T. Rowe PriceBank LoanTFLR · NYSE Arca

T. Rowe Price Floating Rate ETF (TFLR)

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Price: $50.81; —11 Sept 2026
Assets: $761M; Total net assets
Expense ratio: 0.61%; Category 1.04%
Yield: 6.63%; Trailing distributions

1Y return: 5.2%+0.8%; Category 4.4%
3Y CAGR: 7.3%+0.3%; Category 7.0%
5Y CAGR: —; Category 5.5%

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T. Rowe Price Floating Rate ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+0.7%	+1.9%	+3.7%	+3.1%	+5.2%	+7.3%	—	—	+8.0%
Bank Loan average	0.7%	2.0%	4.0%	3.1%	4.4%	7.0%	5.5%	4.6%	5.4%
Difference	+0.1%	-0.1%	-0.4%	+0.1%	+0.8%	+0.3%	—	—	+2.6%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

AAA4.5%
BBB1.1%
BB17.4%
B64.7%
Below B8.4%
Other3.9%

Asset mix

Bonds90.1%
Other9.3%
Preferred shares0.5%
Cash0.1%
Stocks0.0%

ETF details

Issuer: T. Rowe Price
Category: Fixed Income · Bank Loan
Ticker: TFLR
Exchange: NYSE Arca
Inception: 16 Nov 2022 (3.8 years)
Structure: Exchange Traded Fund
Expense ratio: 0.61% (category 1.04%)
Holdings turnover: 50% (category 71%)
Distribution yield: 6.63%
Beta, 3 years: 0.05
Total net assets: $761M

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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