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 02/28/2017
Volatility and Other Measures
as of 02/28/2017
Beta 0.07
0.01
Standard Deviation 2.20
Credit Quality Diversification1
as of 02/28/2017
% of Total Net Assets
BBB/BB Rated & Above 6.9%
BB Rated 19.4%
BB/B Rated 14.1%
B Rated 37.4%
B/CCC Rated 5.5%
CCC and Below 6.2%
Default 0.1%
Not Rated 1.7%
Short Term 8.7%
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 02/28/2017
0.42 years
Weighted Avg. Maturity
as of 03/21/2017
4.97 years
Sector Diversification
as of 02/28/2017
% of Total Net Assets
Cyclical 43.4%
Defensive 41.6%
Short-Term 8.7%
Energy 6.3%
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
AVOLON HOLDINGS LTD TL B2 1L BANKDEBT 3.500 01/20/2022
CHANGE HEALTHCARE HLDGS TL B 1L BANKDEBT 3.750 02/03/2024
FIRST DATA CORPORATION TL 1L BANKDEBT 3.779 07/08/2022
LEVEL 3 FINANCING INC TL B 1L BANKDEBT 3.300 02/17/2024
LONESTAR INTRMDT SUPER PIKTERM BANKDEBT 10.000 08/31/2021
UBER TECHNOLOGIES INC TL B 1L BANKDEBT 5.000 07/13/2023
VALEANT PHARMA TL F1/F2 1L BANKDEBT 5.530 04/01/2022
VERITAS US INC TL B1 1L BANKDEBT 6.625 01/27/2023
As of 02/28/2017 the Floating Rate Fund had a total of 419 holdings.
Bond Maturity Diversification2
  as of 02/28/2017
% of Total Net Assets
0 - 1 YRS 9.2%
1 - 5 YRS 34.5%
5 - 10 YRS 56.0%
10 + YRS 0.2%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.