What does T. Rowe Price Ultra Short-Term Bond Fund do?

T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) operates in the Asset Management - Bonds industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.

What is TRBUX's market cap?

T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) has a market capitalization of approximately $2.99 billion, as of July 23, 2026, based on the most recent share price and shares outstanding.

Does TRBUX pay a dividend?

Yes — T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) pays a dividend monthly, with a trailing-twelve-month yield of 4.81%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

TRBUX

T. Rowe Price Ultra Short-Term Bond Fund

NASDAQ·Asset Management, Bonds · Financial Services

$5.07$0.00+0.00%

Market cap$2.99B·Jul 23 12:07 PM UTC

Price Chart

$5.07+$0.00 (+0.00%)today

−0.20%CAGR −0.04%

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FromTo

Oct 3, 2013Jul 23, 2021 → Jul 23, 2026· 5.0 yrsJul 23, 2026

Key Metrics

DividendDividend Tab

Dividend Yield (FWD)4.23%

Annual Dividend (FWD)$0.21

Dividend Growth (5Y)+43.6%

Dividend Safety—

Payout Ratio136.1%

FCF Payout Ratio—

Most Recent Dividend$0.018

Ex-Dividend DateJun 29

Payment DateJun 30

EarningsEarnings Tab

EPS (FWD)—

P/E Ratio (FWD)—

EPS Growth (1Y)—

EPS Growth (3Y)—

EPS Growth (5Y)—

Next Earnings Date—

Last Report Date—

Reported vs Estimate—

Earnings Surprise—

Income Statement Flow

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About T. Rowe Price Ultra Short-Term Bond Fund

This fund's strategy involves allocating its capital to a diverse array of high-quality, short-term debt instruments issued by both corporations and government entities. A significant portion, specifically at least 80% of its net assets (including any funds acquired through borrowing for investment), is typically invested in bonds. Crucially, all securities acquired by the fund must carry an investment-grade rating from at least one major credit rating agency at the time of purchase, or, if unrated, be internally determined by T. Rowe Price to meet investment-grade standards.

Sector: Financial Services
Industry: Asset Management - Bonds
Exchange: NASDAQ
Website: www.troweprice.com/financial-intermediary/us/en/investments/mutual-funds/us-products/ultra-short-term-bond-fund.html

Peers

Peers Tab

PARMX

Parnassus Mid Cap Fund

Cap

$2.5B

CSVZX

Columbia Select Large Cap Value Fund

Cap

$3.1B

PEOPX

BNY Mellon S&P 500 Index Fund

Cap

$2.7B

Latest News

News Tab

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Frequently Asked Questions About TRBUX

What does T. Rowe Price Ultra Short-Term Bond Fund do?: T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) operates in the Asset Management - Bonds industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.
What is TRBUX's market cap?: T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) has a market capitalization of approximately $2.99 billion, as of July 23, 2026, based on the most recent share price and shares outstanding.
Does TRBUX pay a dividend?: Yes — T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) pays a dividend monthly, with a trailing-twelve-month yield of 4.81%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.