Low Duration — Short Horizon

Low DurationLow Duration

20% Equity / 72% Fixed Income · Blend implementation · Last reviewed 2026-05-14

Ask T. Rowe Price
ActiveConstruction v19Jan 2016Jul 2026Benchmark: 1–3 Year Government/Credit Index

AI insights

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

Track record

Cumulative return · simulated

-11.0%-6.3%-1.6%+3.1%+7.7%202120222023202420252026
Model Benchmark

Jul 2026 Model +5.7% · Benchmark +2.7%

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+0.8%+0.7%+0.1%
3M+1.9%+1.5%+0.4%
YTD+3.1%+2.4%+0.7%
1Y+3.9%+3.0%+0.9%
3Y+3.5%+2.9%+0.6%
5Y+1.1%+0.5%+0.6%
Since inception+3.2%+2.6%+0.6%

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 coreShort Horizon risk postureQuarterly rebalance review
Inception
2018-05-01
Net expense
0.29%
Estimated yield
3.18%
Turnover
42.4%

Asset class allocation

Across all sleeves · 9 holdings

  • Equity20.0%
  • Fixed income72.0%
  • Cash8.0%
View construction

Computed from the latest published sleeve weights.

Recent materials

Model Viewpoints, Trade Updates, and Factsheets

  • Factsheet — Low Duration — Short Horizon

    Factsheet · 2026-06-12

    PDF
  • Trade Update — Low Duration — Short Horizon

    Trade Update · 2026-05-11

    PDF
  • Model Viewpoint — Low Duration — Short Horizon

    Model Viewpoint · 2026-04-10

    PDF