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 06/30/2015
Volatility and Other Measures
as of 06/30/2015
Beta 1.35
0.73
Standard Deviation 0.87
Credit Quality Diversification1
as of 06/30/2015
% of Total Net Assets
AAA 26.4%
AA 6.4%
A 15.8%
BBB 28.5%
BB 2.9%
B 0.0%
CCC 0.0%
CC 0.0%
Not Rated 0.0%
Reserves 1.6%
US Government Agency Securities 14.8%
US Treasury 3.6%
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 06/30/2015
1.84 years
Weighted Avg. Maturity
as of 07/28/2015
2.45 years
10 Largest Holdings
Represents 8.78 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
FANNIE MAE .875 08/28/2017
FNMA 30 YR 5.500 05/27/2018
FREDDIE MAC .875 10/14/2016
GOLDMAN SACHS GROUP INC 6.250 09/01/2017
MEXICO 7.750 12/14/2017
MORGAN STANLEY 1.128 01/24/2019
TIPS 1.875 07/15/2015
US TREASURY N/B .500 07/31/2017
US TREASURY N/B 1.250 01/31/2020
US TREASURY N/B 1.000 09/15/2017
As of 06/30/2015 the Short-Term Bond Fund had a total of 775 holdings.
Bond Maturity Diversification2
  as of 06/30/2015
% of Total Net Assets
0 - 1 YRS 18.8%
1 - 5 YRS 77.4%
5 - 10 YRS 3.0%
10 + YRS 0.9%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 06/30/2015
% of Total Net Assets
CORPORATE BONDS & NOTES 46.2%
ASSET-BACKED SECURITIES 20.0%
MORTGAGE-BACKED SECURITIES 12.5%
COMMERCIAL MORTGAGE-BACKED SECURITIES (CMBS) 9.9%
GOVERNMENT RELATED 5.0%
U.S. TREASURY BONDS AND NOTES 2.7%
CASH & EQUIVALENTS 1.6%
NON US$ DENOMINATED 1.2%
TREASURY INFLATION-PROTECTED SECURITIES 0.9%
See Glossary for additional details on all data elements.