Low Duration — Reserve

Low DurationLow Duration

0% Equity / 85% Fixed Income · Blend implementation · Last reviewed 2026-03-12

Ask T. Rowe Price
ActiveConstruction v20Jan 2016Jul 2026Benchmark: 1–3 Year Government/Credit Index

AI insights

Generate a briefing on positioning, performance, and risk for Low Duration — Reserve.

Track record

Cumulative return · simulated

-12.2%-8.2%-4.2%-0.2%+3.7%202120222023202420252026
Model Benchmark

Jul 2026 Model +0.5% · Benchmark -2.1%

Past performance is not indicative of future results. Figures are simulated for prototype purposes.

Returns vs benchmark

Total return · 1–3 Year Government/Credit Index

PeriodModelBenchExcess
1M+0.3%+0.3%+0.0%
3M+0.6%+0.5%+0.2%
YTD+2.0%+1.8%+0.2%
1Y+3.3%+2.9%+0.4%
3Y+2.7%+2.1%+0.6%
5Y+0.1%-0.4%+0.5%
Since inception+1.6%+1.1%+0.5%

Periods longer than one year are annualized.

About this model

Mandate, construction rules, and review policy

Objective
Seeks capital preservation and liquidity for goals within a one- to three-year horizon.
Purpose
Short-horizon reserves
Characteristics
Blend implementationTaxable fixed income coreReserve risk postureQuarterly rebalance review
Inception
2016-03-01
Net expense
0.41%
Estimated yield
3.70%
Turnover
38.3%

Asset class allocation

Across all sleeves · 5 holdings

  • Fixed income85.0%
  • Cash15.0%
View construction

Computed from the latest published sleeve weights.

Recent materials

Model Viewpoints, Trade Updates, and Factsheets

  • Factsheet — Low Duration — Reserve

    Factsheet · 2026-04-06

    PDF
  • Trade Update — Low Duration — Reserve

    Trade Update · 2026-03-05

    PDF
  • Model Viewpoint — Low Duration — Reserve

    Model Viewpoint · 2026-02-04

    PDF