T. Rowe Price Institutional Floating Rate Fund Class F (PFFRX)

Fund Assets	5.59B
Expense Ratio	0.70%
Min. Investment	$2,500
Turnover	n/a
Dividend (ttm)	0.65
Dividend Yield	7.08%
Dividend Growth	-14.56%
Payout Frequency	Monthly
Ex-Dividend Date	Feb 27, 2026

Previous Close	9.25
YTD Return	-0.66%
1-Year Return	5.49%
5-Year Return	27.53%
52-Week Low	9.18
52-Week High	9.46
Beta (5Y)	n/a
Holdings	337
Inception Date	Aug 27, 2010

About PFFRX

The T. Rowe Price Institutional Floating Rate Fund Class F (PFFRX) seeks to normally invest at least 80% of net assets in floating rate loans and debt securities.

• Fund Family: Price Funds
• Category: Bank Loan
• Stock Exchange: NASDAQ
• Ticker Symbol: PFFRX
• Share Class: -f Class
• Index: Morningstar LSTA US Leveraged Loan TR USD

Performance

PFFRX had a total return of 5.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.43%.

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%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TRAZX	-z Class	0.02%

Dividend History

Ex-Dividend	Amount	Pay Date
Feb 27, 2026	$0.04608	Feb 27, 2026
Jan 30, 2026	$0.05302	Jan 30, 2026
Dec 31, 2025	$0.05535	Dec 31, 2025
Nov 28, 2025	$0.0489	Nov 28, 2025
Oct 31, 2025	$0.05932	Oct 31, 2025
Sep 30, 2025	$0.05367	Sep 30, 2025