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 01/31/2016
Volatility and Other Measures
as of 01/31/2016
Beta 0.17
0.08
Standard Deviation 1.77
Credit Quality Diversification1
as of 01/31/2016
% of Total Net Assets
BBB/BB Rated & Above 5.2%
BB Rated 24.0%
BB/B Rated 19.3%
B Rated 32.8%
B/CCC Rated 2.4%
CCC and Below 4.6%
Credit Default Swaps -0.0%
Not Rated 1.1%
Short Term 10.7%
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 01/31/2016
0.43 years
Weighted Avg. Maturity
as of 02/09/2016
4.61 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
CSC HOLDINGS LLC TL B 1L BANKDEBT 5.000 10/09/2022
EXGEN RENEWABLES I TL 1L BANKDEBT 5.250 02/06/2021
FILTRATION GROUP INC TL B 1L BANKDEBT 4.250 11/23/2020
FIRST DATA CORPORATION TL B 1L BANKDEBT 4.177 07/08/2022
KRONOS INC/MA TL 1L BANKDEBT 4.500 10/30/2019
LEVEL 3 FINANCING INC TL BII 1L BANKDEBT 3.500 05/31/2022
RESTAURANT BRANDS INTL TL B 1L BANKDEBT 3.750 12/10/2021
VALEANT PHARMA TL F1/F2 1L BANKDEBT 4.000 04/01/2022
As of 01/31/2016 the Floating Rate Fund had a total of 378 holdings.
Bond Maturity Diversification2
  as of 01/31/2016
% of Total Net Assets
0 - 1 YRS 11.6%
1 - 5 YRS 35.2%
5 - 10 YRS 53.2%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 01/31/2016
% of Total Net Assets
Defensive 47.9%
Cyclical 40.0%
Short-Term 10.7%
Energy 1.4%
See Glossary for additional details on all data elements.