T. Rowe Price Floating Rate’s well-earned spot among the best bank-loan strategies reflects strong leadership, deep experience, a formidable supporting cast, and a time-tested approach.
T. Rowe Price Floating Rate Fund PRFRX
- NAV / 1-Day Return 9.09 / 0.00
- Total Assets 4.0B
-
Adj. Expense Ratio
0.760%
- Expense Ratio 0.770%
- Distribution Fee Level Average
- Share Class Type No Load
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 6.81%
- Effective Duration 0.56 years
USD | NAV as of Jun 17, 2026 | 1-Day Return as of Jun 17, 2026, 12:11 AM GMT+0
Morningstar’s Analysis PRFRX
Will PRFRX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the PRFRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of PRFRX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 12.9
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
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United States