T Rowe Price Fund Quote

PRWBX Fund  USD 4.62  0.02  0.43%   
The fund will invest in a diversified portfolio of short- and intermediate-term investment-grade corporate, government, and asset- and mortgage-backed securities. T Rowe is traded on NASDAQ Exchange in the United States. It falls under the Short-Term Bond category. Downside deviation of 0.23% indicates contained downside behavior.
Performance
0High
1 · Soft
NAV Risk Level
HighLow
22 · Below Average
T ROWE (PRWBX) is trading at $4.62 as of May 8, 2026, representing 0.43% up in today's trading. T ROWE carries 22% estimated odds of significant NAV decline over the next several years, indicating a moderate probability of operating stress. Measured over 90 trading days, T ROWE has produced modest risk-adjusted performance. The performance scores are based on the time frame from February 7, 2026 to May 8, 2026. Learn more.
Moving together with PRWBX Mutual Fund
  0.82VBIRX Vanguard Short TermPairCorr
  0.86VFSUX Vanguard Short TermPairCorr
  0.75VFSIX Vanguard Short TermPairCorr
  0.86VFSTX Vanguard Short TermPairCorr
  0.82VBITX Vanguard Short TermPairCorr
  0.69VBISX Vanguard Short TermPairCorr
T Rowe Price [PRWBX] is traded in USA. The fund is listed under the Short-Term Bond category and is part of the T. Rowe Price family. This fund at this time has accumulated $4.89 billion in assets with a minimum initial investment of $$2,500. T Rowe Price is currently producing a year-to-date (YTD) return of 0.49%, while the total return for the last 3 years is 4.8%. T ROWE is an operator in the short-term bond segment where revenue is driven by core operating activity and end-market demand.
T ROWE financial stability analysis

Instrument Allocation

Mutual Fund Notable Updates

Legal NameT. ROWE PRICE SHORT-TERM BOND FUND INC. T. ROWE PRICE SHORT-TERM BOND FUND INC.
Fund ConcentrationShort-Term Bond, T. Rowe Price, (View all Sectors)

T. ROWE PRICE SHORT-TERM BOND FUND INC. T. ROWE PRICE SHORT-TERM BOND FUND INC. NAV Analysis

Aligned With Model
Today
4.62
This estimate for T Rowe Price is driven by the aggregate performance of its underlying assets across a 3 months time horizon. Divergence between price and model value may reflect tracking error, flows, or rebalancing effects.
4.62
Intrinsic Value
4.76
Current intrinsic value estimate framed by downside and upside probability thresholds.

Sector Allocation

Investors seeking lower risk benefit from understanding how PRWBX Mutual Fund allocates across sectors. For PRWBX Mutual Fund, a wide sector allocation may reduce expected returns alongside risk. The sector allocation of PRWBX Mutual Fund determines its diversification level and return characteristics.
T Rowe Price Mutual Fund is an example of a sector fund that provides low-cost sector exposure. Sector fund diversification may serve as one approach to portfolio management. Some allocation frameworks suggest a 20% threshold per sector as a general guideline for concentration risk.

Common Risk Profiles

T Rowe Price Against Markets

Institutional Mutual Fund Holders for T ROWE

T Rowe Price holder mix determines how liquidity and price discovery behave during market stress. Ownership mix should still be evaluated through filings, holder turnover, and governance disclosures. The business currently sits in the its sector and the its industry. Watching T Rowe Price holder turnover alongside earnings revisions adds depth to the ownership view.
RPSIXSpectrum Income FundMutual FundMultisector Bond
More Details
Institutional participation shapes T Rowe Price liquidity but does not guarantee above-market returns. Revenue scale should be reviewed against peers and reporting history. T Rowe Price holder data is best used to understand governance dynamics and liquidity depth.

Predictive Daily Indicators

Monitoring T ROWE's daily metrics gives shareholders faster feedback on whether the fund's holdings are trending or reversing. Balance of power metrics reveal the intraday tug-of-war between accumulation and distribution across the fund's holdings. Daily momentum signals for funds are most informative when combined with redemption flow data and sector rotation trends.

Forecast Models

For T ROWE with inception on 1984-03-02, forecast models complement prospectus analysis by showing where NAV patterns support the thesis. With a one-year return of 4.1%, these models describe observed NAV patterns. Current fund positioning must match historical conditions. Back-tested accuracy on historical NAV data does not guarantee forward performance, especially around manager changes or mandate shifts.

Mutual Fund Overview, Methodology & Data Sources

NAV behavior, category positioning, and exposure stability are reviewed over time. The current allocation is approximately 94.0% bonds and 2.0% cash. It is classified under Short-Term Bond within the T. Rowe Price family.

Methodology

Unless otherwise specified, data for T Rowe Price is derived from fund disclosures (prospectus language, holdings reports, and periodic statements where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on instrument type. T Rowe Price market data and reported NAV may reflect delayed updates. Data may be delayed depending on reporting sources and market conventions. All analytics presented are generated using Macroaxis quantitative models that incorporate financial statement analysis, market data, and risk metrics to ensure consistency and comparability. Assumptions: Information for T Rowe Price is compiled from public fund disclosures, holdings reports, and market data feeds and official sources including U.S. Securities and Exchange Commission (SEC) via EDGAR. Reporting latency may occur in some cases. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.

Research Sources

T Rowe Price may have reference inputs that incorporate holdings disclosures, category classification, and NAV-derived statistics where available. Updates may occur throughout the day.

Editorial review and methodology oversight provided by: Vlad Skutelnik, Macroaxis Contributor