Morningstar

T. Rowe Price Short-Term Bond Fund PRWBX

Morningstar Medalist Rating
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Medalist Rating as of See T. Rowe Price Investment Hub
  • NAV / 1-Day Return $4.55  /  0.00
  • Fund Size $5.3B
  • Adjusted Expense Ratio 0.480%
  • Net Expense Ratio 0.480%
  • Fee Level: Distribution Average
  • Share Class Type No Load
  • Morningstar Category Short-Term Bond
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 4.22%
  • Average Effective Duration 1.87 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis PRWBX

Will PRWBX outperform in the 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 PRWBX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PRWBX 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 PRWBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

T. Rowe Price Short-Term Bond holds a quantitatively derived Bronze Morningstar Medalist Rating. The rating reflects that it has scored better than the norm on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
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Portfolio Holdings PRWBX

More PRWBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 25.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 3.75%

11.06 591M
Government

United States Treasury Notes 4%

3.71 198M
Government

United States Treasury Notes 4.125%

3.32 177M
Government

T. Rowe Price Gov. Reserve

2.38 127M
Cash and Equivalents

United States Treasury Notes 3.875%

1.87 100M
Government

United States Treasury Notes 4.25%

1.81 97M
Government

United States Treasury Notes 3.875%

1.47 78M
Government

United States Treasury Notes 4.125%

0.86 46M
Government

Medline Borrower LP 3.875%

0.51 27M
Corporate

Heineken N.V. 3.5%

0.44 24M
Corporate

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