The T. Rowe Price Floating Rate Fund, Inc. (PRFRX) is a mutual fund that primarily invests in floating rate loans and other debt securities. These types of investments have variable interest rates that adjust periodically, making them less sensitive to changes in interest rates. This fund aims to provide investors with a steady stream of income while also managing risk through diversification and active management. It may be a suitable option for investors seeking a balance of income and stability in their portfolio.