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 01/31/2017
Volatility and Other Measures
as of 01/31/2017
Beta 0.07
0.01
Standard Deviation 2.20
Credit Quality Diversification1
as of 01/31/2017
% of Total Net Assets
BBB/BB Rated & Above 7.3%
BB Rated 19.0%
BB/B Rated 11.4%
B Rated 39.3%
B/CCC Rated 3.6%
CCC and Below 7.9%
Default 0.1%
Not Rated 1.4%
Short Term 10.0%
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 01/31/2017
0.39 years
Weighted Avg. Maturity
as of 02/14/2017
4.77 years
Sector Diversification
as of 01/31/2017
% of Total Net Assets
Cyclical 43.0%
Defensive 41.2%
Short-Term 10.0%
Energy 5.8%
10 Largest Holdings
View Holdings as of:
Coupon % Maturity
ANCESTRY.COM INC TL B 1L BANKDEBT 5.250 10/19/2023
ASURION LLC TL 2L BANKDEBT 8.500 03/03/2021
ASURION LLC TL B 1L BANKDEBT 5.000 08/04/2022
AVOLON HOLDINGS LTD TL B2 1L BANKDEBT 3.500 01/20/2022
FIRST DATA CORPORATION TL 1L BANKDEBT 3.756 07/08/2022
INTELSAT JACKSON HLDG TL B2 1L BANKDEBT 3.750 06/30/2019
LONESTAR INTRMDT SUPER PIKTERM BANKDEBT 10.000 08/31/2021
TEXAS COMPETITIVE ELE TL B/C 1L BANKDEBT 5.000 08/04/2023
UBER TECHNOLOGIES INC TL B 1L BANKDEBT 5.000 07/13/2023
VALEANT PHARMA TL F1/F2 1L BANKDEBT 5.530 04/01/2022
As of 01/31/2017 the Floating Rate Fund had a total of 425 holdings.
Bond Maturity Diversification2
  as of 01/31/2017
% of Total Net Assets
0 - 1 YRS 10.6%
1 - 5 YRS 37.2%
5 - 10 YRS 52.1%
10 + YRS 0.2%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.