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Price floating rate fund - prfrx
Old 10-07-2011, 12:22 PM   #1
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Price floating rate fund - prfrx

I am researching floating rate funds. Does anybody out there invest in floating rate funds such as T ROWE PRICE (PRFRX). Also, any comments or suggestions are welcome.

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Old 10-07-2011, 04:30 PM   #2
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I have a position in Fidelity's fund, FFRHX. Seems to be one of the best (the Price fund appears to be too new to have a record). As long as interest rates stay so low, these funds should do pretty well with a reasonable degree of safety.

I thought growing old would take longer.
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Old 10-07-2011, 06:38 PM   #3
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I am not researching them but here is an article that I think explains the basics.

The Intelligent Investor: Will 'Floating Rate' Funds Really Float? -
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