T. Rowe Price Short-Term Bond Advisor (PASHX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
4.660
0.00 (0.00%)
Oct 10, 2025, 4:00 PM EDT
Fund Assets4.62B
Expense Ratio0.79%
Min. Investment$2,500
Turnover107.20%
Dividend (ttm)0.18
Dividend Yield3.84%
Dividend Growth7.94%
Payout FrequencyMonthly
Ex-Dividend DateSep 30, 2025
Previous Close4.660
YTD Return1.73%
1-Year Return2.49%
5-Year Return4.91%
52-Week Low4.590
52-Week High4.670
Beta (5Y)0.06
Holdings915
Inception DateDec 31, 2004

About PASHX

T. Rowe Price Short-Term Bond Fund Advisor Class is an actively managed mutual fund focused on generating a high level of income while seeking limited principal volatility and ample liquidity. The portfolio primarily invests in investment‑grade debt across short‑ and intermediate‑term corporate, U.S. government, and securitized markets, including asset‑backed and mortgage‑backed securities. According to its stated strategy, the fund normally keeps at least 80% of assets in bonds and targets an average effective maturity not exceeding three years, positioning it within the short‑term bond category and emphasizing interest‑rate risk control. The fund’s design aims to provide a conservative fixed income core holding for investors looking to dampen overall portfolio duration and credit risk relative to broader bond markets. It has an established share class history and a published total expense ratio framework for the Advisor Class. Within the market, T. Rowe Price Short-Term Bond Fund Advisor Class serves as a tool for liquidity-aware allocation, cash segmentation, and diversification, benefiting from the firm’s credit research and sector rotation across high-quality short-duration opportunities.

Fund Family T. Rowe Price
Category Short-Term Bond
Stock Exchange NASDAQ
Ticker Symbol PASHX
Share Class T. Rowe Price Short-term Bond Fund-advisor Class
Index Bloomberg 1-3 Y Government/Credit TR

Performance

PASHX had a total return of 2.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.05%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
TRZOXT. Rowe Price Short-term Bond Fund-z Classn/a
TBSIXT. Rowe Price Short-term Bond Fund-i Class0.34%

Top 10 Holdings

21.88% of assets
NameSymbolWeight
US Treasury Note 3.625%T.3.625 08.31.275.96%
United States Treasury Notes 3.875%T.3.875 03.31.273.39%
T. Rowe Price Gov. ReserveTRPGRIA2.95%
United States Treasury Notes 3.875%T.3.875 07.15.282.89%
United States Treasury Notes 4.125%T.4.125 01.31.271.89%
United States Treasury Notes 3.875%T.3.875 07.31.271.26%
Federal National Mortgage Association 6.5%FN.MA52731.14%
United States Treasury Notes 4.125%T.4.125 02.28.270.88%
United States Treasury Notes 1.625%TII.1.625 04.15.300.77%
United States Treasury Notes 3.75%T.3.75 04.30.270.76%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Sep 30, 2025$0.01417Sep 30, 2025
Aug 29, 2025$0.01602Aug 29, 2025
Jul 31, 2025$0.01577Jul 31, 2025
Jun 30, 2025$0.01455Jun 30, 2025
May 30, 2025$0.01592May 30, 2025
Apr 30, 2025$0.01492Apr 30, 2025
Full Dividend History