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.

YTD return

+3.1%

Benchmark +2.4%

1 year

+3.9%

Excess 0.9 pts

Since inception

3.2%

Annualized

Net expense

0.29%

Weighted across 9 sleeves

Growth of a hypothetical investment

20% Equity / 72% Fixed Income vs 1–3 Year Government/Credit Index

-4.8%+7.4%+19.7%+31.9%+44.1%201620182020202220242026
Model Benchmark

Jul 2026 Model +39.4% · Benchmark +31.5%

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

Calendar year returns

Model versus benchmark, by year

2017+6.8
2018+4.1
2019+6.7
2020+2.0
2021+6.5
2022-10.6
2023+6.0
2024+4.5
2025+0.8
2026+3.1
Model Benchmark

Best year 2017 (6.8%) · Weakest year 2022 (-10.6%)

Trailing returns

Annualized beyond one year

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%