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T. Rowe Price Floating Rate I (TFAIX)

8.99 -0.01 (-0.11%)
At close: 8:04:13 PM EDT
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  • Previous Close 9.00
  • YTD Return 2.95%
  • Expense Ratio 0.64%
  • Category Bank Loan
  • Last Cap Gain -8.00
  • Morningstar Rating
  • Morningstar Risk Rating Average
  • Net Assets 4.02B
  • Beta (5Y Monthly) 0.06
  • Yield 6.82%
  • 5y Average Return --
  • Holdings Turnover 66.40%
  • Last Dividend 0.45
  • Inception Date Jul 29, 2011

The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in floating rate loans and floating rate debt securities. Floating rate loans represent amounts borrowed by companies or other entities from banks and other lenders. Most, if not all, of the loans in which the fund invests are rated below investment grade (below BBB, or an equivalent rating) or are not rated by established credit rating agencies.

T. Rowe Price

Fund Family

Bank Loan

Fund Category

4.02B

Net Assets

2011-07-29

Inception Date

Performance Overview

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Trailing returns as of 10/29/2026. Category is Bank Loan.

YTD Return

TFAIX
2.95%
Category
2.87%

1-Year Return

TFAIX
4.55%
Category
10.15%

3-Year Return

TFAIX
7.24%
Category
3.23%

5-Year Return

TFAIX
6.15%
Category
3.90%

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