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Morningstar

T. Rowe Price Instl Floating Rate RPIFX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 9.41  /  0.07 %
  • Total Assets 4.0 Bil
  • Adj. Expense Ratio
    0.570%
  • Expense Ratio 0.570%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 8.05%
  • Effective Duration 0.59 years

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:19 PM GMT+0

Morningstar’s Analysis RPIFX

Will RPIFX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RPIFX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the RPIFX 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 RPIFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A veteran bank-loan manager leads this top fundamentally driven strategy.

Senior Analyst Paul Olmsted

Paul Olmsted

Senior Analyst

Summary

T. Rowe Price Institutional Floating Rate sets the standard for managing bank loans. Its experienced portfolio manager and deep credit research team complement a risk-aware process to earn a Morningstar Analyst Rating of Gold.

by Paul Olmsted
Rated on Published on

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Portfolio Holdings RPIFX

More RPIFX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 313
  • Other Holdings 9
  • % Assets in Top 10 Holdings 16.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
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