T. Rowe Price Short Term Bond Fund (PRWBX) Research
The fund primarily invests in a broad array of high-quality, shorter to medium-term fixed-income instruments. These include debt issued by corporations and governments, as well as securities backed by assets and mortgages. It maintains the option to allocate capital to money market instruments, bank-issued obligations, collateralized mortgage obligations, and international securities, even those originating from emerging markets. A fundamental policy dictates that at least 80% of its total net assets, including any leveraged investments, will be held in bonds. Crucially, the portfolio's average effective maturity is generally capped at three years.
Market snapshot
- Symbol
- PRWBX
- Price
- $4.60
- Day change
- 0.00%
- Market cap
- $5.3B
- 52-week range
- 4.6-4.66
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
Peer companies
- Cohen & Steers Realty Shares Fund (CSRSX)
- The Hartford MidCap Fund (HMDCX)
- Carillon Eagle Mid Cap Growth Fund (HRAUX)
- Parnassus Endeavor Fund (PARWX)
- Parnassus Funds - Parnassus Endeavor Fund (PFPWX)
- T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX)
- T. Rowe Price New Era Fund (PRNEX)
- ClearBridge Aggressive Growth Fund (SHRAX)
Open T. Rowe Price Short Term Bond Fund (PRWBX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.