T. Rowe Price Floating Rate I (TFAIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.23
0.00 (0.00%)
At close: Oct 23, 2025
Fund Assets2.55B
Expense Ratio0.65%
Min. Investment$1,000,000
Turnovern/a
Dividend (ttm)0.68
Dividend Yield7.35%
Dividend Growth-14.97%
Payout FrequencyMonthly
Ex-Dividend DateSep 30, 2025
Previous Close9.23
YTD Return0.20%
1-Year Return2.37%
5-Year Return27.84%
52-Week Low9.02
52-Week High9.35
Beta (5Y)n/a
Holdings339
Inception DateNov 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 2.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.09%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
TRIZX-z Class0.02%
PAFRX-advisor Class0.97%

Top 10 Holdings

18.06% of assets
NameSymbolWeight
T. Rowe Price Gov. ReserveTRPGRIA6.36%
HUB InternationalHBGCN.L 06.20.30 191.48%
Epicor SoftwareEGLPT.L 05.30.31 131.48%
Applied SystemsAPPSYS.L 02.24.31 141.43%
UKGULTI.L 02.10.31 91.33%
Crc InsuranceTIHLLC.L 05.06.32 11.33%
Aleran/a1.27%
LTI HoldingsLTIBOY.L 07.30.29 81.16%
Focus Financial PartnersFOCS.L 09.15.31 221.13%
TKO Worldwide HoldingsTKO.L 11.21.31 131.10%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Sep 30, 2025$0.05357Sep 30, 2025
Aug 29, 2025$0.05815Aug 29, 2025
Jul 31, 2025$0.05674Jul 31, 2025
Jun 30, 2025$0.05364Jun 30, 2025
May 30, 2025$0.05834May 30, 2025
Apr 30, 2025$0.05445Apr 30, 2025
Full Dividend History