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
View the Complete Portfolio of Investments
Asset Allocation
as of 03/31/2013
Volatility and Other Measures
as of 04/30/2013
Beta 1.25
R² 0.66
Standard Deviation 0.93
Credit Quality Diversification1
as of 03/31/2013
% of Total Net Assets
AAA 17.2%
AA 8.2%
A 16.5%
BBB 28.8%
BB 1.0%
B 0.0%
CCC 0.0%
CC 0.0%
NOT RATED 0.0%
RESERVES 3.7%
US GOVERNMENT AGENCY SECURITIES 22.3%
US Treasury 2.4%
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. government agency securities are issued or guaranteed by a U.S. government agency, and may include conventional pass-through securities and collateralized mortgage obligations; unlike Treasuries, government agency securities are not issued directly by the U.S. government and are generally unrated but may have credit support from the U.S. Treasury (e.g., FHLMC and FNMA issues) or a direct government guarantee (e.g., GNMA issues). Therefore, this category may include rated and unrated securities.

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 04/30/2013
1.71 years
Weighted Avg. Maturity
as of 05/21/2013
2.48 years
10 Largest Holdings
Represents 9.84 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
FANNIE MAE .875 08/28/2017
FANNIE MAE .750 12/19/2014
FEDERAL HOME LOAN BANK .500 11/20/2015
FREDDIE MAC .875 10/28/2013
Federal National Mortgage Assn. 5.500 12/29/2014
Federal National Mortgage Assn. 2.500 02/19/2018
GNR 2012-84 FH .650 01/27/2017
GOLDMAN SACHS GROUP INC 1.600 11/23/2015
IBM CORP .273 02/04/2015
U.S. Treasury Inflation Indexed Bonds 1.875 07/15/2013
As of 03/31/2013 the Short-Term Bond Fund had a total of 722 holdings.
Bond Maturity Diversification2
  as of 04/30/2013
% of Total Net Assets
0 - 1 YRS 19.6%
1 - 5 YRS 76.4%
5 - 10 YRS 2.7%
10 + YRS 1.3%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 04/30/2013
% of Total Net Assets
CORPORATE BONDS & NOTES 53.1%
MORTGAGE-BACKED SECURITIES 16.3%
ASSET-BACKED SECURITIES 13.5%
GOVERNMENT RELATED 6.1%
COMMERCIAL MORTGAGE-BACKED SECURITIES (CMBS) 4.9%
CASH & EQUIVALENTS 3.2%
TREASURY INFLATION-PROTECTED SECURITIES 2.3%
NON US$ DENOMINATED 0.6%
U.S. TREASURY BONDS AND NOTES 0.0%
See Glossary for additional details on all data elements.