T. Rowe Price Short-Term Bond Z (TRZOX)
| Fund Assets | 4.87B |
| Expense Ratio | n/a |
| Min. Investment | $2,500 |
| Turnover | 107.20% |
| Dividend (ttm) | 0.22 |
| Dividend Yield | 4.69% |
| Dividend Growth | 1.92% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 4.620 |
| YTD Return | -0.13% |
| 1-Year Return | 4.13% |
| 5-Year Return | 11.46% |
| 52-Week Low | 4.590 |
| 52-Week High | 4.660 |
| Beta (5Y) | n/a |
| Holdings | 914 |
| Inception Date | n/a |
About TRZOX
T. Rowe Price Short-Term Bond Fund Z is an institutional share class mutual fund that invests in a diversified portfolio of short- and intermediate-term investment-grade securities, including corporate bonds, government securities, and asset- and mortgage-backed securities. The fund targets a high level of income while maintaining minimal fluctuation in principal value. With an effective duration of approximately 1.81 years and weighted average maturity of 2.27 years, the fund maintains a conservative risk profile suited for investors seeking stable returns. The portfolio holds over 300 distinct issuers across various credit qualities, with significant allocations to U.S. Treasury securities, investment-grade corporate bonds, and securitized assets. The fund charges no expense ratio for this institutional class and offers low minimum initial investment requirements, making it accessible to a broad range of investors seeking fixed-income exposure with limited interest rate sensitivity.
Performance
TRZOX had a total return of 4.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.19%.
Top 10 Holdings
21.95% of assets| Name | Symbol | Weight |
|---|---|---|
| UNITED STATES TREASURY NOTE/BOND | T.4.125 01.31.27 | 6.91% |
| UNITED STATES TREASURY NOTE/BOND | T.3.875 03.31.27 | 3.40% |
| T. Rowe Price Government Reserve Fund | TRPGRIA | 2.95% |
| UNITED STATES TREASURY NOTE/BOND | T.3.875 07.15.28 | 2.90% |
| UNITED STATES TREASURY NOTE/BOND - WHEN ISSUED | T.3.875 07.31.27 | 1.27% |
| FANNIE MAE POOL | FN.MA5273 | 1.15% |
| T. Rowe Price Government Reserve Fund - Collateral | n/a | 0.96% |
| UNITED STATES TREASURY NOTE/BOND | T.4.125 02.28.27 | 0.88% |
| UNITED STATES TREASURY INFLATION INDEXED BONDS | TII.1.625 04.15.30 | 0.77% |
| UNITED STATES TREASURY NOTE/BOND | T.3.75 04.30.27 | 0.76% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.01629 | Feb 27, 2026 |
| Jan 30, 2026 | $0.01756 | Jan 30, 2026 |
| Dec 31, 2025 | $0.01918 | Dec 31, 2025 |
| Nov 28, 2025 | $0.01637 | Nov 28, 2025 |
| Oct 31, 2025 | $0.01997 | Oct 31, 2025 |
| Sep 30, 2025 | $0.01718 | Sep 30, 2025 |