T. Rowe Price Institutional Floating Rate Fund (RPIFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.47
0.00 (0.00%)
Feb 14, 2025, 4:00 PM EST
0.11%
Fund Assets 5.59B
Expense Ratio 0.57%
Min. Investment $1,000,000
Turnover n/a
Dividend (ttm) 0.79
Dividend Yield 8.35%
Dividend Growth -4.59%
Payout Frequency Monthly
Ex-Dividend Date Jan 31, 2025
Previous Close 9.47
YTD Return -0.21%
1-Year Return 7.39%
5-Year Return 24.95%
52-Week Low n/a
52-Week High n/a
Beta (5Y) 0.23
Holdings 313
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 7.39% in the past year. Since the fund's inception, the average annual return has been 4.57%, including dividends.

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%
PFFRX -f Class 0.70%

Top 10 Holdings

24.09% of assets
Name Symbol Weight
T. Rowe Price Gov. Reserve TRPGRIA 10.01%
AssuredPartners ASSPAR L 02.14.31 22 2.08%
HUB International HBGCN L 06.20.30 18 1.89%
UKG ULTI L 02.10.31 9 1.88%
Epicor Software EGLPT L 05.30.31 11 1.56%
Medline Borrower MEDIND L 10.23.28 6 1.50%
Applied Systems APPSYS L 02.24.31 10 1.39%
AAdvantage Loyalty IP AAL L 04.20.28 1 1.34%
TIH Insurance Holdings TIHLLC L 05.06.32 1 1.23%
Focus Financial Partners n/a 1.21%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
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
Sep 30, 2024 $0.0614 Sep 30, 2024
Aug 30, 2024 $0.07342 Aug 30, 2024
Full Dividend History