T. Rowe Price Limited-Term Bond
Objective And StrategyObjective
High level income consistent with moderate fluctuations of principle value
StrategyThe Fund invests at least 80% of net assets in bonds, with 65% of its total assets in short and intermediate term bonds. There are no maturity limitations on individual securities purchased, but the Fund’s average effective maturity will not exceed five.
Tax Inefficient Fund
* This portfolio invests in securities of foreign issuers which involves risks not typically associated with domestic issuers, including currency fluctuations and the possibility of political and economic instability. Emerging markets involve risks in addition to those generally associated with foreign securities, because political and economic structures in many emerging markets may be undergoing significant evolution and rapid development.
Bonds - Short Term04/2005
- Fund Prospectus and Other Forms