T. Rowe Price Floating Rate Fund I Class (TFAIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.24
0.00 (0.00%)
May 29, 2025, 12:40 PM EDT
-0.75% (1Y)
| Fund Assets | 2.55B |
| Expense Ratio | 0.65% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.73 |
| Dividend Yield | 7.85% |
| Dividend Growth | -10.06% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2025 |
| Previous Close | 9.24 |
| YTD Return | 0.30% |
| 1-Year Return | 6.05% |
| 5-Year Return | 33.41% |
| 52-Week Low | 9.02 |
| 52-Week High | 9.35 |
| Beta (5Y) | n/a |
| Holdings | 331 |
| Inception Date | Nov 29, 2016 |
About TFAIX
TFAIX was founded on 2016-11-29. The Fund's investment strategy focuses on Loan Participation with 0.64% total expense ratio. The minimum amount to invest in T Rowe Price Floating Rate Fund, Inc; Class I Shares is $1,000,000 on a standard taxable account. T Rowe Price Floating Rate Fund, Inc; Class I Shares seeks high current income and, secondarily, capital appreciation. TFAIX will normally invest ar least 80% of its net assets in floating rate loans and floating rate debt securities.
Category Bank Loan
Stock Exchange NASDAQ
Ticker Symbol TFAIX
Share Class -i Class
Index Morningstar LSTA US Leveraged Loan TR USD
Performance
TFAIX had a total return of 6.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.31%.
Top 10 Holdings
22.97% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Gov. Reserve | TRPGRIA | 9.95% |
| AssuredPartners | ASSPAR.L 02.14.31 22 | 1.92% |
| HUB International | HBGCN.L 06.20.30 19 | 1.82% |
| UKG | ULTI.L 02.10.31 9 | 1.53% |
| Medline Borrower | MEDIND.L 10.23.28 6 | 1.49% |
| Epicor Software | EGLPT.L 05.30.31 13 | 1.45% |
| TIH Insurance Holdings | TIHLLC.L 05.06.32 1 | 1.32% |
| Applied Systems | APPSYS.L 02.24.31 13 | 1.17% |
| Alliant Holdings Intermediate | ALIANT.L 09.19.31 18 | 1.16% |
| Opal | n/a | 1.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2025 | $0.05445 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0536 | Mar 31, 2025 |
| Feb 28, 2025 | $0.05065 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0585 | Jan 31, 2025 |
| Dec 31, 2024 | $0.05929 | Dec 31, 2024 |
| Nov 29, 2024 | $0.05927 | Nov 29, 2024 |