T. Rowe Price Floating Rate Fund Advisor Class (PAFRX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.17
0.00 (0.00%)
May 14, 2026, 4:00 PM EDT
-0.86% (1Y)
| Fund Assets | 2.55B |
| Expense Ratio | 0.97% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | -12.11% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 9.17 |
| YTD Return | 0.98% |
| 1-Year Return | 5.91% |
| 5-Year Return | 28.47% |
| 52-Week Low | 9.05 |
| 52-Week High | 9.31 |
| 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 5.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.11%.
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% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.04767 | Apr 30, 2026 |
| Mar 31, 2026 | $0.04646 | Mar 31, 2026 |
| Feb 27, 2026 | $0.04407 | Feb 27, 2026 |
| Jan 30, 2026 | $0.05026 | Jan 30, 2026 |
| Dec 31, 2025 | $0.05172 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04691 | Nov 28, 2025 |