T. Rowe Price Institutional Floating Rate Fund (RPIFX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.46
-0.01 (-0.11%)
Jul 22, 2025, 4:00 PM EDT
-0.11% (1Y)
| Fund Assets | 5.59B |
| Expense Ratio | 0.57% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.73 |
| Dividend Yield | 7.72% |
| Dividend Growth | -12.39% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.47 |
| YTD Return | 0.89% |
| 1-Year Return | 5.33% |
| 5-Year Return | 29.55% |
| 52-Week Low | 9.19 |
| 52-Week High | 9.52 |
| Beta (5Y) | 0.12 |
| Holdings | 322 |
| Inception Date | Jan 31, 2008 |
About RPIFX
The T. Rowe Price Institutional Floating Rate Fund (RPIFX) 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 RPIFX
Index Morningstar LSTA US Leveraged Loan TR USD
Performance
RPIFX had a total return of 5.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.51%.
Top 10 Holdings
22.81% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Gov. Reserve | TRPGRIA | 9.73% |
| AssuredPartners | ASSPAR.L 02.14.31 22 | 1.91% |
| HUB International | HBGCN.L 06.20.30 19 | 1.77% |
| UKG | ULTI.L 02.10.31 9 | 1.53% |
| Medline Borrower | MEDIND.L 10.23.28 6 | 1.50% |
| Epicor Software | EGLPT.L 05.30.31 13 | 1.47% |
| TIH Insurance Holdings | TIHLLC.L 05.06.32 1 | 1.34% |
| Applied Systems | APPSYS.L 02.24.31 13 | 1.26% |
| Opal | n/a | 1.15% |
| Focus Financial Partners | FOCS.L 09.15.31 22 | 1.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.05531 | Jun 30, 2025 |
| May 30, 2025 | $0.060 | May 30, 2025 |
| Apr 30, 2025 | $0.05564 | Apr 30, 2025 |
| Mar 31, 2025 | $0.05511 | Mar 31, 2025 |
| Feb 28, 2025 | $0.05299 | Feb 28, 2025 |
| Jan 31, 2025 | $0.06077 | Jan 31, 2025 |