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 12/31/2014
Volatility and Other Measures
as of 01/31/2015
Beta 0.17
0.08
Standard Deviation 1.70
Credit Quality Diversification1
as of 12/31/2014
% of Total Net Assets
BBB/BB Rated & Above 1.6%
BB Rated 22.0%
BB/B Rated 16.3%
B Rated 41.4%
B/CCC Rated 3.4%
CCC and Below 5.6%
Credit Default Swaps -0.0%
Default 0.0%
Not Rated 1.3%
Short Term 8.4%
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 01/31/2015
0.40 years
Weighted Avg. Maturity
as of 02/24/2015
5.12 years
10 Largest Holdings
View Holdings as of:
Coupon % Maturity
ALTICE FINANCING SA TL DD 1L BANKDEBT 5.500 07/02/2019
ASURION LLC TL 2L BANKDEBT 8.500 03/03/2021
BURGER KING TL B 1L BANKDEBT 4.500 12/12/2021
CHARTER COMMUNICATIONS TL G 1L BANKDEBT 4.250 09/10/2021
CHS/COMM HLTH SYS TL D 1L BANKDEBT 4.250 01/27/2021
EXGEN RENEWABLES I TL 1L BANKDEBT 5.250 02/06/2021
FIRST DATA CORPORATION TL C1 1L BANKDEBT 3.668 03/23/2018
INTELSAT JACKSON HLDG TL B2 1L BANKDEBT 3.750 06/30/2019
LEVEL 3 FIN INC TL B5 1L BANKDEBT 4.500 01/31/2022
RITE AID CORP TL 2L BANKDEBT 5.750 08/21/2020
As of 12/31/2014 the Floating Rate Fund had a total of 433 holdings.
Bond Maturity Diversification2
  as of 01/31/2015
% of Total Net Assets
0 - 1 YRS 7.9%
1 - 5 YRS 30.8%
5 - 10 YRS 61.3%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 01/31/2015
% of Total Net Assets
Defensive 48.6%
Cyclical 41.0%
Short-Term 7.9%
Energy 2.5%
See Glossary for additional details on all data elements.