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.
Will PRFRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PRFRX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PRFRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PRFRX’s parent organization’s priorities and whether they’re in line with investors’ interests.