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 07/31/2015
Beta 1.36
0.72
Standard Deviation 0.85
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 07/31/2015
1.88 years
Weighted Avg. Maturity
as of 08/25/2015
2.45 years
10 Largest Holdings
Represents 8.39 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
FANNIE MAE .875 08/28/2017
FNMA 30 YR 5.500 08/05/2018
FNR 2015-23 FA .491 08/01/2020
FREDDIE MAC .875 10/14/2016
GOLDMAN SACHS GROUP INC 6.250 09/01/2017
MEXICO 7.750 12/14/2017
MORGAN STANLEY 1.143 01/24/2019
US TREASURY N/B 1.250 01/31/2020
US TREASURY N/B 1.000 09/15/2017
US TREASURY N/B .500 07/31/2017
As of 07/31/2015 the Short-Term Bond Fund had a total of 779 holdings.
Bond Maturity Diversification2
  as of 07/31/2015
% of Total Net Assets
0 - 1 YRS 18.7%
1 - 5 YRS 76.8%
5 - 10 YRS 3.1%
10 + YRS 1.5%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 07/31/2015
% of Total Net Assets
CORPORATE BONDS & NOTES 46.9%
ASSET-BACKED SECURITIES 20.6%
MORTGAGE-BACKED SECURITIES 12.6%
COMMERCIAL MORTGAGE-BACKED SECURITIES (CMBS) 10.6%
GOVERNMENT RELATED 5.0%
U.S. TREASURY BONDS AND NOTES 2.8%
NON US$ DENOMINATED 1.0%
CASH & EQUIVALENTS 0.4%
See Glossary for additional details on all data elements.