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.

YTD return

+2.0%

Benchmark +1.8%

1 year

+3.3%

Excess 0.4 pts

Since inception

1.6%

Annualized

Net expense

0.41%

Weighted across 5 sleeves

Growth of a hypothetical investment

0% Equity / 85% Fixed Income vs 1–3 Year Government/Credit Index

-2.4%+3.8%+10.0%+16.2%+22.5%201620182020202220242026
Model Benchmark

Jul 2026 Model +18.6% · Benchmark +12.4%

Simulated results for illustration only. Past performance is not indicative of future results.

Calendar year returns

Model versus benchmark, by year

2017+3.0
2018+3.9
2019+3.4
2020+2.3
2021+2.9
2022-11.2
2023+3.9
2024+3.5
2025+1.6
2026+2.0
Model Benchmark

Best year 2018 (3.9%) · Weakest year 2022 (-11.2%)

Trailing returns

Annualized beyond one year

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%