T. Rowe Price Floating Rate ETF
T. Rowe Price Floating Rate ETF (AMEX: TFLR) is an exchange-traded fund listed on NYSE Arca, trading at $50.41 (about ₹4,735 a unit) as of 9 Nov 2026, 4:00 PM ET. It has an expense ratio of 0.61% and holds 331 securities. Indian residents can buy TFLR through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$50.34
Today's high
$50.41
52 week low
$49.77
52 week high
$51.68
TFLR opened at $50.36, closed previously at $50.41, and has traded between $49.77 and $51.68 over the past 52 weeks.
About
The primary goal of this fund is to generate a robust stream of current income. A secondary objective is to achieve growth in its overall asset value.
Key statistics
Expense ratio
0.61%
Assets (AUM)
$912.2M
Holdings
331
NAV
$50.12
Avg. volume
135.56K
1-year price change
-1.96%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
TFLR holds 331 securities in total. These 10 are 13.9% of the fund.
How to buy TFLR from India
Indian residents can buy TFLR units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in TFLR from India
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search TFLR and buy
Find the fund by its ticker, TFLR, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Track holdings and download tax reports
Follow your TFLR position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying TFLR from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
FAQs
What is the TFLR price today?
T. Rowe Price Floating Rate ETF (TFLR) last traded at $50.41 on NYSE Arca, as of 9 Nov 2026, 4:00 PM ET. That is ₹4,735 a unit at the 9 Nov 2026 USD/INR rate.
When does TFLR trade, in Indian time?
NYSE Arca trades 8:00 pm – 2:30 am IST, so the close lands after midnight. The window shifts to 7:00 pm – 1:30 am IST when the US is on daylight time. Orders can only execute during that window.
How big is TFLR, and what does it cost to hold?
T. Rowe Price Floating Rate ETF manages about $912.2M. Its expense ratio is 0.61% a year, deducted inside the fund. It launched in 2022.
What are TFLR's largest holdings?
The top three are Cash/Cash equivalent USD (2.8%), HUB INTERNATIONAL LIMITED 2025 TERM LOAN B (1.4%) and ENGINEERED MACHINERY HLDG INC 2026 USD TERM LOAN B (1.4%). TFLR's 10 largest positions make up 13.9% of the fund.
Does TFLR pay dividends?
Yes. TFLR is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on TFLR taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of TFLR?
Yes. You can buy TFLR by amount rather than by whole unit, and there is no minimum trade size.
How has TFLR performed?
TFLR's price is down 2.0% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.