T Rowe Price Ultra Short-Term Bond Fund Z (TRZWX)
5.07
0.00 (0.00%)
USD |
Sep 15 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.00% | 3.058B | -- | 86.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 366.21M | 4.37% |
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:
35
-202.07M
Peer Group Low
1.274B
Peer Group High
1 Year
% Rank:
28
366.21M
-4.409B
Peer Group Low
8.747B
Peer Group High
3 Months
% Rank:
29
-8.310B
Peer Group Low
3.031B
Peer Group High
3 Years
% Rank:
34
-2.078B
Peer Group Low
14.13B
Peer Group High
6 Months
% Rank:
24
-7.389B
Peer Group Low
5.850B
Peer Group High
5 Years
% Rank:
72
-10.33B
Peer Group Low
18.23B
Peer Group High
YTD
% Rank:
24
-6.102B
Peer Group Low
6.724B
Peer Group High
10 Years
% Rank:
18
-3.765B
Peer Group Low
12.14B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of September 16, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | 8.94% |
| Stock | 0.00% |
| Bond | 91.75% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -0.70% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| United States of America USGB 3.375 02/29/2028 FIX USD Government | 1.52% | 98.31 | -0.02% |
| BRUNSWICK CORPORATION BC 07/07/2026 FIX USD Corporate (Matured) | 0.96% | 99.99 | 0.04% |
|
FNMA (Federal National Mortgage Association) 5.500% 01-Feb-2053
|
0.94% | -- | -- |
| United States of America USGB 3.5 10/31/2027 FIX USD Government | 0.87% | 98.93 | 0.00% |
| FNMA-New 5.5 07/25/2053 FIX USD Agency | 0.71% | 97.91 | -0.05% |
| JPMorgan Chase & Co. JPM 2.947 02/24/2028 FLT USD Corporate '27 | 0.69% | 99.22 | 0.01% |
| Humana Inc. HUM 07/06/2026 FIX USD Corporate (Matured) | 0.67% | 99.97 | 0.01% |
|
BATTALION CLO LTD 10RRR A1R SEQ FLT 4.80802% 24-JAN-2035
|
0.60% | -- | -- |
| ONEOK, INC. OKE 07/10/2026 FIX USD Corporate (Matured) | 0.60% | 99.99 | 0.01% |
| VIDEOTRON LTEE VDO-Videotron 07/16/2026 FIX USD Corporate (Matured) | 0.59% | 99.99 | 0.01% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | -- |
| 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 | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
TTM Distributions
| Type | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of August 31, 2026.
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 (9-15-26) | 4.70% |
| 30-Day SEC Yield (4-30-26) | 4.50% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 541 |
| Bond | |
| Yield to Maturity (6-30-26) | 4.60% |
| Effective Duration | 0.59 |
| Average Coupon | 4.51% |
| Calculated Average Quality | 2.839 |
| Effective Maturity | 6.607 |
| Nominal Maturity | 6.711 |
| Number of Bond Holdings | 499 |
As of June 30, 2026
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:TRZWX", "name") |
| Broad Asset Class: =YCI("M:TRZWX", "broad_asset_class") |
| Broad Category: =YCI("M:TRZWX", "broad_category_group") |
| Prospectus Objective: =YCI("M:TRZWX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |