T. Rowe Price Floating Rate Adv (PAFRX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

9.01

+0.01 (0.11%)

At close: Nov 2, 2026

Fund Assets	4.01B
Expense Ratio	0.975%
Min. Investment	$2,500
Turnover	n/a
Dividend (ttm)	0.59
Dividend Yield	6.53%
Dividend Growth	-9.25%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.00
YTD Return	1.33%
1-Year Return	2.53%
5-Year Return	26.30%
52-Week Low	8.99
52-Week High	9.28
Beta (5Y)	0.31
Holdings	345
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 Floating Rate Loans

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 2.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.01%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FFRAX	Fidelity	Fidelity Advisor Floating Rate Hi Inc A	1.00%
FFRCX	Fidelity	Fidelity Advisor Floating Rate Hi Inc C	1.74%
FFRHX	Fidelity	Fidelity Floating Rate High Income Fund	0.72%
FFRIX	Fidelity	Fidelity Advisor Floating Rate Hi Inc I	0.75%
FFRTX	Fidelity	Fidelity Advisor Floating Rate Hi Inc M	1.00%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TRIZX	-z Class	0.02%
TFAIX	-i Class	0.64%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.04954	Sep 30, 2026
Aug 31, 2026	$0.04727	Aug 31, 2026
Jul 31, 2026	$0.05147	Jul 31, 2026
Jun 30, 2026	$0.04752	Jun 30, 2026
May 29, 2026	$0.0492	May 29, 2026
Apr 30, 2026	$0.04767	Apr 30, 2026

Full Dividend History