T. Rowe Price Floating Rate Fund I Class (TFAIX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.10
+0.03 (0.33%)
At close: Mar 10, 2026
-1.73% (1Y)
| Fund Assets | 2.55B |
| Expense Ratio | 0.65% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.65 |
| Dividend Yield | 7.15% |
| Dividend Growth | -13.34% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 9.07 |
| YTD Return | -0.56% |
| 1-Year Return | 5.42% |
| 5-Year Return | 29.91% |
| 52-Week Low | 9.02 |
| 52-Week High | 9.29 |
| 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 5.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.56%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.04628 | Feb 27, 2026 |
| Jan 30, 2026 | $0.05277 | Jan 30, 2026 |
| Dec 31, 2025 | $0.05432 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04916 | Nov 28, 2025 |
| Oct 31, 2025 | $0.05922 | Oct 31, 2025 |
| Sep 30, 2025 | $0.05357 | Sep 30, 2025 |