TFLR: Sub-Investment Grade Loan ETF Beats A Junk Bond Benchmark
2025-11-28 10:02:27 ET
TFLR Strategy
T. Rowe Price Floating Rate ETF ( TFLR ) is an actively managed debt ETF paying monthly distributions, launched on 11/16/2022. TFLR has a 30-day SEC yield of 6.66%, a yield to maturity of 7.09% and an expense ratio of 0.61%. As described in the prospectus by T. Rowe Price :
Floating rate loans represent amounts borrowed by companies or other entities from banks and other lenders. Most, if not all, of the loans in which the fund invests are rated below investment grade (below BBB, or an equivalent rating) or are not rated by credit rating agencies (commonly referred to as “high yield” or “junk” bonds).
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TFLR: Sub-Investment Grade Loan ETF Beats A Junk Bond Benchmark
NASDAQ: TFLR
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