T. Rowe Price Floating Rate I (TFAIX)

Fund Assets	4.01B
Expense Ratio	0.629%
Min. Investment	$1,000,000
Turnover	n/a
Dividend (ttm)	0.62
Dividend Yield	6.87%
Dividend Growth	-8.91%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	8.99
YTD Return	1.01%
1-Year Return	2.80%
5-Year Return	28.28%
52-Week Low	8.97
52-Week High	9.27
Beta (5Y)	0.31
Holdings	345
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: Floating Rate Loans
• 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 2.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.42%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TRIZX	-z Class	0.02%
PAFRX	-advisor Class	0.97%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.0519	Sep 30, 2026
Aug 31, 2026	$0.04957	Aug 31, 2026
Jul 31, 2026	$0.05409	Jul 31, 2026
Jun 30, 2026	$0.04988	Jun 30, 2026
May 29, 2026	$0.05167	May 29, 2026
Apr 30, 2026	$0.05003	Apr 30, 2026

Data Sources: Tiingo, Alpha Vantage, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Alpha Vantage. Several fund data points are also provided by Finnhub.

Last checked:

Nov 3, 2026

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