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

Fund Assets	5.33B
Expense Ratio	n/a
Min. Investment	$2,500
Turnover	110.90%
Dividend (ttm)	0.21
Dividend Yield	4.66%
Dividend Growth	-0.41%
Payout Frequency	Monthly
Ex-Dividend Date	Aug 31, 2026

Previous Close	4.590
YTD Return	0.64%
1-Year Return	2.20%
5-Year Return	11.60%
52-Week Low	4.590
52-Week High	4.660
Beta (5Y)	n/a
Holdings	946
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.

• Fund Family: T. Rowe Price
• Category: Short-Term Bond
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: TRZOX
• Share Class: T. Rowe Price Short-term Bond Fund-z Class

Performance

TRZOX had a total return of 2.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.15%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TBSIX	T. Rowe Price Short-term Bond Fund-i Class	0.33%
PASHX	T. Rowe Price Short-term Bond Fund-advisor Class	0.82%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 31, 2026	$0.01727	Aug 31, 2026
Jul 31, 2026	$0.01964	Jul 31, 2026
Jun 30, 2026	$0.01753	Jun 30, 2026
May 29, 2026	$0.01807	May 29, 2026
Apr 30, 2026	$0.01727	Apr 30, 2026
Mar 31, 2026	$0.0174	Mar 31, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Sep 5, 2026

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