T. Rowe Price Floating Rate Fund (PRFRX)
Ticker Symbol:
PRFRX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Composition
Asset Allocation
as of 06/30/2017
Volatility and Other Measures
as of 06/30/2017
Beta 0.08
0.01
Standard Deviation 2.21
Credit Quality Diversification1
as of 06/30/2017
% of Total Net Assets
BBB/BB Rated & Above 7.0%
BB Rated 20.6%
BB/B Rated 12.9%
B Rated 42.6%
B/CCC Rated 3.1%
CCC and Below 5.4%
Default 0.0%
Not Rated 1.8%
Short Term 6.5%
1Sources: Moody's Investors Service and Standard & Poor's (S&P); split ratings (i.e. BB/B and B/CCC) are assigned when the Moody's and S&P ratings differ.

Short term holdings are not rated.
Weighted Avg. Duration
as of 06/30/2017
0.35 years
Weighted Avg. Maturity
as of 07/25/2017
5.28 years
Sector Diversification
as of 06/30/2017
% of Total Net Assets
Cyclical 45.5%
Defensive 44.7%
Short-Term 6.5%
Energy 3.3%
10 Largest Holdings
View Holdings as of:
Coupon % Maturity
ANCESTRY.COM INC TL B 1L BANKDEBT 4.340 10/19/2023
CHANGE HEALTHCARE HLDGS TL B 1L BANKDEBT 3.795 03/01/2024
FIRST DATA CORPORATION TL 1L BANKDEBT 3.466 07/10/2022
GO DADDY OPERATING CO LLC B DD BANKDEBT 3.545 02/15/2024
LEVEL 3 FINANCING INC TL B 1L BANKDEBT 3.466 02/22/2024
LONESTAR INTRMDT SUPER PIKTERM BANKDEBT 10.226 08/31/2021
MICRO FOCUS TL B3 1L STRIP BANKDEBT 3.910 04/18/2024
UBER TECHNOLOGIES INC TL B 1L BANKDEBT 5.216 07/13/2023
VALEANT PHARMA TL F1/F2 1L BANKDEBT 5.830 04/01/2022
VERITAS US INC TL B1 1L BANKDEBT 6.772 01/27/2023
As of 06/30/2017 the Floating Rate Fund had a total of 413 holdings.
Bond Maturity Diversification2
  as of 06/30/2017
% of Total Net Assets
0 - 1 YRS 7.3%
1 - 5 YRS 26.4%
5 - 10 YRS 66.2%
10 + YRS 0.1%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.