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 03/31/2015
Volatility and Other Measures
as of 05/31/2015
Beta 0.15
0.07
Standard Deviation 1.60
Credit Quality Diversification1
as of 03/31/2015
% of Total Net Assets
BBB/BB Rated & Above 2.3%
BB Rated 24.7%
BB/B Rated 15.0%
B Rated 42.6%
B/CCC Rated 3.4%
CCC and Below 5.8%
Credit Default Swaps -0.0%
Default 0.0%
Not Rated 1.3%
Short Term 4.9%
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 05/31/2015
0.44 years
Weighted Avg. Maturity
as of 06/30/2015
5.01 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
ASURION LLC TL B1 1L BANKDEBT 5.000 05/24/2019
DOLLAR TREE INC TL B 1L BANKDEBT 4.250 03/09/2022
EXGEN RENEWABLES I TL 1L BANKDEBT 5.250 02/06/2021
FIRST DATA CORPORATION TL C1 1L BANKDEBT 3.685 03/23/2018
LEVEL 3 FINANCING INC TL BII 1L BANKDEBT 3.500 05/31/2022
NUMERICABLE SFR TL B1/B2 1L BANKDEBT 4.500 05/21/2020
RESTAURANT BRANDS INTL TL B 1L BANKDEBT 3.750 12/12/2021
VALEANT PHARMA TL F1/F2 1L BANKDEBT 4.000 04/01/2022
As of 06/30/2015 the Floating Rate Fund had a total of 438 holdings.
Bond Maturity Diversification2
  as of 05/31/2015
% of Total Net Assets
0 - 1 YRS 6.1%
1 - 5 YRS 37.9%
5 - 10 YRS 56.0%
10 + YRS 0.1%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 05/31/2015
% of Total Net Assets
Defensive 47.7%
Cyclical 42.5%
Short-Term 6.0%
Energy 3.8%
See Glossary for additional details on all data elements.