T. Rowe Price Short-Term Bond Fund (PRWBX)
Ticker Symbol:
PRWBX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Composition
Asset Allocation
as of 09/30/2014
Volatility and Other Measures
as of 10/31/2014
Beta 1.54
0.69
Standard Deviation 0.85
Credit Quality Diversification1
as of 09/30/2014
% of Total Net Assets
AAA 20.2%
AA 5.6%
A 15.0%
BBB 33.0%
BB 1.7%
B 0.0%
CCC 0.0%
CC 0.0%
Not Rated 0.0%
Reserves 2.2%
US Government Agency Securities 15.2%
US Treasury 7.0%
1Sources: Moody's Investors Service; if Moody's does not rate a security, then Standard & Poor's (S&P) is used as a secondary source. When available, T. Rowe Price will use Fitch for securities that are not rated by Moody's or S&P.

U.S. Treasury securities are issued by the U.S. Treasury and are backed by the full faith and credit of the U.S. government. The ratings of U.S Treasury securities are derived from the ratings on the U.S. government.
Weighted Avg. Effective Duration
as of 10/31/2014
1.82 years
Weighted Avg. Maturity
as of 12/16/2014
2.45 years
10 Largest Holdings
Represents 12.16 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
FANNIE MAE .875 08/28/2017
FNMA 30 YR 5.500 08/12/2017
FREDDIE MAC .875 10/14/2016
MEXICO 9.500 12/18/2014
MORGAN STANLEY 1.083 01/24/2019
TIPS .125 04/15/2017
TIPS 1.875 07/15/2015
US TREASURY N/B .500 07/31/2017
US TREASURY N/B .750 01/15/2017
US TREASURY N/B 1.000 09/15/2017
As of 09/30/2014 the Short-Term Bond Fund had a total of 770 holdings.
Bond Maturity Diversification2
  as of 10/31/2014
% of Total Net Assets
0 - 1 YRS 17.9%
1 - 5 YRS 77.7%
5 - 10 YRS 3.1%
10 + YRS 1.2%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 10/31/2014
% of Total Net Assets
CORPORATE BONDS & NOTES 49.8%
ASSET-BACKED SECURITIES 16.7%
MORTGAGE-BACKED SECURITIES 11.6%
COMMERCIAL MORTGAGE-BACKED SECURITIES (CMBS) 7.4%
GOVERNMENT RELATED 5.1%
U.S. TREASURY BONDS AND NOTES 4.4%
TREASURY INFLATION-PROTECTED SECURITIES 3.4%
NON US$ DENOMINATED 1.2%
CASH & EQUIVALENTS 0.5%
See Glossary for additional details on all data elements.