T. Rowe Price Institutional Floating Rate Fund (RPIFX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.31
0.00 (0.00%)
Apr 25, 2025, 4:00 PM EDT
-1.59% (1Y)
| Fund Assets | 5.59B |
| Expense Ratio | 0.57% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.76 |
| Dividend Yield | 8.19% |
| Dividend Growth | -8.22% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2025 |
| Previous Close | 9.31 |
| YTD Return | -0.71% |
| 1-Year Return | 5.33% |
| 5-Year Return | 34.99% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.15 |
| 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
Performance Rating High
Risk Rating Below Average
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 4.48%.
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 |
|---|---|---|
| Mar 31, 2025 | $0.05511 | Mar 31, 2025 |
| Feb 28, 2025 | $0.05299 | Feb 28, 2025 |
| Jan 31, 2025 | $0.06077 | Jan 31, 2025 |
| Dec 31, 2024 | $0.06125 | Dec 31, 2024 |
| Nov 29, 2024 | $0.06124 | Nov 29, 2024 |
| Oct 31, 2024 | $0.06378 | Oct 31, 2024 |