T. Rowe Price Floating Rate Adv (PAFRX)

Fund Assets	2.55B
Expense Ratio	0.97%
Min. Investment	$2,500
Turnover	n/a
Dividend (ttm)	0.59
Dividend Yield	6.49%
Dividend Growth	-9.82%
Payout Frequency	Monthly
Ex-Dividend Date	Aug 31, 2026

Previous Close	9.10
YTD Return	1.30%
1-Year Return	3.25%
5-Year Return	27.04%
52-Week Low	9.05
52-Week High	9.29
Beta (5Y)	0.31
Holdings	337
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 3.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.03%.

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 Hi Inc C	1.77%
FIQSX	Fidelity	Fidelity Advisor Floating Rate Hi Inc Z	0.67%
FFRIX	Fidelity	Fidelity Advisor Floating Rate Hi Inc I	0.77%
FFRTX	Fidelity	Fidelity Advisor Floating Rate Hi Inc M	1.02%
FFRHX	Fidelity	Fidelity Floating Rate High Income Fund	0.73%

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
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
Mar 31, 2026	$0.04646	Mar 31, 2026

Data Sources: Tiingo, Alpha Vantage, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Alpha Vantage. Several fund data points are also provided by Finnhub.

Last checked:

Sep 28, 2026

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