T Rowe Price Institutional Floating Rate Fund (RPIFX)
9.42
0.00 (0.00%)
USD |
Dec 30 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.57% | 5.040B | -- | 107.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 764.37M | 6.61% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks high current income and, secondarily, capital appreciation. The Fund seeks to normally invest at least 80% of net assets in floating rate loans and debt securities. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| 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:
44
-190.75M
Peer Group Low
490.64M
Peer Group High
1 Year
% Rank:
5
764.37M
-3.096B
Peer Group Low
8.623B
Peer Group High
3 Months
% Rank:
7
-582.83M
Peer Group Low
1.235B
Peer Group High
3 Years
% Rank:
65
-3.827B
Peer Group Low
21.48B
Peer Group High
6 Months
% Rank:
7
-684.05M
Peer Group Low
3.764B
Peer Group High
5 Years
% Rank:
12
-2.475B
Peer Group Low
23.14B
Peer Group High
YTD
% Rank:
5
-3.255B
Peer Group Low
7.670B
Peer Group High
10 Years
% Rank:
25
-13.06B
Peer Group Low
23.62B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 31, 2025.
*Indicates data for the year is incomplete.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 4.27% |
| Stock | 0.00% |
| Bond | 97.64% |
| Convertible | 0.00% |
| Preferred | 0.59% |
| Other | -2.49% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| T Rowe Price Government Money Fund | 6.75% | 1.00 | 0.00% |
|
UKG Inc [Ex- Ultimate Software Inc] 09-FEB-2031
|
1.44% | -- | -- |
|
Applied Systems Inc 23-FEB-2031
|
1.43% | -- | -- |
|
Hub Intl Ltd 20-JUN-2030
|
1.43% | -- | -- |
|
Epicor Software Corp 30-MAY-2031
|
1.36% | -- | -- |
|
Truist Insurance Holdings LLC 31-MAR-2032
|
1.31% | -- | -- |
|
Alera Group Inc 30-MAY-2033
|
1.24% | -- | -- |
|
Focus Financial Partners LLC 15-SEP-2031
|
1.21% | -- | -- |
|
Boyd Corp 19-JUL-2029
|
1.20% | -- | -- |
|
Sedgwick Claims Management Services Inc 30-JUN-2030
|
1.16% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.55% |
| 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 | 1.00M None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks high current income and, secondarily, capital appreciation. The Fund seeks to normally invest at least 80% of net assets in floating rate loans and debt securities. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| 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 (12-29-25) | 7.27% |
| 30-Day SEC Yield (11-30-25) | 6.75% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 337 |
| Bond | |
| Yield to Maturity (9-30-25) | 7.95% |
| Effective Duration | -- |
| Average Coupon | 9.22% |
| Calculated Average Quality | 5.844 |
| Effective Maturity | 4.994 |
| Nominal Maturity | 4.996 |
| Number of Bond Holdings | 328 |
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:RPIFX", "name") |
| Broad Asset Class: =YCI("M:RPIFX", "broad_asset_class") |
| Broad Category: =YCI("M:RPIFX", "broad_category_group") |
| Prospectus Objective: =YCI("M:RPIFX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |