T. Rowe Price Floating Rate Adv (PAFRX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.25
0.00 (0.00%)
Oct 17, 2025, 4:00 PM EDT
Fund Assets2.55B
Expense Ratio0.97%
Min. Investment$2,500
Turnovern/a
Dividend (ttm)0.65
Dividend Yield7.01%
Dividend Growth-15.58%
Payout FrequencyMonthly
Ex-Dividend DateSep 30, 2025
Previous Close9.25
YTD Return0.25%
1-Year Return2.23%
5-Year Return25.51%
52-Week Low9.03
52-Week High9.37
Beta (5Y)n/a
Holdings339
Inception DateJul 29, 2011

About PAFRX

PAFRX was founded on 2011-07-29. The Fund's investment strategy focuses on Loan Participation with 0.98% total expense ratio. The minimum amount to invest in T Rowe Price Floating Rate Fund, Inc; Advisor Class Shares is $2,500 on a standard taxable account. T Rowe Price Floating Rate Fund, Inc; Advisor Class Shares seeks high current income and, secondarily, capital appreciation. PAFRX will normally invest ar least 80% of its net assets in floating rate loans and floating rate debt securities.

Category Bank Loan
Stock Exchange NASDAQ
Ticker Symbol PAFRX
Share Class -advisor Class
Index Morningstar LSTA US Leveraged Loan TR USD

Performance

PAFRX had a total return of 2.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.78%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FFRCXFidelityFidelity Advisor Floating Rate Hi Inc C1.77%
FIQSXFidelityFidelity Advisor Floating Rate Hi Inc Z0.67%
FFRIXFidelityFidelity Advisor Floating Rate Hi Inc I0.77%
FFRTXFidelityFidelity Advisor Floating Rate Hi Inc M1.02%
FFRHXFidelityFidelity Floating Rate High Income0.73%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
TRIZX-z Class0.02%
TFAIX-i Class0.65%

Top 10 Holdings

18.06% of assets
NameSymbolWeight
T. Rowe Price Gov. ReserveTRPGRIA6.36%
HUB InternationalHBGCN.L 06.20.30 191.48%
Epicor SoftwareEGLPT.L 05.30.31 131.48%
Applied SystemsAPPSYS.L 02.24.31 141.43%
UKGULTI.L 02.10.31 91.33%
Crc InsuranceTIHLLC.L 05.06.32 11.33%
Aleran/a1.27%
LTI HoldingsLTIBOY.L 07.30.29 81.16%
Focus Financial PartnersFOCS.L 09.15.31 221.13%
TKO Worldwide HoldingsTKO.L 11.21.31 131.10%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Sep 30, 2025$0.05124Sep 30, 2025
Aug 29, 2025$0.05559Aug 29, 2025
Jul 31, 2025$0.05425Jul 31, 2025
Jun 30, 2025$0.05134Jun 30, 2025
May 30, 2025$0.0558May 30, 2025
Apr 30, 2025$0.05215Apr 30, 2025
Full Dividend History