Morningstar

T. Rowe Price Ultra Short-Term Bond I TRSTX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 5.08  /  +0.04 %
  • Total Assets 2.2 Bil
  • Adj. Expense Ratio
    0.200%
  • Expense Ratio 0.200%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield 5.07%
  • Effective Duration 0.66 years

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 PM GMT+0

Morningstar’s Analysis TRSTX

Will TRSTX outperform in 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 TRSTX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the TRSTX 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 TRSTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

T. Rowe Price Ultra Short-Term Bond I’s management team is rated Average, but a solid investment process still helps this strategy retain its Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings TRSTX

More TRSTX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bills 0%

1.33 30.0 Mil
Government

Brunswick Corporation 0%

1.01 22.7 Mil
Cash and Equivalents

FMC Corp. 3.2%

0.89 20.1 Mil
Corporate

WPP Finance 2010 3.75%

0.86 19.5 Mil
Cash and Equivalents

QUANTA SVCS INC 0%

0.81 18.3 Mil
Cash and Equivalents

Harley-Davidson Funding Corporation 0%

0.80 18.1 Mil
Cash and Equivalents

Edison International 3.55%

0.78 17.5 Mil
Cash and Equivalents

Voya Financial Inc 3.65%

0.77 17.4 Mil
Corporate

V.F. Corp 2.4%

0.77 17.3 Mil
Corporate

Volkswagen Group of America Finance LLC 6%

0.77 17.3 Mil
Corporate

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