T Rowe Price Ultra Short-Term Bond Fund I (TRSTX)
5.10
0.00 (0.00%)
USD |
Feb 04 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.20% | 2.704B | -- | 73.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 191.30M | 5.26% |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of income consistent with minimal fluctuations in principal value and liquidity. The Fund normally invests at least 80% of its net assets in bonds and all of the securities purchased by the Fund. The Funds dollar-weighted average effective maturity will be 1.5 years or less. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Short Term |
| Peer Group | Ultra-Short Obligations Funds |
| Global Macro | Bond Short Term |
| US Macro | Short/Intermediate Investment-Grade Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Ultra-Short Obligations Funds |
| Fund Owner Firm Name | T. Rowe Price |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
28
-98.33M
Peer Group Low
897.91M
Peer Group High
1 Year
% Rank:
34
191.30M
-860.82M
Peer Group Low
6.064B
Peer Group High
3 Months
% Rank:
37
-718.91M
Peer Group Low
1.921B
Peer Group High
3 Years
% Rank:
75
-4.556B
Peer Group Low
8.638B
Peer Group High
6 Months
% Rank:
43
-640.50M
Peer Group Low
3.260B
Peer Group High
5 Years
% Rank:
68
-11.88B
Peer Group Low
16.09B
Peer Group High
YTD
% Rank:
28
-98.33M
Peer Group Low
897.91M
Peer Group High
10 Years
% Rank:
21
-6.713B
Peer Group Low
31.43B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of February 05, 2026.
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | 9.60% |
| Stock | 0.00% |
| Bond | 89.68% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.72% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| BRUNSWICK CORPORATION BC 01/08/2026 FIX USD Corporate (Matured) | 1.04% | -- | -- |
| United States of America USGB 3.5 10/31/2027 FIX USD Government | 1.00% | -- | -- |
|
EXETER AUTOMOBILE RECEIVABLES TRUST 212 E SEQ FIX 2.9% 17-JUL-2028
|
0.96% | -- | -- |
|
Japan (Government) 0% 02-FEB-2026
|
0.95% | -- | -- |
| FNMA-New 5.5 07/25/2053 FIX USD Agency | 0.91% | 101.44 | -0.05% |
| HARLEY- DAVIDSON FINANCIAL SERVICES, INC. HARLDAV 01/06/2026 FIX USD Corporate (Matured) | 0.88% | -- | -- |
| Bacardi-Martini B.V. BACABV 01/02/2026 FIX USD Corporate (Matured) | 0.83% | -- | -- |
| Fifth Third Bank, National Association FIFTTHBH 3.85 03/15/2026 FIX USD Corporate | 0.80% | 99.98 | -0.01% |
| LLOYDS BANKING GROUP PLC LBGP 4.65 03/24/2026 FIX USD Corporate | 0.76% | 100.08 | 0.02% |
|
BATTALION CLO LTD 10RRR A1R SEQ FLT 24-JAN-2035
|
0.76% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.16% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 500000.0 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of income consistent with minimal fluctuations in principal value and liquidity. The Fund normally invests at least 80% of its net assets in bonds and all of the securities purchased by the Fund. The Funds dollar-weighted average effective maturity will be 1.5 years or less. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Short Term |
| Peer Group | Ultra-Short Obligations Funds |
| Global Macro | Bond Short Term |
| US Macro | Short/Intermediate Investment-Grade Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Ultra-Short Obligations Funds |
| Fund Owner Firm Name | T. Rowe Price |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (2-3-26) | 4.73% |
| 30-Day SEC Yield (12-31-25) | 4.21% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 482 |
| Bond | |
| Yield to Maturity (12-31-25) | 3.97% |
| Effective Duration | 0.64 |
| Average Coupon | 4.50% |
| Calculated Average Quality | 2.663 |
| Effective Maturity | 6.307 |
| Nominal Maturity | 6.382 |
| Number of Bond Holdings | 438 |
As of December 31, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:TRSTX", "name") |
| Broad Asset Class: =YCI("M:TRSTX", "broad_asset_class") |
| Broad Category: =YCI("M:TRSTX", "broad_category_group") |
| Prospectus Objective: =YCI("M:TRSTX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |