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Address And Details

100 E Pratt Street , Baltimore, MD 21202
Fund Manager Michael F. Reinartz
Manager Tenure 5 Years 11 Months

Strategy And Objective

The fund seeks a high level of income consistent with minimal fluctuation in principal value and liquidity. The fund will invest in a diversified portfolio of short- and intermediate-term investment-grade corporate, government, and asset- and mortgage-backed securities. The fund may also invest in money market securities, bank obligations, collateralized mortgage obligations, and foreign securities, including securities of issuers in emerging markets. Normally, the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in bonds. The fund s average effective maturity will normally not exceed three years. The fund will only purchase securities that are rated within one of the four highest credit categories at the time of purchase by at least one major credit rating agency or, if unrated, deemed to be of comparable quality by T. Rowe Price. The fund may continue to hold a security that has been downgraded after purchase.

Net Asset Value

as of 6:01 PM ET 11/26/2021

Performance

  • 1 Week
  • n/a
  • 1 Month
  • -0.21%
  • 3 Months
  • -0.62%
  • 1 Yr Return
  • -0.83%
  • 5 Yr Return
  • +1.69%

Equity Sector Breakdown

ConsumerDurables n/a
Energy n/a
Finance n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Bonds 98.33%
Cash 2.27%
Stocks 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Other -0.60%
Total Net Assets 2.23 B

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 0.67 0.60 n/a
Beta 0.34 0.30 n/a
R Squared 0.25 0.28 n/a
Std Deviation 2.29 1.85 n/a
Sharpe Ratio 0.99 0.66 n/a

Purchase Information

as of 5:59 PM ET 11/23/2021
Minimum Initial $1000000
Minimum Additional $0
Minimum Initial IRA $1000000

Performance

Timeframe Average Annual Current Performance Monthly As Of 10/31/2021 Average Annual Current Performance Quarterly As Of 09/30/2021 Avg Annual Current Performance Monthly As Of 10/31/2021 Avg Annual Current Performance Quarterly As Of 09/30/2021
1 Year
  • +0.95%
  • +1.42%
+0.95% +1.42%
3 Year
  • +3.31%
  • +3.41%
+3.31% +3.41%
10 Year
  • n/a
  • n/a
n/a n/a
Life Of Fund
  • +2.37%
  • +2.46%
+2.37% +2.46%

Top 10 Holdings

Symbol Company Name % Of Assets
n/a

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