TRZWX
T. Rowe Price Ultra Short-Term Bond Fund
T. ROWE PRICE SHORT-TERM BOND FUND, INC.

Average annual returns

Through 2025 · incl. N-PORT-derived 2025
1 year
5.52%
3 year
6.30%
5 year
10 year

Standardized average annual total returns (before tax), from calendar-year returns; recent years derived from N-PORT monthly data.

Calendar-year returns

2022 onward derived from N-PORT monthly returns

Risk statistics

61 months through Feb. 28, 2026
Volatility (ann.)
0.67%
Sharpe
9.13
Sortino
Max drawdown
-1.90%
Best month
0.89%
Worst month
-0.51%
Beta vs VBTLX
0.06
Correlation
0.50

Derived from N-PORT monthly total returns; distinct from the prospectus returns above.

Machine-readable: JSON · Markdown. Programmatic access via the agent surface.