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 04/30/2017
Volatility and Other Measures
as of 04/30/2017
Beta 0.08
0.01
Standard Deviation 2.20
Credit Quality Diversification1
as of 04/30/2017
% of Total Net Assets
BBB/BB Rated & Above 6.3%
BB Rated 20.7%
BB/B Rated 13.5%
B Rated 42.0%
B/CCC Rated 4.1%
CCC and Below 6.1%
Default 0.0%
Not Rated 1.9%
Short Term 5.3%
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 04/30/2017
0.38 years
Weighted Avg. Maturity
as of 05/23/2017
5.15 years
Sector Diversification
as of 04/30/2017
% of Total Net Assets
Cyclical 45.8%
Defensive 43.7%
Short-Term 5.3%
Energy 5.2%
10 Largest Holdings
View Holdings as of:
Coupon % Maturity
ANCESTRY.COM INC TL B 1L BANKDEBT 4.250 10/19/2023
ASURION LLC TL 2L BANKDEBT 8.500 03/03/2021
CHANGE HEALTHCARE HLDGS TL B 1L BANKDEBT 3.750 03/01/2024
FIRST DATA CORPORATION TL 1L BANKDEBT 3.988 07/08/2022
GO DADDY OPERATING CO LLC B DD BANKDEBT 3.493 02/15/2024
LEVEL 3 FINANCING INC TL B 1L BANKDEBT 3.241 02/22/2024
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 5.740 04/01/2022
VERITAS US INC TL B1 1L BANKDEBT 6.625 01/27/2023
As of 04/30/2017 the Floating Rate Fund had a total of 415 holdings.
Bond Maturity Diversification2
  as of 04/30/2017
% of Total Net Assets
0 - 1 YRS 5.9%
1 - 5 YRS 31.1%
5 - 10 YRS 62.9%
10 + YRS 0.1%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.