Morningstar

T. Rowe Price Ultra Short-Term Bond Fund Z Class TRZWX

Rating as of Oct 31, 2026 See T. Rowe Price Investment Hub

NAV / 1-Day Return$5.06 / 0.00
Fund Size$3.3B
Adjusted Expense Ratio0.000%
Net Expense Ratio—
Fee Level: DistributionLow
Share Class TypeInstitutional
Morningstar CategoryUltrashort Bond
Fixed-Income Style Box (Funds)Medium/Limited
Minimum Initial Investment$0
Investment StatusOpen
TTM Yield4.65%
Average Effective Duration0.63 yrs

NAV and 1-Day Return as of Nov 11, 2026, 11:49:23 PM

There is no Morningstar’s Analysis data available.

Portfolio Holdings TRZWX

More TRZWX Holdings

Current Portfolio DateSep 30, 2026
Equity Holdings—
Bond Holdings—
Other Holdings—
% Assets in Top 10 Holdings7.7

Top 10 Holdings	% Portfolio Weight	Market Value USD	Sector
United States Treasury Notes 3.375%	1.47	46M	Government
T. Rowe Price Gov. Reserve	1.30	40M	Cash and Equivalents
Western Midstream Operating	0.97	30M	Cash and Equivalents
United States Treasury Notes 3.5%	0.85	26M	Government
Federal National Mortgage Association 5.5%	0.84	26M	Securitized
Brunswick Corporation 0%	0.81	25M	Cash and Equivalents
Credit Agricole S.A. London Branch 5.23%	0.79	24M	Corporate
Jabil Inc 0%	0.79	24M	Cash and Equivalents
Regal Rexnord Corporation 6.05%	0.78	24M	Corporate
Conagra Brands Inc 0%	0.71	22M	Cash and Equivalents

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