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.

YTD return

+3.3%

Benchmark +3.3%

1 year

+6.7%

Excess 0.0 pts

Since inception

1.8%

Annualized

Net expense

0.23%

Weighted across 9 sleeves

Growth of a hypothetical investment

30% Equity / 64% Fixed Income vs 1–3 Year Government/Credit Index

-7.5%+0.4%+8.3%+16.2%+24.1%201620182020202220242026
Model Benchmark

Jul 2026 Model +21.0% · Benchmark +16.1%

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

Calendar year returns

Model versus benchmark, by year

2017+3.1
2018+5.5
2019+2.2
2020+0.1
2021+3.4
2022-13.9
2023+7.0
2024+5.8
2025+2.2
2026+3.3
Model Benchmark

Best year 2023 (7.0%) · Weakest year 2022 (-13.9%)

Trailing returns

Annualized beyond one year

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%