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Morningstar

T. Rowe Price Ultra Short-Term Bond TRBUX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 5.03  /  +0.04 %
  • Total Assets 2.2 Bil
  • Adj. Expense Ratio
    0.310%
  • Expense Ratio 0.310%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 4.39%
  • Effective Duration 0.69 years

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:21 PM GMT+0

Morningstar’s Analysis TRBUX

Will TRBUX 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 TRBUX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

A sound investment process and strong management team underpin T. Rowe Price Ultra Short-Term Bond's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings TRBUX

More TRBUX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bills 0%

1.34 29.3 Mil
Government

International Flavors & Fragrances Inc. 0%

1.18 25.9 Mil
Cash and Equivalents

United States Treasury Bills 0%

1.11 24.4 Mil
Government

Jabil Inc 0%

0.92 20.2 Mil
Cash and Equivalents

OVINTIV INC 0%

0.90 19.7 Mil
Cash and Equivalents

WPP Finance 2010 3.75%

0.88 19.3 Mil
Corporate

OCTANE RECEIVABLES TRUST 2023-3 6.44%

0.86 19.0 Mil
Securitized

Plains All American Pipeline L.P. 0%

0.86 18.8 Mil
Cash and Equivalents

Brighthouse Financial Global Funding 6.14011%

0.82 18.0 Mil
Cash and Equivalents

Edison International 3.55%

0.79 17.4 Mil
Corporate