RPIFX Mutual Fund

NAV$9.24

Fund Essentials - as of Feb 28, 2026

Net Assets
$4.3B
Expense Ratio
0.57%
Dividend Yield (Current)
6.45%
Holdings
329
Inception Date
Jan 31, 2008
Fund Family
T.Rowe Price
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD-1.91%
1 Year+4.16%
3 Year+7.33%
5 Year+5.35%
10 Year+4.97%

Asset Allocation

Stocks: 0.47%
Bonds: 83.57%
Other: 15.96%

Price Chart (6M)

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Top Holdings

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TickerNameWeight
PRRXXT. Rowe Price Government Reserve Fund9.24%
-Hopper Merger Sub Inc 0 48949 2034-01-051.66%
HBGCN L 06/20/30 19Hub International Limited 2025 Term Loan B 1.00 2030-06-201.36%
APPSYS L 02/24/31 14Applied Systems, Inc.-Ini 0.00 02/24/20311.36%
TIHLLC L 05/06/32 1Truist Insurance Holdings, Llc 0 03/08/20321.34%
Top 10 Concentration: 21.05%Report Date: Feb 28, 2026
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Dividend Summary

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Dividend Yield (Current)
6.45%
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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RPIFX Mutual Fund Overview

RPIFX Mutual Fund (T. Rowe Price Institutional Floating Rate Fund Institutional Class) is managed by T.Rowe Price with $4.27B in net assets. RPIFX expense ratio is 0.57%, holding 329 positions across sectors including Other, Financials, Information Technology. Inception date: 2008-01-31.

RPIFX performance shows a YTD return of -1.91%. The 1-year return is 4.16% and the 5-year return is 5.35%. RPIFX dividend yield stands at 6.45%, paid monthly.

RPIFX top holdings include T. Rowe Price Government Reserve Fund (9.2%), Hopper Merger Sub Inc 0 48949 2034-01-05 (1.7%), Hub International Limited 2025 Term Loan B 1.00 2030-06-20 (1.4%), Applied Systems, Inc.-Ini 0.00 02/24/2031 (1.4%), Truist Insurance Holdings, Llc 0 03/08/2032 (1.3%). View all RPIFX holdings, sector breakdown, or dividend history.

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