Morningstar

T. Rowe Price Short-Term Bond Fund I Class TBSIX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 4.55  /  0.00
  • Total Assets 5.3B
  • Adj. Expense Ratio
    0.330%
  • Expense Ratio 0.330%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield 4.38%
  • Effective Duration 1.89 years

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:11 AM GMT+0

Morningstar’s Analysis TBSIX

Will TBSIX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TBSIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the TBSIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of TBSIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

T. Rowe Price Short-Term Bond I holds a quantitatively derived Silver Morningstar Medalist Rating. The rating reflects that it has scored well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
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Portfolio Holdings TBSIX

More TBSIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 25.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 3.75%

11.06 591M
Government

United States Treasury Notes 4%

3.71 198M
Government

United States Treasury Notes 4.125%

3.32 177M
Government

T. Rowe Price Gov. Reserve

2.38 127M
Cash and Equivalents

United States Treasury Notes 3.875%

1.87 100M
Government

United States Treasury Notes 4.25%

1.81 97M
Government

United States Treasury Notes 3.875%

1.47 78M
Government

United States Treasury Notes 4.125%

0.86 46M
Government

Medline Borrower LP 3.875%

0.51 27M
Corporate

Heineken N.V. 3.5%

0.44 24M
Corporate

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