TFLR icon

T. Rowe Price Floating Rate ETF
TFLR

51.98 USD
+0.08
0.15%
At close Jan 22, 4:00 PM EST
1 day
0.15%
5 days
0.25%
1 month
0.70%
3 months
0.25%
6 months
-0.02%
Year to date
0.41%
1 year
0.06%
5 years
3.36%
10 years
3.36%
0
Funds holding %
of 6,823 funds
–
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

350% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 2

86% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 7

28% more funds holding

Funds holding: 25 [Q2] → 32 (+7) [Q3]

21% more capital invested

Capital invested by funds: $38.2M [Q2] → $46.2M (+$7.95M) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

5.97% less ownership

Funds ownership: 32.66% [Q2] → 26.69% (-5.97%) [Q3]

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Research analyst outlook

We haven’t received any recent analyst ratings for TFLR.

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Financial journalist opinion

Negative
Seeking Alpha
9 months ago
Exploring The T. Rowe Price Floating Rate ETF
T. Rowe Price added the T. Rowe Price Floating Rate ETF to their fixed income lineup in late 2022. The ETF invests in non-investment grade floating rate loans and debt. This article reviews the new TFLR ETF and compares it against return and risk data from several other HY debt investment vehicles. TFLR failed to capture higher coupons or yields during the FOMC's rate hikes, but performed well compared to other similar funds. For most investors, TFLR rates a Sell.
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