Home
Guide
Picks
High Yield
Dates
Monthly
Screener
Resources
ESG
Retire
Channels
Continue to site >
Trending ETFs

T. Rowe Price Short-Term Bond Fund, Inc.

mutual fund
PRWBX
Payout Change
Pending
Price as of:
$4.59 +0.0 +0.0%
primary theme
U.S. Short-Term Bond Duration
share class
Z (TRZOX) Other (PRWBX) I (TBSIX) Adv (PASHX)
PRWBX (Mutual Fund)

T. Rowe Price Short-Term Bond Fund, Inc.

Payout Change
Pending
Price as of:
$4.59 +0.0 +0.0%
primary theme
U.S. Short-Term Bond Duration
share class
Z (TRZOX) Other (PRWBX) I (TBSIX) Adv (PASHX)
PRWBX (Mutual Fund)

T. Rowe Price Short-Term Bond Fund, Inc.

Payout Change
Pending
Price as of:
$4.59 +0.0 +0.0%
primary theme
U.S. Short-Term Bond Duration
share class
Z (TRZOX) Other (PRWBX) I (TBSIX) Adv (PASHX)

Name

As of 12/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

T. Rowe Price Short-Term Bond Fund, Inc.

PRWBX | Fund

$4.59

$4.67 B

4.05%

$0.19

0.47%

Vitals

YTD Return

4.5%

1 yr return

4.8%

3 Yr Avg Return

1.6%

5 Yr Avg Return

1.8%

Net Assets

$4.67 B

Holdings in Top 10

22.9%

52 WEEK LOW AND HIGH

$4.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.47%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 49.40%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$2,500

IRA

$1,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

T. Rowe Price Short-Term Bond Fund, Inc.

PRWBX | Fund

$4.59

$4.67 B

4.05%

$0.19

0.47%

PRWBX - Profile

Distributions

  • YTD Total Return 4.5%
  • 3 Yr Annualized Total Return 1.6%
  • 5 Yr Annualized Total Return 1.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.56%
DIVIDENDS
  • Dividend Yield 4.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    T. Rowe Price Short-Term Bond Fund, Inc.
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    Mar 02, 1984
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Reinartz

PRWBX - Performance

Return Ranking - Trailing

Period PRWBX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.5% -0.9% 18.3% 58.16%
1 Yr 4.8% -0.5% 19.2% 50.10%
3 Yr 1.6%* -5.7% 5.4% 47.95%
5 Yr 1.8%* -4.2% 5.0% 44.86%
10 Yr 1.8%* -18.7% 170.5% 47.56%

* Annualized

Return Ranking - Calendar

Period PRWBX Return Category Return Low Category Return High Rank in Category (%)
2023 1.8% -1.6% 7.6% 52.88%
2022 -6.3% -17.7% -2.6% 30.33%
2021 -1.4% -4.0% 4.4% 35.61%
2020 2.5% -7.1% 7.6% 31.89%
2019 1.7% -2.3% 9.3% 64.89%

Total Return Ranking - Trailing

Period PRWBX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.5% -0.9% 18.3% 58.16%
1 Yr 4.8% -0.5% 19.2% 50.10%
3 Yr 1.6%* -5.7% 5.4% 47.95%
5 Yr 1.8%* -4.2% 5.0% 44.86%
10 Yr 1.8%* -18.7% 170.5% 47.56%

* Annualized

Total Return Ranking - Calendar

Period PRWBX Return Category Return Low Category Return High Rank in Category (%)
2023 5.1% 1.8% 15.2% 66.92%
2022 -4.5% -17.3% -1.3% 41.10%
2021 -0.2% -2.7% 7.7% 56.94%
2020 4.5% -2.4% 14.5% 40.95%
2019 4.5% 0.6% 12.6% 53.62%

NAV & Total Return History

PRWBX - Holdings

Concentration Analysis

PRWBX Category Low Category High PRWBX % Rank
Net Assets 4.67 B 14.5 K 58.2 B 20.31%
Number of Holdings 899 2 7413 22.22%
Net Assets in Top 10 1.08 B 1.05 M 6.81 B 26.63%
Weighting of Top 10 22.95% 2.0% 108.1% 59.20%

Top 10 Holdings

  1. UNITED STATES TREASURY NOTE/BOND 4.95%
  2. UNITED STATES TREASURY NOTE/BOND 4.92%
  3. UNITED STATES TREASURY NOTE/BOND 4.87%
  4. UNITED STATES TREASURY NOTE/BOND 4.81%
  5. T. Rowe Price Government Reserve Fund 0.97%
  6. FREDDIE MAC POOL 0.51%
  7. FANNIE MAE POOL 0.51%
  8. HEINEKEN NV 0.50%
  9. FANNIE MAE POOL 0.48%
  10. ABBVIE INC 0.44%

Asset Allocation

Weighting Return Low Return High PRWBX % Rank
Bonds 		87.42% 0.00% 131.65% 47.89%
Other 		11.58% -0.97% 73.75% 42.91%
Convertible Bonds 		1.88% 0.00% 27.71% 58.16%
Cash 		1.23% -20.59% 68.64% 70.11%
Stocks 		0.00% 0.00% 99.96% 95.98%
Preferred Stocks 		0.00% 0.00% 24.12% 97.89%

Bond Sector Breakdown

Weighting Return Low Return High PRWBX % Rank
Corporate 		40.82% 0.00% 99.82% 45.87%
Securitized 		29.68% 0.00% 97.27% 35.32%
Government 		25.57% 0.00% 73.63% 36.47%
Cash & Equivalents 		1.23% 0.00% 68.64% 63.22%
Municipal 		0.35% 0.00% 14.41% 21.88%
Derivative 		0.04% -0.72% 21.34% 31.80%

Bond Geographic Breakdown

Weighting Return Low Return High PRWBX % Rank
US 		87.42% 0.00% 126.86% 44.44%
Non US 		0.00% 0.00% 87.70% 96.93%

PRWBX - Expenses

Operational Fees

PRWBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.47% 0.01% 3.29% 73.08%
Management Fee 0.30% 0.00% 1.19% 47.13%
12b-1 Fee N/A 0.00% 1.00% 20.05%
Administrative Fee 0.15% 0.01% 0.41% 82.94%

Sales Fees

PRWBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.50% 4.00% N/A

Trading Fees

PRWBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PRWBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 49.40% 2.00% 500.00% 31.39%

PRWBX - Distributions

Dividend Yield Analysis

PRWBX Category Low Category High PRWBX % Rank
Dividend Yield 4.05% 0.00% 11.11% 63.98%

Dividend Distribution Analysis

PRWBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

PRWBX Category Low Category High PRWBX % Rank
Net Income Ratio 1.56% -1.27% 4.98% 26.32%

Capital Gain Distribution Analysis

PRWBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

PRWBX - Fund Manager Analysis

Managers

Michael Reinartz

Start Date

Tenure

Tenure Rank

Jan 22, 2015

7.36

7.4%

Michael Reinartz is a portfolio manager in the Fixed Income Division at T. Rowe Price. He is a member of the U.S. Taxable Low Duration team and co-portfolio manager of the Short-Term Bond Fund and the Limited-Term Bond Portfolio. Mr. Reinartz is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc. Mr. Reinartz has started to engage in investment since 2001, all of which have been at T. Rowe Price. He joined the firm in 1996. Prior to his current position, Mr. Reinartz was a member of the Short-Term Bond, Strategic Income, and Quantitative Research teams and provided portfolio modeling and analysis support to portfolio managers. He also worked as a senior mutual fund accountant and investment liaison in the Fixed Income Division. Mr. Reinartz earned a B.S. in accounting from Towson University, and he also has earned the Chartered Financial Analyst designation

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 28.77 6.16 2.41

Advertisement

×

Wait! Rates are rising, is your portfolio ready?

×