TSDLX Performance — T. Rowe Price Short Duration Income Fund
Data updated: 2026-08-12
TSDLX returned +1.01% year to date and +4.80% over one year to May 2026. Annualised returns are +5.73% over 3 years and +2.69% over 5 years. The fund trailed its Short-Term Core Bond category average: $100 invested three years ago grew to $118, against $119 for the category, and to $105 over one year, against $105. Volatility over the past three years was 1.62% a year. In the 12 months to May 2026 the fund took in a net $131.0M, and assets reached $226.82M.
TSDLX Growth of $100
What $100 invested in T. Rowe Price Short Duration Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Core Bond category average over the same months.
| Period | TSDLX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $105 | $105 |
| 3 years (Jun 2023 – May 2026) | $118 | $119 |
| 5 years (Jun 2021 – May 2026) | $114 | $113 |
| Since data start (Dec 2020 – May 2026) | $116 | $115 |
TSDLX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.01% |
| 1 year | +4.80% |
| 3 years (annualised) | +5.73% |
| 5 years (annualised) | +2.69% |
TSDLX Annual Returns
Calendar-year total returns of T. Rowe Price Short Duration Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.01% |
| 2025 | +6.35% |
| 2024 | +5.85% |
| 2023 | +6.07% |
| 2022 | −5.09% |
| 2021 | +0.76% |
| 2020 (Dec–Dec) | +0.21% |
TSDLX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.4% | +0.4% | −0.7% | +0.5% | +0.4% | — | — | — | — | — | — | — |
| 2025 | +0.7% | +0.8% | +0.2% | +0.6% | +0.2% | +0.8% | +0.1% | +1.0% | +0.4% | +0.4% | +0.4% | +0.6% |
| 2024 | +0.6% | −0.1% | +0.6% | −0.2% | +0.8% | +0.6% | +1.2% | +1.0% | +0.8% | −0.4% | +0.5% | +0.3% |
| 2023 | +1.4% | −0.6% | +1.0% | +0.5% | −0.3% | −0.2% | +0.6% | +0.5% | −0.1% | +0.2% | +1.4% | +1.5% |
| 2022 | −0.8% | −0.7% | −1.3% | −0.8% | +0.1% | −1.4% | +0.7% | −0.5% | −1.6% | −0.3% | +0.9% | +0.4% |
| 2021 | +0.4% | +0.2% | −0.1% | +0.3% | +0.1% | +0.1% | 0.0% | +0.2% | −0.1% | −0.3% | −0.4% | +0.1% |
| 2020 | — | — | — | — | — | — | — | — | — | — | — | +0.2% |
TSDLX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 1.62%
- 3-year Sharpe ratio: 0.76 (vs 4.5% risk-free rate)
- Best month: +1.50% (Dec 2023)
- Worst month: −0.68% (Mar 2026)
TSDLX Fund Flows
Monthly money in and out of T. Rowe Price Short Duration Income Fund, from SEC Form N-PORT.
- 12-month net flow: $131.0M
- 12-month gross sales (incl. reinvestments): $195.5M
- Sales ÷ redemptions: 3.03×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $4.7M | $6.5M | −$1.9M |
| Apr 2026 | $8.2M | $6.9M | $1.3M |
| Mar 2026 | $10.7M | $7.8M | $2.9M |
| Feb 2026 | $80.5M | $6.8M | $73.7M |
| Jan 2026 | $8.1M | $4.8M | $3.3M |
| Dec 2025 | $21.2M | $4.8M | $16.3M |
| Nov 2025 | $16.2M | $6.3M | $10.0M |
| Oct 2025 | $15.1M | $3.4M | $11.7M |
| Sep 2025 | $7.6M | $8.7M | −$1.1M |
| Aug 2025 | $11.1M | $4.1M | $7.0M |
| Jul 2025 | $6.8M | $3.3M | $3.5M |
| Jun 2025 | $5.2M | $955K | $4.3M |
TSDLX Assets Under Management
Net assets of T. Rowe Price Short Duration Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $226.82M |
| 2026-02-28 | $226.58M |
| 2025-11-30 | $132.87M |
| 2025-08-31 | $112.28M |
| 2025-05-31 | $96.81M |
| 2025-02-28 | $72.53M |
| 2024-11-30 | $63.00M |
| 2024-08-31 | $57.66M |
| 2024-05-31 | $54.75M |
| 2024-02-29 | $53.72M |
| 2023-11-30 | $48.67M |
| 2023-08-31 | $48.40M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.