TRIZX Performance — T. Rowe Price Floating Rate Fund, Z Class
Data updated: 2026-08-12
TRIZX returned +1.71% year to date and +6.51% over one year to May 2026. Annualised returns are +9.18% over 3 years and +6.77% over 5 years. Against its Ultrashort Corporate Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $130, against $124 for the category, and to $107 over one year, against $107. Volatility over the past three years was 2.00% a year. In the 12 months to May 2026 the fund lost a net $85.2M, and assets reached $4.05B.
TRIZX Growth of $100
What $100 invested in T. Rowe Price Floating Rate Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Ultrashort Corporate Bond category average over the same months.
| Period | TRIZX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $107 | $107 |
| 3 years (Jun 2023 – May 2026) | $130 | $124 |
| 5 years (Jun 2021 – May 2026) | $139 | $126 |
| Since data start (Mar 2020 – May 2026) | $162 | $133 |
TRIZX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.71% |
| 1 year | +6.51% |
| 3 years (annualised) | +9.18% |
| 5 years (annualised) | +6.77% |
TRIZX Annual Returns
Calendar-year total returns of T. Rowe Price Floating Rate Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.71% |
| 2025 | +7.34% |
| 2024 | +9.55% |
| 2023 | +13.11% |
| 2022 | +0.05% |
| 2021 | +5.35% |
| 2020 (Mar–Dec) | +13.92% |
TRIZX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.1% | −0.9% | +0.7% | +1.4% | +0.6% | — | — | — | — | — | — | — |
| 2025 | +0.7% | +0.3% | −0.2% | 0.0% | +1.8% | +0.9% | +0.8% | +0.6% | +0.6% | +0.5% | +0.5% | +0.9% |
| 2024 | +0.7% | +0.8% | +0.8% | +0.7% | +1.0% | +0.5% | +1.0% | +0.7% | +0.6% | +0.8% | +1.1% | +0.5% |
| 2023 | +2.6% | +0.5% | +0.2% | +0.9% | −0.3% | +2.1% | +1.3% | +1.1% | +0.6% | +0.1% | +1.6% | +1.7% |
| 2022 | +0.2% | −0.5% | +0.1% | +0.2% | −2.3% | −2.3% | +2.5% | +1.3% | −2.1% | +1.1% | +1.3% | +0.5% |
| 2021 | +0.9% | +0.5% | +0.2% | +0.6% | +0.5% | +0.4% | +0.1% | +0.5% | +0.6% | +0.4% | −0.2% | +0.8% |
| 2020 | — | — | −1.1% | +4.2% | +3.2% | +0.1% | +2.3% | +0.8% | +0.3% | +0.2% | +1.9% | +1.3% |
TRIZX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 2.00%
- 3-year Sharpe ratio: 2.34 (vs 4.5% risk-free rate)
- Best month: +2.14% (Jun 2023)
- Worst month: −0.86% (Feb 2026)
TRIZX Fund Flows
Monthly money in and out of T. Rowe Price Floating Rate Fund, from SEC Form N-PORT.
- 12-month net flow: −$85.2M
- 12-month gross sales (incl. reinvestments): $1.5B
- Sales ÷ redemptions: 0.95×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $116.5M | $111.8M | $4.8M |
| Apr 2026 | $121.2M | $139.7M | −$18.5M |
| Mar 2026 | $87.5M | $140.1M | −$52.6M |
| Feb 2026 | $105.6M | $190.1M | −$84.4M |
| Jan 2026 | $140.7M | $134.6M | $6.1M |
| Dec 2025 | $152.4M | $140.4M | $12.0M |
| Nov 2025 | $108.2M | $221.2M | −$113.0M |
| Oct 2025 | $148.7M | $151.5M | −$2.7M |
| Sep 2025 | $130.8M | $105.2M | $25.6M |
| Aug 2025 | $128.7M | $114.5M | $14.2M |
| Jul 2025 | $137.3M | $84.1M | $53.2M |
| Jun 2025 | $141.9M | $71.8M | $70.1M |
TRIZX Assets Under Management
Net assets of T. Rowe Price Floating Rate Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $4.05B |
| 2026-02-28 | $4.08B |
| 2025-11-30 | $4.22B |
| 2025-08-31 | $4.33B |
| 2025-05-31 | $4.18B |
| 2025-02-28 | $4.38B |
| 2024-11-30 | $3.75B |
| 2024-08-31 | $3.61B |
| 2024-05-31 | $3.61B |
| 2024-02-29 | $3.45B |
| 2023-11-30 | $3.34B |
| 2023-08-31 | $3.41B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.