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T. Rowe Price Floating Rate PRFRX

Analyst rating as of
NAV / 1-Day Return
9.00  /  0.10 %
Total Assets
5.1 Bil
Adj. Expense Ratio
0.760%
Expense Ratio
0.760%
Fee Level
Below Average
Longest Manager Tenure
10.92 years
Category
Bank Loan
Credit Quality / Interest Rate Sensitivity
Low / Limited
Min. Initial Investment
2,500
Status
Open
TTM Yield
3.98%
Effective Duration
0.48 years

Morningstar’s Analysis

Will PRFRX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Experience and fundamental research drive this top bank-loan offering.

Senior Analyst

Summary

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T. Rowe Price Floating Rate stands out versus peers with its experienced portfolio managers and deep credit research team that complements this offering’s selective, risk-aware approach. It earns a Morningstar Analyst Rating of Gold for most share classes and Silver for its more-expensive Advisor share class.

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