T. Rowe Price Floating Rate’s robust team and selective, proven approach earns a Gold Morningstar Analyst Rating for most of its share classes, and a Silver Rating for its more-expensive Advisor share class.
Will PFFRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PFFRX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PFFRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PFFRX’s parent organization’s priorities and whether they’re in line with investors’ interests.