T. Rowe Price Short Term Bond Fund (PRWBX)

4.79
Net Asset Value
-0.21%
1 Day
0.00%
Year-to-Date
Overall Morningstar Rating
Short-term bond
Style or Category
No Load
Sales Expenses
0.51%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks a high level of income consistent with minimal fluctuation in principal value and liquidity. The fund will invest in a diversified portfolio of short- and intermediate-term investment-grade corporate, government, and mortgage-backed securities. It may also invest in money market securities, bank obligations, collateralized mortgage obligations, and foreign securities. The fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in bonds. Its average effective maturity will not exceed three years. The fund will only purchase securities that are rated within one of the four highest credit categories.

Performance

1 month+0.15% 3 years+1.45%
3 months+0.37% 5 years+2.81%
1 year+0.47% Since inception+5.48%
Data through --

Peer Comparisonvs. Short-term bond

 PRWBXCategory
Performance 5-yr return+2.81%+3.77%
Expense ratio0.51%0.86%
Risk 5 year sharpe ratio2.081.89
Net assets$6.3B$2.2B
Average market cap----
Average P/E----
Portfolio turnover67%67%

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Fund Management and Purchase Info

Fund familyT. Rowe Price
Fund manager & tenureEdward Wiese / 19 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Fixed income84.44%
Cash15.57%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- FHLMC 0.875%1.70%
-- FNMA 5.5%1.15%
-- FHLBA 0.5%1.07%
-- FNMA 0.625%1.00%
-- FNMA 0.875%0.95%
-- Goldman Sachs Grp Inc Mtn Be 1.6%0.75%
-- GNMA CMO0.71%
-- US Treasury Note 0.5%0.65%
-- FNMA 3%0.57%
-- Amer Tower 4.625%0.54%

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