T. Rowe Price Floating Rate Fund (PRFRX)

Fund Assets	4.02B
Expense Ratio	0.746%
Min. Investment	$2,500
Turnover	n/a
Dividend (ttm)	0.61
Dividend Yield	6.73%
Dividend Growth	-9.14%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	8.98
YTD Return	0.93%
1-Year Return	2.15%
5-Year Return	26.76%
52-Week Low	8.97
52-Week High	9.26
Beta (5Y)	0.12
Holdings	345
Inception Date	Jul 29, 2011

About PRFRX

PRFRX was founded on 2011-07-29. The Fund's investment strategy focuses on Loan Participation with 0.76% total expense ratio. The minimum amount to invest in T Rowe Price Floating Rate Fund, Inc is $2,500 on a standard taxable account. T Rowe Price Floating Rate Fund, Inc seeks high current income and, secondarily, capital appreciation. PRFRX 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: PRFRX
• Index: Morningstar LSTA US Leveraged Loan TR USD

Performance

PRFRX had a total return of 2.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.13%.

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%
PAFRX	-advisor Class	0.97%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.0509	Sep 30, 2026
Aug 31, 2026	$0.04863	Aug 31, 2026
Jul 31, 2026	$0.05301	Jul 31, 2026
Jun 30, 2026	$0.04887	Jun 30, 2026
May 29, 2026	$0.05062	May 29, 2026
Apr 30, 2026	$0.04899	Apr 30, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Nov 3, 2026

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