T. Rowe Price Floating Rate ETF’s experienced manager, risk-aware approach, and strong decisions make this a compelling actively managed bank loan ETF option. However, its November 2022 inception is a short period to assess this vehicle on its own. While the ETF is managed in line with the T. Rowe Price Institutional Floating Rate Fund RPIFX. positioning and other risk factors may differ during the ramp up period. As such, the analysis reflects the longer-term history of the open-end fund.
T. Rowe Price Floating Rate ETF TFLR
Morningstar’s Analysis TFLR
Will TFLR outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 17.0
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
T. Rowe Price Gov. Reserve | 10.52 | 14.3 Mil | Cash and Equivalents |
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