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 12/31/2013
Volatility and Other Measures
as of 02/28/2014
Beta 1.48
0.70
Standard Deviation 0.95
Credit Quality Diversification1
as of 12/31/2013
% of Total Net Assets
AAA 16.6%
AA 6.9%
A 15.8%
BBB 32.9%
BB 0.9%
B 0.0%
CCC 0.0%
CC 0.0%
Not Rated 0.0%
Reserves 3.7%
US Government Agency Securities 19.7%
US Treasury 3.4%
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 02/28/2014
1.63 years
Weighted Avg. Maturity
as of 04/15/2014
2.44 years
10 Largest Holdings
Represents 13.09 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
FANNIE MAE .625 08/26/2016
FANNIE MAE .875 08/28/2017
FREDDIE MAC .875 10/14/2016
Federal National Mortgage Assn. 5.500 10/03/2016
GNR 2012-84 FH .605 09/15/2019
MORGAN STANLEY 1.087 01/24/2019
Mexican Bonos 9.500 12/18/2014
TIPS .500 04/15/2015
U.S. Treasury Inflation Indexed Bonds 2.000 07/15/2014
US TREASURY N/B .750 01/15/2017
As of 03/31/2014 the Short-Term Bond Fund had a total of 731 holdings.
Bond Maturity Diversification2
  as of 02/28/2014
% of Total Net Assets
0 - 1 YRS 20.1%
1 - 5 YRS 74.0%
5 - 10 YRS 4.4%
10 + YRS 1.6%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 02/28/2014
% of Total Net Assets
CORPORATE BONDS & NOTES 52.4%
ASSET-BACKED SECURITIES 13.8%
MORTGAGE-BACKED SECURITIES 13.3%
GOVERNMENT RELATED 7.2%
COMMERCIAL MORTGAGE-BACKED SECURITIES (CMBS) 5.5%
TREASURY INFLATION-PROTECTED SECURITIES 3.4%
U.S. TREASURY BONDS AND NOTES 2.3%
NON US$ DENOMINATED 1.3%
CASH & EQUIVALENTS 0.8%
See Glossary for additional details on all data elements.