T. Rowe Price Floating Rate Fund I Class (TFAIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.27
0.00 (0.00%)
Mar 7, 2025, 4:00 PM EST
-0.43% (1Y)
| Fund Assets | 2.55B |
| Expense Ratio | 0.65% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.75 |
| Dividend Yield | 8.09% |
| Dividend Growth | -6.23% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 28, 2025 |
| Previous Close | 9.27 |
| YTD Return | 0.09% |
| 1-Year Return | 7.33% |
| 5-Year Return | 29.29% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 327 |
| 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
Performance Rating Above Average
Risk Rating Below Average
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 7.33% in the past year. Since the fund's inception, the average annual return has been 4.40%, including dividends.
Top 10 Holdings
24.68% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Gov. Reserve | TRPGRIA | 10.60% |
| AssuredPartners | ASSPAR L 02.14.31 22 | 2.08% |
| HUB International | HBGCN L 06.20.30 18 | 2.01% |
| UKG | ULTI L 02.10.31 9 | 1.85% |
| Medline Borrower | MEDIND L 10.23.28 6 | 1.57% |
| Epicor Software | EGLPT L 05.30.31 13 | 1.57% |
| AAdvantage Loyalty IP | AAL L 04.20.28 1 | 1.32% |
| Applied Systems | APPSYS L 02.24.31 10 | 1.26% |
| Focus Financial Partners | n/a | 1.22% |
| Alliant Holdings Intermediate | ALIANT L 09.19.31 18 | 1.22% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Oct 31, 2024 | $0.06189 | Oct 31, 2024 |
| Sep 30, 2024 | $0.05952 | Sep 30, 2024 |