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 01/31/2016
Volatility and Other Measures
as of 01/31/2016
Beta 1.06
0.63
Standard Deviation 0.85
Credit Quality Diversification1
as of 01/31/2016
% of Total Net Assets
AAA 27.1%
AA 5.8%
A 15.4%
BBB 26.7%
BB 2.8%
B 0.0%
CCC 0.0%
CC 0.0%
Not Rated 0.2%
Reserves 0.3%
US Government Agency Securities 14.4%
US Treasury 7.4%
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 01/31/2016
1.80 years
Weighted Avg. Maturity
as of 02/02/2016
2.11 years
10 Largest Holdings
Represents 10.86 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
FANNIE MAE .875 08/28/2017
FREDDIE MAC .875 10/14/2016
GOLDMAN SACHS GROUP INC 6.250 09/01/2017
MORGAN STANLEY 1.469 01/24/2019
US TREASURY N/B .500 07/31/2017
US TREASURY N/B .625 09/30/2017
US TREASURY N/B 1.625 11/30/2020
US TREASURY N/B 1.000 09/15/2017
US TREASURY N/B 1.250 01/31/2020
US TREASURY N/B .875 10/15/2018
As of 01/31/2016 the Short-Term Bond Fund had a total of 760 holdings.
Bond Maturity Diversification2
  as of 01/31/2016
% of Total Net Assets
0 - 1 YRS 18.4%
1 - 5 YRS 75.6%
5 - 10 YRS 4.5%
10 + YRS 1.5%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 01/31/2016
% of Total Net Assets
CORPORATE BONDS & NOTES 44.7%
ASSET-BACKED SECURITIES 20.2%
MORTGAGE-BACKED SECURITIES 13.1%
COMMERCIAL MORTGAGE-BACKED SECURITIES (CMBS) 9.8%
U.S. TREASURY BONDS AND NOTES 7.4%
GOVERNMENT RELATED 4.5%
CASH & EQUIVALENTS 0.3%
See Glossary for additional details on all data elements.