T. Rowe Price Floating Rate ETF (TFLR)Bank Loan | Exchange Traded Fund | NYSEArca
50.61 USD
-0.03
(-0.058%) ⇩
(July 13, 2026, 3:59 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:25 a.m. EDT
The floating-rate structure provides a compelling defensive floor against bond price volatility, yet the asset is currently trapped in a sideways channel with negligible momentum. Over the last two years, the price has barely budged, rising just 1.3% despite a recent dip in annual returns, suggesting the market sees limited capital appreciation potential in this specific credit slice. While the headline yield of nearly 6.8% looks attractive, the recent dividend stream shows a distinct deceleration, dropping from highs around $0.36 in early 2024 to roughly $0.26 in mid-2026, indicating that the underlying floating rates may be stabilizing or declining rather than surging. This erosion in income growth, combined with the lack of price elasticity, makes it difficult to build a strong case for either aggressive short-term speculation or a transformative long-term hold, leaving it as a neutral, income-focused holding. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.002555 |
| AutoETS | 0.002679 |
| MSTL | 0.002866 |
| AutoARIMA | 0.004143 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 80% |
| H-stat | 3.95 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.208 |
| Excess Kurtosis | -0.19 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.51% | 6.65% | 7.45% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-25 | 0.256 | 0.507977 |
| 2026-05-26 | 0.271 | 0.534411 |
| 2026-04-27 | 0.266 | 0.522902 |
| 2026-03-26 | 0.287 | 0.570406 |
| 2026-02-24 | 0.255 | 0.505331 |
| 2026-01-27 | 0.274 | 0.534061 |
| 2025-12-23 | 0.285 | 0.555393 |
| 2025-11-24 | 0.298 | 0.581237 |
| 2025-10-28 | 0.303 | 0.590126 |
| 2025-09-25 | 0.309 | 0.600525 |
| 2025-08-26 | 0.296 | 0.575932 |
| 2025-07-28 | 0.297 | 0.576542 |
| 2025-06-25 | 0.293 | 0.571039 |
| 2025-05-27 | 0.305 | 0.595354 |
| 2025-04-25 | 0.300 | 0.591716 |
| 2025-03-26 | 0.313 | 0.611806 |
| 2025-02-25 | 0.271 | 0.525805 |
| 2025-01-28 | 0.291 | 0.562645 |
| 2024-12-23 | 0.394 | 0.763270 |
| 2024-11-25 | 0.320 | 0.617344 |
| 2024-10-28 | 0.326 | 0.630927 |
| 2024-09-25 | 0.342 | 0.663949 |
| 2024-08-27 | 0.354 | 0.687779 |
| 2024-07-26 | 0.362 | 0.700871 |
| 2024-06-25 | 0.351 | 0.680958 |
| 2024-05-24 | 0.357 | 0.690522 |
| 2024-04-24 | 0.352 | 0.682832 |
| 2024-03-22 | 0.359 | 0.697087 |
| 2024-02-23 | 0.344 | 0.666925 |
| 2024-01-25 | 0.367 | 0.711254 |
| 2023-12-22 | 0.395 | 0.767661 |
| 2023-11-24 | 0.361 | 0.708746 |
| 2023-10-25 | 0.381 | 0.754829 |
| 2023-09-25 | 0.392 | 0.767739 |
| 2023-08-25 | 0.272 | 0.533354 |
| 2023-07-25 | 0.263 | 0.516081 |
| 2023-06-26 | 0.317 | 0.627102 |
| 2023-05-24 | 0.339 | 0.680026 |
| 2023-04-24 | 0.329 | 0.652584 |
| 2023-03-27 | 0.331 | 0.663779 |
| 2023-02-22 | 0.316 | 0.625817 |
| 2023-01-25 | 0.305 | 0.603065 |
| 2022-12-23 | 0.269 | 0.539186 |
| 2022-11-23 | 0.022 | 0.044000 |
| Attribute | Value |
|---|---|
| All Time High | 52.4 |
| All Time Low | 48.65 |
| Ask | 78.97 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 77,430 |
| Average Daily Volume3 Month | 82,381 |
| Average Volume | 82,381 |
| Average Volume10Days | 77,430 |
| Beta3 Year | 0.05 |
| Bid | 0.0 |
| Bid Size | 300 |
| Category | Bank Loan |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 50.669 |
| Day Low | 50.6 |
| Dividend Yield | 6.76 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 50.73368 |
| Fifty Day Average Change | -0.123680115 |
| Fifty Day Average Change Percent | -0.0024378304 |
| Fifty Two Week Change Percent | -2.0692348 |
| Fifty Two Week High | 51.903 |
| Fifty Two Week High Change | -1.2929993 |
| Fifty Two Week High Change Percent | -0.024911841 |
| Fifty Two Week Low | 49.77 |
| Fifty Two Week Low Change | 0.84000015 |
| Fifty Two Week Low Change Percent | 0.01687764 |
| Fifty Two Week Range | 49.77 - 51.903 |
| First Trade Date Milliseconds | 1,668,781,800,000 |
| Full Exchange Name | NYSEArca |
| Fund Family | T. Rowe Price |
| Fund Inception Date | 1,668,556,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund will normally invest at least 80% of its net assets (plus any borrowings for investment purposes) in floating rate loans and floating rate debt securities. Most assets are typically invested in U.S. dollar-denominated floating rate loans and debt instruments, including U.S. dollar-denominated bonds or loans of foreign issuers or lenders. The fund may also invest up to 20% of its total assets in non-U.S. dollar-denominated investments. |
| Long Name | T. Rowe Price Floating Rate ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1788710499 |
| Nav Price | 50.48 |
| Net Assets | 649,046,980.0 |
| Net Expense Ratio | 0.61 |
| Open | 50.64 |
| Phone | 410-345-2000 |
| Previous Close | 50.6395 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.0294991 |
| Regular Market Change Percent | -0.058253 |
| Regular Market Day High | 50.669 |
| Regular Market Day Low | 50.6 |
| Regular Market Day Range | 50.6 - 50.669 |
| Regular Market Open | 50.64 |
| Regular Market Previous Close | 50.6395 |
| Regular Market Price | 50.61 |
| Regular Market Time | 1,783,972,771 |
| Regular Market Volume | 36,625 |
| Short Name | T. Rowe Price Floating Rate ETF |
| Source Interval | 15 |
| Symbol | TFLR |
| Three Year Average Return | 0.0730519 |
| Total Assets | 649,046,976 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 1.5803 |
| Trailing Three Month Returns | 1.5803 |
| Triggerable | 1 |
| Two Hundred Day Average | 51.04583 |
| Two Hundred Day Average Change | -0.43582916 |
| Two Hundred Day Average Change Percent | -0.0085379975 |
| Type Disp | ETF |
| Volume | 36,625 |
| Yield | 0.067600004 |
| Ytd Return | 1.234 |