T. Rowe Price Floating Rate Fund Advisor Class (PAFRX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.25
-0.01 (-0.11%)
At close: Jan 26, 2026
-0.96% (1Y)
| Fund Assets | 2.55B |
| Expense Ratio | 0.97% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.63 |
| Dividend Yield | 6.84% |
| Dividend Growth | -15.16% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 9.26 |
| YTD Return | -0.22% |
| 1-Year Return | 6.03% |
| 5-Year Return | 32.65% |
| 52-Week Low | 8.58 |
| 52-Week High | 9.28 |
| Beta (5Y) | n/a |
| Holdings | 340 |
| 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 6.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.47%.
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
17.25% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Gov. Reserve | TRPGRIA | 5.57% |
| Applied Systems | APPSYS.L 02.24.31 14 | 1.48% |
| Epicor Software | EGLPT.L 05.30.31 13 | 1.45% |
| HUB International | HBGCN.L 06.20.30 19 | 1.45% |
| Crc Insurance | TIHLLC.L 05.06.32 1 | 1.40% |
| UKG | ULTI.L 02.10.31 9 | 1.37% |
| Alera | n/a | 1.30% |
| Sedgwick Claims Management Services | SEDGEW.L 02.24.28 6 | 1.11% |
| Focus Financial Partners | FOCS.L 09.15.31 22 | 1.06% |
| TKO Worldwide Holdings | TKO.L 11.21.31 13 | 1.06% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.05172 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04691 | Nov 28, 2025 |
| Oct 31, 2025 | $0.05656 | Oct 31, 2025 |
| Sep 30, 2025 | $0.05124 | Sep 30, 2025 |
| Aug 29, 2025 | $0.05559 | Aug 29, 2025 |
| Jul 31, 2025 | $0.05425 | Jul 31, 2025 |