T. Rowe Price Institutional Floating Rate Fund (RPIFX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.25
0.00 (0.00%)
At close: Feb 25, 2026
-2.22% (1Y)
| Fund Assets | 5.59B |
| Expense Ratio | 0.57% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.67 |
| Dividend Yield | 7.28% |
| Dividend Growth | -14.90% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.25 |
| YTD Return | -1.24% |
| 1-Year Return | 5.05% |
| 5-Year Return | 33.26% |
| 52-Week Low | 8.65 |
| 52-Week High | 9.39 |
| Beta (5Y) | 0.12 |
| Holdings | 339 |
| 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 5.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.23%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.05407 | Jan 30, 2026 |
| Dec 31, 2025 | $0.05642 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04989 | Nov 28, 2025 |
| Oct 31, 2025 | $0.06049 | Oct 31, 2025 |
| Sep 30, 2025 | $0.05475 | Sep 30, 2025 |
| Aug 29, 2025 | $0.05973 | Aug 29, 2025 |