Skip to Content
Morningstar

T. Rowe Price Short-Term Bond Advisor PASHX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 4.59  /  +0.25 %
  • Total Assets 4.7 Bil
  • Adj. Expense Ratio
    0.740%
  • Expense Ratio 0.740%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 3.37%
  • Effective Duration 1.93 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis PASHX

Will PASHX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PASHX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PASHX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PASHX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A solid short-term bond option but room for improvement.

Senior Analyst Paul Olmsted

Paul Olmsted

Senior Analyst

Summary

T. Rowe Price Short-Tem Bond’s conservative mandate is reliable but doesn’t distinguish itself from short-term rivals. They’re not standing pat though, with a newly named securitized-focused comanager and greater emphasis on rates strategies.

by Paul Olmsted
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PASHX

More PASHX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 23.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.625%

4.97 233.5 Mil
Government

United States Treasury Notes 4.875%

4.94 232.1 Mil
Government

United States Treasury Notes 4.5%

4.92 230.9 Mil
Government

United States Treasury Notes 4.875%

4.77 224.1 Mil
Government

United States Treasury Notes 2.375%

1.00 47.2 Mil
Government

Fnma Pass-Thru I 6%

0.51 23.8 Mil
Securitized

Federal Home Loan Mortgage Corp. 6%

0.50 23.5 Mil
Securitized

Fnma Pass-Thru I 6.5%

0.48 22.5 Mil
Securitized

Tiaa Clo I Ltd 6.57456%

0.48 22.4 Mil
Securitized

T. Rowe Price Gov. Reserve

0.47 22.3 Mil
Cash and Equivalents