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    T. Rowe Price Short-Term Bond (PRWBX)

    4.73 0.00(0.00%) May 26

    Profile as of Apr 29, 2016Get Profile for:
    T. Rowe Price Short-Term Bond
    T. Rowe Price Short-term Bond Fd, Inc.100 East Pratt StreetBaltimore MD 21202
    Map
    Phone: 800-638-5660
    Fund Overview 
    Category:Short-Term Bond
    Fund Family:T. Rowe Price
    Net Assets:4.88B
    Year-to-Date Return:1.15%
    Yield:1.51%
    Morningstar Rating:3 stars
    Fund Inception Date:Mar 2, 1984
    Morningstar Style Box 
    Short-Term Bond
    [View Category Definition]
    View Top Short-Term Bond Funds
    About the Morningstar Style Box
    Management Information 
    Edward A. Wiese
    Lead Manager since Jan 1, 1995
    Ted Wiese is head of the Fixed Income Division for T. Rowe Price, overseeing fixed income investment management. He is the chairman of the Fixed Income Steering Committee and is a member of the firm's Management Committee. Mr. Wiese also is a portfolio manager in the Fixed Income Division and serves as president and chairman of the Investment Advisory Committees. He is a member of the firm's Finance and Counterparty Risk Committees, as well as a member of the Diversity Advisory Council. Mr. Wiese has started to engage in investment since 1985, all of which have been at T. Rowe Price. He joined the firm in 1984. Mr. Wiese earned a B.A. in geology from Yale University, an M.S. in biotechnology from The Johns Hopkins University, and an M.B.A. in finance from the Tuck School of Business at Dartmouth. He also has earned the Chartered Financial Analyst designation.
    Investment Information 
    Min Initial Investment:2,500
    Min Initial Investment, IRA:1,000
    Min Initial Investment, AIP:2,500
    Min Subsequent Investment:100
    Min Subsequent Investment, IRA:100
    Min Subsequent Investment, AIP:100
    PRWBX can be purchased from 110 brokerages.

    Fund Summary 
    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 Operations 
    Last Dividend (Apr 28, 2016) : 0.01
    Last Cap Gain : 0.00
    Annual Holdings Turnover (May 23, 2016) : 53.20%
    Average for Category:67.26%
    Fees & Expenses 
    ExpensePRWBXCategory Avg
    Annual Report Expense Ratio (net):0.52%0.80%
    Prospectus Net Expense Ratio:0.52%N/A
    Prospectus Gross Expense Ratio:0.52%N/A
    Max 12b1 Fee:0.00%N/A
    Max Front End Sales Load:N/A2.51%
    Max Deferred Sales Load: N/A1.81%
    3 Yr Expense Projection*:167364
    5 Yr Expense Projection*:291599
    10 Yr Expense Projection*:6531,231
    * Per $10,000 invested