T. Rowe Price Floating Rate Adv (PAFRX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.07
-0.01 (-0.11%)
At close: Jun 29, 2026
-2.26% (1Y)
| Fund Assets | 2.55B |
| Expense Ratio | 0.97% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.61 |
| Dividend Yield | 6.67% |
| Dividend Growth | -11.45% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 29, 2026 |
| Previous Close | 9.08 |
| YTD Return | 0.41% |
| 1-Year Return | 3.78% |
| 5-Year Return | 27.10% |
| 52-Week Low | 9.05 |
| 52-Week High | 9.31 |
| Beta (5Y) | n/a |
| Holdings | 325 |
| 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 3.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.04%.
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 Hi Inc 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% |
| FFRAX | Fidelity | Fidelity Advisor Floating Rate Hi Inc A | 1.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 29, 2026 | $0.0492 | May 29, 2026 |
| 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 |