Low Duration — Near-Term Growth

Low DurationLow Duration

30% Equity / 64% Fixed Income · Blend implementation · Last reviewed 2026-06-15

Ask T. Rowe Price
ActiveConstruction v9Jan 2016Jul 2026Benchmark: 1–3 Year Government/Credit Index

AI insights

Generate a briefing on positioning, performance, and risk for Low Duration — Near-Term Growth.

Track record

Cumulative return · simulated

-15.9%-10.4%-5.0%+0.4%+5.9%202120222023202420252026
Model Benchmark

Jul 2026 Model +3.8% · Benchmark +2.0%

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+1.1%+0.9%+0.2%
3M+1.7%+1.6%+0.0%
YTD+3.3%+3.3%-0.0%
1Y+6.7%+6.6%+0.0%
3Y+4.8%+4.6%+0.3%
5Y+0.7%+0.4%+0.4%
Since inception+1.8%+1.4%+0.4%

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 coreNear-Term Growth risk postureQuarterly rebalance review
Inception
2019-06-01
Net expense
0.23%
Estimated yield
2.92%
Turnover
37.8%

Asset class allocation

Across all sleeves · 9 holdings

  • Equity30.0%
  • Fixed income64.0%
  • Cash6.0%
View construction

Computed from the latest published sleeve weights.

Recent materials

Model Viewpoints, Trade Updates, and Factsheets

  • Trade Update — Low Duration — Near-Term Growth

    Trade Update · 2026-06-14

    PDF
  • Model Viewpoint — Low Duration — Near-Term Growth

    Model Viewpoint · 2026-05-13

    PDF
  • Factsheet — Low Duration — Near-Term Growth

    Factsheet · 2026-01-15

    PDF