PRCPX vs. JFR
Compare and contrast key facts about T. Rowe Price Credit Opportunities Fund (PRCPX) and Nuveen Floating Rate Income Fund (JFR).
PRCPX is a passively managed fund by T. Rowe Price that tracks the performance of the Bloomberg US High-Yield 2% Issuer Capped Bond Index. It was launched on Apr 29, 2014. JFR is managed by Nuveen. It was launched on Mar 24, 2004.
Performance
PRCPX vs. JFR - Performance Comparison
Loading graphics...
PRCPX vs. JFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRCPX T. Rowe Price Credit Opportunities Fund | -0.13% | 14.80% | 7.46% | 14.90% | -10.50% | 6.36% | 5.55% | 13.77% | -1.44% | 6.80% |
JFR Nuveen Floating Rate Income Fund | -0.82% | -0.68% | 21.92% | 16.61% | -15.15% | 24.66% | -8.05% | 19.65% | -11.69% | 2.94% |
Returns By Period
In the year-to-date period, PRCPX achieves a -0.13% return, which is significantly higher than JFR's -0.82% return. Over the past 10 years, PRCPX has outperformed JFR with an annualized return of 6.83%, while JFR has yielded a comparatively lower 6.13% annualized return.
PRCPX
- 1D
- 0.13%
- 1M
- -1.62%
- YTD
- -0.13%
- 6M
- 3.02%
- 1Y
- 13.68%
- 3Y*
- 10.60%
- 5Y*
- 5.87%
- 10Y*
- 6.83%
JFR
- 1D
- 3.87%
- 1M
- 0.26%
- YTD
- -0.82%
- 6M
- -1.94%
- 1Y
- 0.69%
- 3Y*
- 9.60%
- 5Y*
- 5.55%
- 10Y*
- 6.13%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PRCPX vs. JFR - Expense Ratio Comparison
PRCPX has a 0.81% expense ratio, which is higher than JFR's 0.02% expense ratio.
Return for Risk
PRCPX vs. JFR — Risk / Return Rank
PRCPX
JFR
PRCPX vs. JFR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Credit Opportunities Fund (PRCPX) and Nuveen Floating Rate Income Fund (JFR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| PRCPX | JFR | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.47 | 0.05 | +3.42 |
Sortino ratioReturn per unit of downside risk | 5.52 | 0.16 | +5.36 |
Omega ratioGain probability vs. loss probability | 1.93 | 1.03 | +0.90 |
Calmar ratioReturn relative to maximum drawdown | 4.53 | 0.08 | +4.45 |
Martin ratioReturn relative to average drawdown | 21.08 | 0.26 | +20.81 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PRCPX | JFR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.47 | 0.05 | +3.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.23 | 0.44 | +0.80 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.26 | 0.37 | +0.89 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.88 | 0.27 | +0.61 |
Correlation
The correlation between PRCPX and JFR is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
PRCPX vs. JFR - Dividend Comparison
PRCPX's dividend yield for the trailing twelve months is around 12.89%, less than JFR's 13.47% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRCPX T. Rowe Price Credit Opportunities Fund | 12.89% | 12.19% | 7.03% | 7.88% | 4.89% | 5.11% | 5.36% | 5.18% | 5.72% | 4.95% | 5.88% | 7.58% |
JFR Nuveen Floating Rate Income Fund | 13.47% | 13.03% | 11.43% | 11.51% | 9.61% | 6.66% | 7.19% | 7.19% | 7.95% | 7.23% | 6.38% | 7.03% |
Drawdowns
PRCPX vs. JFR - Drawdown Comparison
The maximum PRCPX drawdown since its inception was -23.07%, smaller than the maximum JFR drawdown of -62.61%. Use the drawdown chart below to compare losses from any high point for PRCPX and JFR.
Loading graphics...
Drawdown Indicators
| PRCPX | JFR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.07% | -62.61% | +39.54% |
Max Drawdown (1Y)Largest decline over 1 year | -3.03% | -11.54% | +8.51% |
Max Drawdown (5Y)Largest decline over 5 years | -14.34% | -20.40% | +6.06% |
Max Drawdown (10Y)Largest decline over 10 years | -23.07% | -47.71% | +24.64% |
Current DrawdownCurrent decline from peak | -1.74% | -4.15% | +2.41% |
Average DrawdownAverage peak-to-trough decline | -3.16% | -8.84% | +5.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.65% | 3.53% | -2.88% |
Volatility
PRCPX vs. JFR - Volatility Comparison
The current volatility for T. Rowe Price Credit Opportunities Fund (PRCPX) is 1.10%, while Nuveen Floating Rate Income Fund (JFR) has a volatility of 4.96%. This indicates that PRCPX experiences smaller price fluctuations and is considered to be less risky than JFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PRCPX | JFR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.10% | 4.96% | -3.86% |
Volatility (6M)Calculated over the trailing 6-month period | 2.52% | 7.07% | -4.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.11% | 13.16% | -9.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.79% | 12.73% | -7.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.45% | 16.65% | -11.20% |