T. Rowe Price Short-Term Bond Z (TRZOX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
4.660
+0.010 (0.22%)
Sep 5, 2025, 4:00 PM EDT
0.22%
Fund Assets4.64B
Expense Ration/a
Min. Investment$2,500
Turnover107.20%
Dividend (ttm)0.21
Dividend Yield4.61%
Dividend Growth7.90%
Payout FrequencyMonthly
Ex-Dividend DateAug 29, 2025
Previous Close4.650
YTD Return2.08%
1-Year Return2.73%
5-Year Returnn/a
52-Week Low4.580
52-Week High4.660
Beta (5Y)n/a
Holdings918
Inception Daten/a

About TRZOX

T. Rowe Price Short-Term Bond Fund Z is an actively managed mutual fund focused on preserving capital and generating income through a diversified portfolio of **short- and intermediate-term investment-grade** securities. The fund invests across U.S. **Treasuries**, **investment-grade corporate bonds**, and **asset- and mortgage-backed securities**, seeking a balance between income and interest rate sensitivity typical of the short-term bond category. Its portfolio is broadly diversified, with hundreds of holdings and notable allocations to U.S. government securities and securitized credit, reflecting a conservative, high-quality orientation. Designed to play a role as a **core short-duration fixed income** holding, it aims to temper volatility while providing regular income distributions on a monthly basis. Backed by T. Rowe Price’s fixed income research platform, the fund serves investors looking to manage duration risk relative to broader bond markets while maintaining liquidity and credit quality standards consistent with investment-grade mandates. Overall, it contributes to portfolio stability and income generation within diversified multi-asset or bond allocations.

Fund Family T. Rowe Price
Category Short-Term Bond
Stock Exchange NASDAQ
Ticker Symbol TRZOX
Share Class T. Rowe Price Short-term Bond Fund-z Class

Performance

TRZOX had a total return of 2.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.72%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
TBSIXT. Rowe Price Short-term Bond Fund-i Class0.34%
PASHXT. Rowe Price Short-term Bond Fund-advisor Class0.79%

Top 10 Holdings

21.47% of assets
NameSymbolWeight
UNITED STATES TREASURY NOTE/BONDT.4.125 01.31.277.84%
UNITED STATES TREASURY NOTE/BONDT.3.875 03.31.273.36%
UNITED STATES TREASURY NOTE/BONDT.4.25 11.30.263.29%
UNITED STATES TREASURY NOTE/BONDT.4.25 12.31.261.64%
T. Rowe Price Government Reserve FundTRPGRIA1.31%
FANNIE MAE POOLn/a1.21%
UNITED STATES TREASURY NOTE/BONDT.4.125 02.28.270.87%
UNITED STATES TREASURY NOTE/BONDn/a0.75%
T. Rowe Price Government Reserve Fund - Collateraln/a0.67%
FANNIE MAE POOLFN.FS88700.53%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 29, 2025$0.01922Aug 29, 2025
Jul 31, 2025$0.01889Jul 31, 2025
Jun 30, 2025$0.01746Jun 30, 2025
May 30, 2025$0.01933May 30, 2025
Apr 30, 2025$0.01789Apr 30, 2025
Mar 31, 2025$0.01685Mar 31, 2025
Full Dividend History