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  /  −0.22%
  • Fund Size$5.3B
  • Adjusted Expense Ratio0.480%
  • Net Expense Ratio0.480%
  • Fee Level: DistributionAverage
  • Share Class TypeNo Load
  • Morningstar CategoryShort-Term Bond
  • Fixed-Income Style Box (Funds)Medium/Limited
  • Minimum Initial Investment$2,500
  • Investment StatusOpen
  • TTM Yield4.22%
  • Average Effective Duration1.95 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 Holdings26.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 3.75%

10.95574M
Government

United States Treasury Notes 4%

3.75196M
Government

United States Treasury Notes 4.125%

3.35176M
Government

United States Treasury Notes 4.125%

2.24117M
Government

United States Treasury Notes 3.875%

1.8999M
Government

United States Treasury Notes 4.25%

1.8396M
Government

T. Rowe Price Gov. Reserve

1.2063M
Cash and Equivalents

U.S. Treasury Notes

0.6433M
Government

Medline Borrower LP 3.875%

0.5127M
Corporate

Heineken N.V. 3.5%

0.4524M
Corporate

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