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 09/30/2014
Volatility and Other Measures
as of 10/31/2014
Beta 0.25
0.13
Standard Deviation 1.84
Credit Quality Diversification1
as of 09/30/2014
% of Total Net Assets
BBB/BB Rated & Above 2.7%
BB Rated 19.3%
BB/B Rated 17.0%
B Rated 43.3%
B/CCC Rated 3.1%
CCC and Below 6.7%
Credit Default Swaps -0.0%
Default 0.1%
Not Rated 1.0%
Short Term 6.7%
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 10/31/2014
0.41 years
Weighted Avg. Maturity
as of 12/16/2014
5.11 years
10 Largest Holdings
View Holdings as of:
Coupon % Maturity
ASURION LLC TL 2L BANKDEBT 8.500 03/03/2021
BURGER KING TL B 1L BANKDEBT 4.500 10/27/2021
CHARTER COMMUNICATIONS TL G 1L BANKDEBT 4.250 09/10/2021
CHS/COMM HLTH SYS TL D 1L BANKDEBT 4.250 01/27/2021
CLEAR CHNL COMMS TL D-EXT 1L BANKDEBT 6.906 01/30/2019
EXGEN RENEWABLES I TL 1L BANKDEBT 5.250 02/06/2021
HJ HEINZ CO TL B2 1L BANKDEBT 3.500 06/05/2020
INTELSAT JACKSON HLDG TL B2 1L BANKDEBT 3.750 06/30/2019
KRONOS INC/MA TL 2L BANKDEBT 9.750 04/30/2020
LEVEL 3 FIN INC TL B5 1L BANKDEBT 4.500 01/31/2022
As of 09/30/2014 the Floating Rate Fund had a total of 479 holdings.
Bond Maturity Diversification2
  as of 10/31/2014
% of Total Net Assets
0 - 1 YRS 6.8%
1 - 5 YRS 28.6%
5 - 10 YRS 64.6%
10 + YRS 0.1%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 10/31/2014
% of Total Net Assets
Defensive 46.9%
Cyclical 43.6%
Short-Term 6.4%
Energy 3.1%
See Glossary for additional details on all data elements.