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T. Rowe Price Short-Term Bond Fund (PRWBX)

Nasdaq - Nasdaq Delayed Price. Currency in USD
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4.85000.0000 (0.00%)
At close: 8:01PM EST

T. Rowe Price Short-Term Bond Fund

T. Rowe Price Short-term Bond Fd, Inc.

100 East Pratt Street

Baltimore MD 21202

800-638-5660
Management Information
Michael F Reinartz,Lead Manager since January 21, 2015
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
Morningstar Style Box
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Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryShort-Term Bond
Fund FamilyT. Rowe Price
Net Assets5.83B
YTD Return4.54%
Yield1.91%
Morningstar Rating★★★
Inception DateMar 1, 1984

Fund Operations

Last Dividend0.01
Last Cap Gain0.00
Holdings Turnover70.20%
Average for CategoryN/A

Fees & Expenses

ExpensePRWBXCategory Average
Annual Report Expense Ratio (net)0.44%0.72%
Prospectus Net Expense Ratio0.44%N/A
Prospectus Gross Expense Ratio0.44%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/A2.43%
Max Deferred Sales LoadN/A1.12%
3 Yr Expense Projection141N/A
5 Yr Expense Projection246N/A
10 Yr Expense Projection555N/A