD
% Rank:
12
-3.255B
Peer Group Low
7.670B
Peer Group High
10 Years
% Rank:
6
-13.06B
Peer Group Low
23.38B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 05, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 4.02% |
| Stock | 0.00% |
| Bond | 97.39% |
| Convertible | 0.00% |
| Preferred | 0.62% |
| Other | -2.03% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| T Rowe Price Government Money Fund | 6.36% | 1.00 | 0.00% |
|
Hub Intl Ltd 20-JUN-2030
|
1.48% | -- | -- |
|
Epicor Software Corp 30-MAY-2031
|
1.48% | -- | -- |
|
Applied Systems Inc 23-FEB-2031
|
1.43% | -- | -- |
|
UKG Inc [Ex- Ultimate Software Inc] 09-FEB-2031
|
1.33% | -- | -- |
|
Truist Insurance Holdings LLC 31-MAR-2032
|
1.33% | -- | -- |
|
Alera Group Inc 30-MAY-2033
|
1.27% | -- | -- |
|
Boyd Corp 19-JUL-2029
|
1.16% | -- | -- |
|
Focus Financial Partners LLC 15-SEP-2031
|
1.13% | -- | -- |
|
Zuffa LLC [Ex- Ultimate Fighting Championship] 21-NOV-2031
|
1.10% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.58% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 0.00% |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 2500.00 None |
| Minimum Subsequent Investment | 100.00 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 (12-3-25) | 7.07% |
| 30-Day SEC Yield (10-31-25) | 6.79% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 335 |
| Bond | |
| Yield to Maturity (9-30-25) | 8.01% |
| Effective Duration | -- |
| Average Coupon | 9.32% |
| Calculated Average Quality | 5.845 |
| Effective Maturity | 5.006 |
| Nominal Maturity | 5.007 |
| Number of Bond Holdings | 326 |
As of September 30, 2025
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:PRFRX", "name") |
| Broad Asset Class: =YCI("M:PRFRX", "broad_asset_class") |
| Broad Category: =YCI("M:PRFRX", "broad_category_group") |
| Prospectus Objective: =YCI("M:PRFRX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |