T. Rowe Price Institutional Floating Rate’s experienced manager, risk-aware approach, and strong decision-making rank it as a top offering in the bank-loan Morningstar Category.
T. Rowe Price Instl Floating Rate F PFFRX
- NAV / 1-Day Return 9.44 / +0.02 %
- Total Assets 4.0 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.700%
- Distribution Fee Level Low
- Share Class Type No Load
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 8.72%
- Effective Duration 0.56 years
USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis PFFRX
Will PFFRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 18.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
T. Rowe Price Gov. Reserve | 6.38 | 268.1 Mil | Cash and Equivalents |
Truist Insurance Holdings | 2.44 | 102.6 Mil | Corporate |
HUB International | 2.41 | 101.1 Mil | Corporate |
AssuredPartners | 2.17 | 91.2 Mil | Corporate |
UKG | 2.14 | 90.1 Mil | Corporate |
Epicor Software | 1.85 | 77.9 Mil | Corporate |
Applied Systems | 1.50 | 63.0 Mil | Corporate |
Boxer Parent | 1.49 | 62.8 Mil | Corporate |
UFC Holdings | 1.48 | 62.1 Mil | Corporate |
Medline Borrower | 1.39 | 58.2 Mil | Corporate |