PRFRX Mutual Fund

NAV$9.07

Fund Essentials - as of Feb 28, 2026

Net Assets
$1.5B
Expense Ratio
0.76%
Dividend Yield (Current)
6.28%
Holdings
323
Inception Date
Jul 29, 2011
Fund Family
T.Rowe Price
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD+0.60%
1 Year+3.43%
3 Year+6.91%
5 Year+5.36%
10 Year+4.98%

Asset Allocation

Stocks: 0.51%
Bonds: 82.84%
Other: 16.65%

Price Chart (6M)

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Top Holdings

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TickerNameWeight
PRRXXT. Rowe Price Government Reserve Fund8.35%
-Hopper Merger Sub Inc 0 48949 2034-01-051.68%
EGLPT L 05/30/31 13Epicor Software Corporation 2024 Term Loan 05/23/20311.52%
APPSYS L 02/24/31 14Applied Systems, Inc.-Ini 0.00 02/24/20311.42%
TIHLLC L 05/06/32 1Truist Insurance Holdings, Llc 0 03/08/20321.42%
Top 10 Concentration: 20.71%Report Date: Feb 28, 2026
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Dividend Summary

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Dividend Yield (Current)
6.28%
Frequency
Monthly
Latest Distribution
$0.03
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO
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Category rank, peer-average returns and outperformance, updated daily.
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PRFRX Mutual Fund Overview

PRFRX Mutual Fund (T. Rowe Price Floating Rate Fund Investor Class) is managed by T.Rowe Price with $1.49B in net assets. PRFRX expense ratio is 0.76%, holding 323 positions across sectors including Other, Financials, Information Technology. Inception date: 2011-07-29.

PRFRX performance shows a YTD return of 0.60%. The 1-year return is 3.43% and the 5-year return is 5.36%. PRFRX dividend yield stands at 6.28%, paid monthly.

PRFRX top holdings include T. Rowe Price Government Reserve Fund (8.3%), Hopper Merger Sub Inc 0 48949 2034-01-05 (1.7%), Epicor Software Corporation 2024 Term Loan 05/23/2031 (1.5%), Applied Systems, Inc.-Ini 0.00 02/24/2031 (1.4%), Truist Insurance Holdings, Llc 0 03/08/2032 (1.4%). View all PRFRX holdings, sector breakdown, or dividend history.

PRFRX can be compared against other funds using the overlap calculator or side-by-side comparison tool. PRFRX alternatives are available via the screener, along with tax-loss harvesting opportunities.