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 05/31/2016
Volatility and Other Measures
as of 05/31/2016
Beta 0.23
0.08
Standard Deviation 2.23
Credit Quality Diversification1
as of 05/31/2016
% of Total Net Assets
BBB/BB Rated & Above 7.6%
BB Rated 23.9%
BB/B Rated 19.6%
B Rated 33.3%
B/CCC Rated 2.2%
CCC and Below 5.4%
Default 0.1%
Not Rated 1.1%
Short Term 6.8%
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 05/31/2016
0.46 years
Weighted Avg. Maturity
as of 06/21/2016
4.80 years
Sector Diversification
as of 05/31/2016
% of Total Net Assets
Defensive 47.1%
Cyclical 43.6%
Short-Term 6.8%
Energy 2.5%
10 Largest Holdings
View Holdings as of:
Coupon % Maturity
ASURION LLC TL 2L BANKDEBT 8.500 03/03/2021
CSC HOLDINGS LLC TL B 1L BANKDEBT 5.000 10/09/2022
FIRST DATA CORP TL EXT 1L BANKDEBT 4.443 03/24/2021
FIRST DATA CORPORATION TL B 1L BANKDEBT 4.193 07/08/2022
KRONOS INC/MA TL 1L BANKDEBT 4.500 10/30/2019
KRONOS INC/MA TL 2L BANKDEBT 9.750 04/30/2020
RESTAURANT BRANDS INTL TL B 1L BANKDEBT 3.750 12/10/2021
US RENAL CARE INC TL 1L BANKDEBT 5.250 12/30/2022
VALEANT PHARMA TL F1/F2 1L BANKDEBT 5.000 04/01/2022
WESTERN DIGITAL CORP TL B 1L BANKDEBT 6.250 04/29/2023
As of 05/31/2016 the Floating Rate Fund had a total of 403 holdings.
Bond Maturity Diversification2
  as of 05/31/2016
% of Total Net Assets
0 - 1 YRS 7.8%
1 - 5 YRS 39.8%
5 - 10 YRS 52.5%
10 + YRS 0.0%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.