T. Rowe Price Short-Term Bond Advisor (PASHX)
| Fund Assets | 4.62B |
| Expense Ratio | 0.79% |
| Min. Investment | $500,000 |
| Turnover | 107.20% |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 3.86% |
| Dividend Growth | 5.27% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 28, 2025 |
| Previous Close | 4.660 |
| YTD Return | 4.74% |
| 1-Year Return | 5.09% |
| 5-Year Return | 9.25% |
| 52-Week Low | 4.430 |
| 52-Week High | 4.660 |
| Beta (5Y) | 0.06 |
| Holdings | 943 |
| Inception Date | Dec 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.
Performance
PASHX had a total return of 5.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.73%.
Top 10 Holdings
22.38% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 3.625% | T.3.625 08.31.27 | 6.37% |
| United States Treasury Notes 3.5% | T.3.5 09.30.27 | 3.67% |
| United States Treasury Notes 3.875% | T.3.875 03.31.27 | 2.85% |
| United States Treasury Notes 3.875% | T.3.875 07.15.28 | 2.84% |
| T. Rowe Price Gov. Reserve | TRPGRIA | 2.21% |
| United States Treasury Notes 3.875% | T.3.875 07.31.27 | 1.24% |
| United States Treasury Notes 1.625% | TII.1.625 04.15.30 | 1.23% |
| United States Treasury Notes 3.75% | T.3.75 04.30.27 | 0.75% |
| Government National Mortgage Association 5% | G2SF.5 11.11 | 0.67% |
| Federal Home Loan Mortgage Corp. 6% | FR.RJ4695 | 0.55% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 28, 2025 | $0.01346 | Nov 28, 2025 |
| Oct 31, 2025 | $0.01637 | Oct 31, 2025 |
| Sep 30, 2025 | $0.01417 | Sep 30, 2025 |
| Aug 29, 2025 | $0.01602 | Aug 29, 2025 |
| Jul 31, 2025 | $0.01577 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01455 | Jun 30, 2025 |