T. Rowe Price 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 Floating Rate I TFAIX
- NAV / 1-Day Return 9.28 / +0.02 %
- Total Assets 3.6 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.650%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 500,000
- Status Open
- TTM Yield 8.68%
- Effective Duration 0.54 years
USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis TFAIX
Will TFAIX 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 17.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
T. Rowe Price Gov. Reserve | 7.20 | 263.6 Mil | Cash and Equivalents |
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