Nasdaq - Delayed Quote USD

T. Rowe Price Floating Rate (PRFRX)

9.23
0.00
(0.00%)
At close: 8:07:06 AM EDT

Performance Overview

Morningstar Return Rating --
YTD Return 1.89%
5y Average Return 6.90%
Number of Years Up 11
Number of Years Down 2
Best 1Y Total Return (May 22, 2025) 12.29%
Worst 1Y Total Return (May 22, 2025) --
Best 3Y Total Return 12.29%
Worst 3Y Total Return 1.85%

Trailing Returns (%) Vs. Benchmarks

Monthly Total Returns
PRFRX
Category
YTD
0.57%
2.87%
1-Month
0.04%
0.37%
3-Month
-0.05%
1.35%
1-Year
6.46%
10.15%
3-Year
6.93%
3.23%
5-Year
7.01%
3.90%
10-Year
4.41%
3.49%
Last Bull Market
5.42%
7.61%
Last Bear Market
-4.54%
-3.97%

Annual Total Return (%) History

Year
PRFRX
Category
2025
--
--
2024
8.74%
--
2023
12.29%
--
2022
-0.69%
--
2021
4.60%
--
2020
1.73%
1.16%
2019
8.43%
7.45%
2018
-0.10%
-0.26%

2017
3.47%
3.48%
2016
7.67%
9.25%
2015
1.19%
-1.25%
2014
1.38%
0.57%
2013
4.21%
5.68%
2012
7.32%
9.43%
2011
--
1.63%

Past Quarterly Returns

YearQ1Q2Q3Q4
2025 0.53% -- -- --
2024 2.13% 1.98% 2.11% 2.25%
2023 3.15% 2.55% 2.85% 3.21%
2022 -0.36% -4.54% 1.53% 2.83%
2021 1.46% 1.28% 1.00% 0.78%
2020 -11.16% 7.46% 3.20% 3.24%
2019 3.60% 1.81% 1.23% 1.55%
2018 0.84% 0.32% 1.74% -2.94%
2017 0.79% 0.72% 0.93% 0.99%
2016 1.68% 1.74% 2.47% 1.58%

2015 2.21% 0.78% -0.82% -0.95%
2014 0.91% 1.05% -0.54% -0.03%
2013 1.79% -0.19% 1.05% 1.50%
2012 2.83% 0.43% 2.41% 1.47%
2011 3.19% -- -- --

Rank in Category (By Total Return)

YTD 15
1-Month 25
3-Month 9
1-Year 18
3-Year 13
5-Year 36

Load Adjusted Returns

1-Year 6.46%
3-Year 6.93%
5-Year 7.01%
10-Year 4.41%

Performance & Risk

YTD Return 1.89%
5y Average Return 6.90%
Rank in Category (ytd) 15
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.20
Morningstar Risk Rating

Fund Overview

Category Bank Loan
Fund Family T. Rowe Price
Net Assets 4.07B
YTD Return 0.57%
Yield 7.80%
Morningstar Rating
Inception Date Mar 16, 2020

Fund Summary

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.

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