T. Rowe Price Instl Floating Rate Z (TRAZX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.41
-0.01 (-0.11%)
Mar 7, 2025, 4:00 PM EST
-0.63% (1Y)
| Fund Assets | 4.19B |
| Expense Ratio | 0.02% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.83 |
| Dividend Yield | 8.80% |
| Dividend Growth | -5.82% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 28, 2025 |
| Previous Close | 9.42 |
| YTD Return | 0.05% |
| 1-Year Return | 7.79% |
| 5-Year Return | n/a |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.13 |
| Holdings | 313 |
| Inception Date | Mar 10, 2020 |
About TRAZX
The T. Rowe Price Instl Floating Rate Z (TRAZX) seeks to normally invest at least 80% of net assets in floating rate loans and debt securities.
Category Bank Loan
Performance Rating High
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol TRAZX
Share Class -z Class
Index Morningstar LSTA US Leveraged Loan TR USD
Performance
TRAZX had a total return of 7.79% in the past year. Since the fund's inception, the average annual return has been 6.92%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFRAX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class A | 1.02% |
| FFRTX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class M | 1.02% |
| FFRHX | Fidelity | Fidelity Floating Rate High Income Fund | 0.73% |
| FIQSX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class Z | 0.67% |
| FFRIX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class I | 0.77% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PFFRX | -f Class | 0.70% |
Top 10 Holdings
24.09% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Gov. Reserve | TRPGRIA | 10.01% |
| AssuredPartners | ASSPAR L 02.14.31 22 | 2.08% |
| HUB International | HBGCN L 06.20.30 18 | 1.89% |
| UKG | ULTI L 02.10.31 9 | 1.88% |
| Epicor Software | EGLPT L 05.30.31 11 | 1.56% |
| Medline Borrower | MEDIND L 10.23.28 6 | 1.50% |
| Applied Systems | APPSYS L 02.24.31 10 | 1.39% |
| AAdvantage Loyalty IP | AAL L 04.20.28 1 | 1.34% |
| TIH Insurance Holdings | TIHLLC L 05.06.32 1 | 1.23% |
| Focus Financial Partners | n/a | 1.21% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 28, 2025 | $0.05698 | Feb 28, 2025 |
| Jan 31, 2025 | $0.06523 | Jan 31, 2025 |
| Dec 31, 2024 | $0.06557 | Dec 31, 2024 |
| Nov 29, 2024 | $0.06555 | Nov 29, 2024 |
| Oct 31, 2024 | $0.06809 | Oct 31, 2024 |
| Sep 30, 2024 | $0.06529 | Sep 30, 2024 |