T. Rowe Price Institutional Floating Rate Fund (RPIFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.25
0.00 (0.00%)
At close: Mar 5, 2026
-2.01%
Fund Assets 5.59B
Expense Ratio 0.57%
Min. Investment $1,000,000
Turnover n/a
Dividend (ttm) 0.67
Dividend Yield 7.21%
Dividend Growth -14.19%
Payout Frequency Monthly
Ex-Dividend Date Feb 27, 2026
Previous Close 9.25
YTD Return -0.73%
1-Year Return 5.22%
5-Year Return 33.70%
52-Week Low 9.19
52-Week High 9.47
Beta (5Y) 0.12
Holdings 337
Inception Date Jan 31, 2008

About RPIFX

The T. Rowe Price Institutional Floating Rate Fund (RPIFX) seeks to normally invest at least 80% of net assets in floating rate loans and debt securities.

Fund Family Price Funds
Category Bank Loan
Stock Exchange NASDAQ
Ticker Symbol RPIFX
Index Morningstar LSTA US Leveraged Loan TR USD

Performance

RPIFX had a total return of 5.22% in the past year. Since the fund's inception, the average annual return has been 5.26%, including dividends.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
TRAZX -z Class 0.02%
PFFRX -f Class 0.70%

Dividend History

Ex-Dividend Amount Pay Date
Feb 27, 2026 $0.04712 Feb 27, 2026
Jan 30, 2026 $0.05407 Jan 30, 2026
Dec 31, 2025 $0.05642 Dec 31, 2025
Nov 28, 2025 $0.04989 Nov 28, 2025
Oct 31, 2025 $0.06049 Oct 31, 2025
Sep 30, 2025 $0.05475 Sep 30, 2025
Full Dividend History