T. Rowe Price Short-Term Bond Fund Z Class (TRZOX)
| Fund Assets | 5.34B |
| Expense Ratio | n/a |
| Min. Investment | $2,500 |
| Turnover | 107.20% |
| Dividend (ttm) | 0.21 |
| Dividend Yield | 4.66% |
| Dividend Growth | 0.94% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 29, 2026 |
| Previous Close | 4.610 |
| YTD Return | 0.44% |
| 1-Year Return | 3.74% |
| 5-Year Return | 11.60% |
| 52-Week Low | 4.600 |
| 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.
Performance
TRZOX had a total return of 3.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.21%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 29, 2026 | $0.01807 | May 29, 2026 |
| Apr 30, 2026 | $0.01727 | Apr 30, 2026 |
| Mar 31, 2026 | $0.0174 | Mar 31, 2026 |
| Feb 27, 2026 | $0.01629 | Feb 27, 2026 |
| Jan 30, 2026 | $0.01756 | Jan 30, 2026 |
| Dec 31, 2025 | $0.01918 | Dec 31, 2025 |