T. Rowe Price Short Term Bond Fund (PRWBX) is a publicly traded company in the Financial Services sector, operating within the Asset Management - Bonds industry. The company is headquartered in Baltimore, MD, United States.
PRWBX has IPO date of 1984-03-02, listed on the NASDAQ, a market capitalization of $4.9B.
T. Rowe Price Short Term Bond Fund is a fixed-income investment fund that seeks to provide current income while preserving capital through a diversified portfolio of short- and intermediate-term investment-grade securities. The fund invests in corporate bonds, government securities, asset-backed securities, and mortgage-backed securities, with the flexibility to also hold money market instruments, bank obligations, and foreign securities including emerging market debt. At least 80% of the fund's net assets are committed to bonds, while the portfolio maintains an average effective maturity of no more than three years, positioning it as a conservative option for investors seeking lower interest rate risk and relative stability.
