T. Rowe Price Floating Rate Fund Advisor Class (PAFRX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.30
0.00 (0.00%)
Jul 29, 2025, 4:00 PM EDT
| Fund Assets | 2.55B |
| Expense Ratio | 0.97% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.68 |
| Dividend Yield | 7.28% |
| Dividend Growth | -12.47% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.30 |
| YTD Return | 0.79% |
| 1-Year Return | 4.88% |
| 5-Year Return | 28.45% |
| 52-Week Low | 9.03 |
| 52-Week High | 9.37 |
| Beta (5Y) | n/a |
| Holdings | 316 |
| Inception Date | Jul 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 4.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.88%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFRCX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class C | 1.77% |
| FIQSX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class Z | 0.67% |
| FFRIX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class I | 0.77% |
| FFRTX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class M | 1.02% |
| FFRHX | Fidelity | Fidelity Floating Rate High Income Fund | 0.73% |
Top 10 Holdings
21.96% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Government Reserve Fund | TRPGRIA | 8.61% |
| HUB INTERNATIONAL LTD | HBGCN | 1.82% |
| ASSUREDPARTNERS INC | ASSPAR | 1.80% |
| MEDLINE BORROWER LP | MEDIND | 1.59% |
| EPICOR SOFTWARE CORP | EGLPT | 1.56% |
| UKG INC | ULTI | 1.45% |
| TIH Insurance Holdings LLC - TRUIST INSURANCE HOLDINGS LLC | n/a | 1.40% |
| Alera Group Intermediate Holdings Inc - ALERA GROUP INTERMEDIATE | ALERGR | 1.30% |
| APPLIED SYSTEMS INC | APPSYS.L 02.24.31 13 | 1.25% |
| LTI HOLDINGS INC | LTIBOY.L 07.30.29 8 | 1.19% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.05134 | Jun 30, 2025 |
| May 30, 2025 | $0.0558 | May 30, 2025 |
| Apr 30, 2025 | $0.05215 | Apr 30, 2025 |
| Mar 31, 2025 | $0.05123 | Mar 31, 2025 |
| Feb 28, 2025 | $0.04833 | Feb 28, 2025 |
| Jan 31, 2025 | $0.05587 | Jan 31, 2025 |