T. Rowe Price Instl Floating Rate
100 East Pratt Street Baltimore MD 21202
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Phone: 800-638-8797
| Category: | Bank Loan | | Fund Family: | T. Rowe Price | | Net Assets: | 755.06M | | Year-to-Date Return: | 32.02% | | Yield: | 6.10% | | Morningstar Rating: | N/A | | Fund Inception Date: | 31-Jan-08 |
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Justin J. Gerbereux
Lead Manager since
01-May-09 | | | Gerbereux joined T.Rowe Price in 2003 and his investment experience dates from 1999. |
| Min Initial Investment: | $1,000,000 | | Min Initial Investment, IRA: | NaN | | Min Initial Investment, AIP: | NaN | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
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| The investment seeks high current income and, secondarily, capital appreciation. The fund invests at least 80% of net assets in floating rate loans and debt securities. It may also invest up to 20% of net assets in fixed-rate debt securities, including short-term government and commercial debt obligations, investment-grade corporate bonds, mortgage- and asset-backed securities, and high-yield corporate bonds, often called "junk" bonds. |
| Last Dividend
(30-Oct-09):
| 0.05 | | Last Cap Gain
| YFT_NOT_APPLICABLE_ABBREVIATION | | Annual Holdings Turnover
| 74.80% | | Average for Category:
| 39.52% |
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| Expense | RPIFX | Category
Avg | | Total Expense Ratio: | 0.55%
| 1.38% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 3.13% | | Max Deferred Sales Load: | %
| 2.14% | | 3 Yr Expense Projection*: |
$ 176 | $607 | | 5 Yr Expense Projection*: |
$ 307 | $968 | | 10 Yr Expense Projection*: |
$ 689 | $1,976 |
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