T. Rowe Price Short-Term Bond Fund

 (MUTF:PRWBX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.01%
   
1 week   +0.25%
   
4 week   +0.16%
   
3 month   +0.45%
   
YTD   +1.59%
   
1 year   +1.31%
   
3 years*   +1.07%
   
5 years*   +0.97%
   
*annualized
Best 3 month return+3.31%  
Worst 3 month return-2.97%  

Morningstar statistics

Morningstar category: Short-Term Bond
  Return Risk Rating
3 years Average Average
5 years Average Below Average
10 years Average Below Average
Overall Average Below Average

Key statistics

Total assets4.91B 
Front load-  
Deferred load-  
Expense ratio0.46%  
Management fee-  
Fund familyT. Rowe Price 

Asset allocation

Cash6.09%  
Stocks0.00%  
Bonds92.68%  
Convertible0.52%  
Other0.71%  

Purchase information

Initial$2,500  
Additional$100  
IRA Initial$1,000  
AIP Additional$100  
4.720.00(0.00%)
Oct 12, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks a high level of income consistent with minimal fluctuation in principal value and liquidity. The fund will invest in a diversified portfolio of short- and intermediate-term investment-grade corporate, government, and mortgage-backed securities. It may also invest in money market securities, bank obligations, collateralized mortgage obligations, and foreign securities, including securities of issuers in emerging markets. The fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in bonds. Its average effective maturity will normally not exceed three years.
Fund filings (PDF) »
Asset manager:
Michael Reinartz (Started: Jan 22, 2015)
Advisor Company:
T. Rowe Price Associates, Inc.
Fund family reports on Morningstar »
Dubai International Financial Centre, PO Box 482023, The Gate, Level 15, Office 24, Baltimore MD 21202, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 0.41 0.36 0.35 0.72
Beta* 0.16 0.21 0.21 0.32
Mean annual return 0.09 0.10 0.08 0.20
R-squared* 70.84 52.91 55.99 45.13
Standard deviation 0.64 0.82 0.81 1.58
Sharpe ratio 0.50 1.04 0.92 1.25
* Against standard index

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