T. Rowe Price Floating Rate Fund (PRFRX)
Ticker Symbol:
PRFRX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Performance
Quick Stats
Current NAV as of 05/22/2015 $10.03
NAV Change $0.00
Net Assets as of 04/30/2015 $498.14 Million
Daily YTD Return as of 05/22/2015 3.14%
Three Month Return as of 04/30/2015 2.61%
Expense Ratio as of 05/31/2014 See Note
Historical Prices
Select Range: 1Yr | 3 Yrs | 5 Yrs | 10 Yrs Since Inception
Monthly High   $10.04   04/14/2015
Monthly Low   $10.00   04/01/2015
Month End   $10.04   04/30/2015
YTD High   $10.04   05/12/2015
YTD Low   $9.86   01/07/2015
2014 Year High $10.17 01/23/2014
2014 Year Low $9.77 12/16/2014
2013 Year High $10.23 05/09/2013
2013 Year Low $10.06 06/24/2013
2012 Year High $10.08 12/07/2012
2012 Year Low $9.80 01/01/2012
Average Annual Total Returns and Benchmarks
as of 03/31/2015
Distribution Schedule
Dividends Monthly
Capital Gains* Annual
*If applicable.
Distribution History
Dividends
Date

Per Share Amount

Reinvestment Price
01-31-2015 $0.033 $9.88
02-28-2015 $0.0306 $9.98
03-31-2015 $0.0335 $10.00
04-30-2015 $0.033 $10.04
Distribution amounts are rounded to the nearest cent. Shareholders should refer to their statements for exact distribution amounts.
Capital Gains

Date
Short-Term
Per Share
Amount
Long-Term
Per Share
Amount

Reinvestment
Price
12-09-2013 $0.00 $0.012 $10.12
12-08-2014 $0.01 $0.00 $9.96
Performance Comparison
as of 04/30/2015
This chart shows the value of a hypothetical $10,000 investment in the fund over the past 10 years or since its inception (for funds lacking 10-year records). The result is compared with benchmarks, which may include a broad-based market index and a peer group average or index. Market indexes do not include expenses, which are deducted from fund returns as well as mutual fund averages and indexes.
30-Day Yield1
Annualized Dividend as of 05/22/2015 4.06%
SEC Dividend as of 05/17/2015 3.69%
Average Annual Total Returns2
  Month End
4/30/15
Quarter End
3/31/15
1 Year 3.31% 2.68%
3 Years 4.06% 4.06%
5 Years N/A N/A
10 Years N/A N/A
Since Inception 4.08% 3.97%
Inception Date July 29, 2011
Note about the fund's expense ratio:
The fund's gross expense ratio as of its fiscal year ended 05/31/2014 was 0.86%. To protect the interests of shareholders, T. Rowe Price Associates will waive its fees and/or bear any expenses that would cause the fund's expense ratio to exceed 0.85%. This contractual expense limitation expires on 09/30/2015.
Current performance may be lower or higher than the quoted past performance, which cannot guarantee future results. Share price, principal value, yield and return will vary and you may have a gain or loss when you sell your shares.
The Floating Rate Fund charges a 2% redemption fee on shares held 90 days or less. The performance information shown does not reflect the deduction of the redemption fee; if it did, the performance would be lower.
Calendar Year Total Returns
2012 7.32%
2013 4.21%
2014 1.38%
   
Share Splits
as of 04/30/2015
Split Type N/A
Effective Date N/A
Pre-Split NAV N/A
Post-Split NAV N/A
1The 30-day dividend yield represents the average daily dividends for the 30-day period, annualized and divided by the net asset values per share at the end of the period; it is available the first quarter after the fund's inception. The SEC standardized yield is computed under an SEC standardized formula and reflects an estimated yield to maturity (assuming all portfolio securities are held to maturity); it is available the first month after the fund's inception.
2 Average annual total return figures include changes in principal value, reinvested dividends, and capital gain distributions. For funds less than one year old, the Since Inception return figure is not annualized and represents an aggregate total return.
See Glossary for additional details on all data elements.