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 12/31/2016
Volatility and Other Measures
as of 12/31/2016
Beta 0.08
0.01
Standard Deviation 2.20
Credit Quality Diversification1
as of 12/31/2016
% of Total Net Assets
BBB/BB Rated & Above 7.2%
BB Rated 19.7%
BB/B Rated 13.0%
B Rated 39.8%
B/CCC Rated 3.2%
CCC and Below 6.7%
Not Rated 1.0%
Short Term 9.5%
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 12/31/2016
0.38 years
Weighted Avg. Maturity
as of 01/17/2017
4.76 years
Sector Diversification
as of 12/31/2016
% of Total Net Assets
Cyclical 43.9%
Defensive 41.4%
Short-Term 9.5%
Energy 5.2%
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
FIRST DATA CORPORATION TL 1L BANKDEBT 3.756 07/08/2022
LONESTAR INTRMDT SUPER PIKTERM BANKDEBT 10.000 08/31/2021
MULTIPLAN INC TL B 1L BANKDEBT 5.000 06/07/2023
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 5.500 04/01/2022
WESTERN DIGITAL CORP TL B 1L BANKDEBT 4.520 04/29/2023
As of 12/31/2016 the Floating Rate Fund had a total of 416 holdings.
Bond Maturity Diversification2
  as of 12/31/2016
% of Total Net Assets
0 - 1 YRS 10.2%
1 - 5 YRS 36.7%
5 - 10 YRS 52.9%
10 + YRS 0.2%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.