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Morningstar

T. Rowe Price Short-Term Bond PRWBX

Morningstar Analyst Rating
Analyst rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 4.54  /  0.23 %
  • Total Assets 4.8 Bil
  • Adj. Expense Ratio
    0.440%
  • Expense Ratio 0.430%
  • Distribution Fee Level Below Average
  • 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 1.88%
  • Effective Duration 1.85 years

USD | NAV as of Feb 02, 2023 | 1-Day Return as of Feb 02, 2023, 11:16 PM GMT+00:00

Morningstar’s Analysis PRWBX

Will PRWBX 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 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.

Vast resources and a sensible approach underpin this diversified short-term offering.

Senior Analyst

Summary

| by Paul Olmsted

T. Rowe Price Short-Term Bond’s tenured manager and considerable supporting resources execute this straightforward process; its institutional shares earn a Morningstar Analyst Rating of Bronze, while its more expensive shares are rated Neutral.

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