# T. Rowe Price Short Duration Income Fund (TSDLX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tsdlx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: T. Rowe Price · Asset class: Equity - Strategy: Actively Managed · Inception: 2020-12-08 The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in fixed income securities. It invests in a diversified portfolio of short-duration fixed income securities. ## Key Facts | Metric | Value | |---|---| | Price | $9.31 | | Expense Ratio | 0.40% | | Assets Under Management | $109.0M | | NAV | $9.31 | | Holdings Count | — | | Distribution Yield (TTM) | 5.01% | | Annual Distribution (TTM) | $0.47 /share | | Distribution Frequency | Monthly | | 52-Week Range | $9.28 – $9.53 | | Beta | 0.25 | ## Latest Distribution - Amount: $0.0354 /share - Ex-date: 2026-09-29 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does TSDLX invest in? The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in fixed income securities. It invests in a diversified portfolio of short-duration fixed income securities. ### What is the expense ratio of TSDLX? T. Rowe Price Short Duration Income Fund (TSDLX) charges an expense ratio of 0.40%. This is the annual fee deducted from fund assets to cover management and operations. ### What is TSDLX's dividend yield? TSDLX's trailing-twelve-month yield is 5.01%, calculated from the sum of dividends over the past year divided by the current price. ### How big is TSDLX? T. Rowe Price Short Duration Income Fund (TSDLX) manages $109.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is TSDLX actively managed or an index fund? TSDLX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TSDLX's is 0.40%) in exchange for the discretion to over- or under-weight positions. ### When was TSDLX launched? T. Rowe Price Short Duration Income Fund (TSDLX) launched in December 2020 and is managed by T. Rowe Price. ### Does TSDLX pay a dividend? Yes, T. Rowe Price Short Duration Income Fund (TSDLX) distributes dividends to shareholders. The trailing-twelve-month yield is 5.01%. Full dividend history is on this page. ### How often does TSDLX pay dividends? T. Rowe Price Short Duration Income Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is TSDLX's next ex-dividend date? The most recently announced ex-dividend date for TSDLX was 2026-09-29. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will TSDLX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.40% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does TSDLX charge its expense ratio? The expense ratio is deducted in tiny daily slices from TSDLX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does TSDLX cost more than a fund like VOO? TSDLX is actively managed (current expense ratio 0.40%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether TSDLX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to TSDLX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as TSDLX (0.40%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/tsdlx - Distribution history: https://www.dividenddata.com/funds/tsdlx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tsdlx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tsdlx/expenses - Peer comparison: https://www.dividenddata.com/funds/tsdlx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.