T. Rowe Price Floating Rate Z (TRIZX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.31
0.00 (0.00%)
Dec 24, 2024, 4:00 PM EST
0.32% (1Y)
| Fund Assets | 3.76B |
| Expense Ratio | 0.02% |
| Min. Investment | $500,000 |
| Turnover | 77.90% |
| Dividend (ttm) | 0.84 |
| Dividend Yield | 9.05% |
| Dividend Growth | 1.17% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 29, 2024 |
| Previous Close | 9.31 |
| YTD Return | 8.80% |
| 1-Year Return | 9.80% |
| 5-Year Return | n/a |
| 52-Week Low | 9.23 |
| 52-Week High | 9.34 |
| Beta (5Y) | n/a |
| Holdings | 319 |
| Inception Date | Mar 16, 2020 |
About TRIZX
The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in floating rate loans and floating rate debt securities. Floating rate loans represent amounts borrowed by companies or other entities from banks and other lenders. Most, if not all, of the loans in which the fund invests are rated below investment grade (below BBB, or an equivalent rating) or are not rated by established credit rating agencies.
Fund Family T. Rowe Price
Category Bank Loan
Performance Rating High
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol TRIZX
Index Morningstar LSTA US Leveraged Loan TR USD
Performance
TRIZX had a total return of 9.80% in the past year. Since the fund's inception, the average annual return has been 7.81%, 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 | 1.03% |
| FFRTX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class M | 1.01% |
| FIQSX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class Z | 0.68% |
| FFRCX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class C | 1.78% |
| FFRHX | Fidelity | Fidelity Floating Rate High Income Fund | 0.73% |
Top 10 Holdings
24.63% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Gov. Reserve | TRPGRIA | 8.38% |
| TIH Insurance Holdings | TIHLLC L 05.06.32 1 | 2.38% |
| HUB International | HBGCN L 06.20.30 18 | 2.34% |
| AssuredPartners | ASSPAR L 02.14.31 22 | 2.19% |
| UKG | ULTI L 02.10.31 9 | 1.90% |
| Epicor Software | EGLPT L 05.30.31 11 | 1.65% |
| UFC Holdings | TKO L 04.29.26 9 | 1.51% |
| Cloud Software | TIBX L 03.29.29 9 | 1.44% |
| Medline Borrower | MEDIND L 10.23.28 4 | 1.44% |
| AAdvantage Loyalty IP | AAL L 04.20.28 1 | 1.39% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 29, 2024 | $0.0641 | Nov 29, 2024 |
| Oct 31, 2024 | $0.06674 | Oct 31, 2024 |
| Sep 30, 2024 | $0.06387 | Sep 30, 2024 |
| Aug 30, 2024 | $0.07595 | Aug 30, 2024 |
| Jul 31, 2024 | $0.07181 | Jul 31, 2024 |
| Jun 28, 2024 | $0.06403 | Jun 28, 2024 |