T. Rowe Price Floating Rate Fund, Inc.

Frequently Asked Questions About PRFRX

What are the top holdings of PRFRX?

A machine-readable holdings disclosure for T. Rowe Price Floating Rate Fund, Inc. (PRFRX) is not available from our data sources. Fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.

What sectors does PRFRX invest in?

T. Rowe Price Floating Rate Fund, Inc. (PRFRX) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.

What sector is PRFRX most exposed to?

PRFRX's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.

Is PRFRX a US-only fund?

The country allocation card on this page shows PRFRX's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.

What does PRFRX invest in?

This fund ordinarily deploys a minimum of 80% of its total assets (including any capital obtained through borrowing for investment) into debt instruments with variable interest rates. These floating rate loans represent funds extended by financial institutions and other lenders to corporate borrowers or various entities. The vast majority, if not all, of the loans held by the fund are either classified as below investment grade (typically rated below BBB or an equivalent, often colloquially known as “junk” due to higher risk) or lack an official credit rating from recognized agencies.