# T. Rowe Price Floating Rate ETF (TFLR) — Overview

TFLR · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/tflr

## Price

Last close $50.44 on Oct 15, 2026. 52-week range $50.02 – $51.67.

## Fund profile

TFLR is actively managed to invest in a broad portfolio of USD-denominated floating-rate loans. The portfolio predominantly holds high-yield securities.

| Metric | Value |
| --- | --- |
| Issuer | T. Rowe Price Associates, Inc. |
| Industry | — |
| Inception | Nov 16, 2022 |
| Assets under management | $860.1M |
| Expense ratio | 0.61% |
| Net asset value | $50.15 (as of Oct 14, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is T. Rowe Price Floating Rate ETF (TFLR)?

TFLR is actively managed to invest in a broad portfolio of USD-denominated floating-rate loans. The portfolio predominantly holds high-yield securities.

### What is TFLR's expense ratio?

T. Rowe Price Floating Rate ETF charges an annual expense ratio of 0.61%. The fund is issued by T. Rowe Price Associates, Inc..

### How large is TFLR?

T. Rowe Price Floating Rate ETF manages $860.1M in assets and has traded since Nov 16, 2022.

### How do I buy shares of T. Rowe Price Floating Rate ETF (TFLR)?

TFLR trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

---

Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).