Low Duration Models
Our Low Duration Models are designed to help optimize income while managing downside risk and volatility across a range of investor risk tolerances, liquidity needs, and investment time horizons.
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Model Viewpoints
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Help your clients’ short-term assets work harder
Our actively managed Low Duration Models are backed by a disciplined investment approach that seeks to optimize income while aiming to limit the impact of interest rate and credit volatility on principal value. For your other portfolio needs, view all models.
Capital Preservation
Ultra Short-Term
Short-Term
Short-Term Plus
Strategic allocation neutral weights are shown above. Actual portfolio weights will vary with tactical asset allocation changes and market fluctuation. All allocation weights are subject to change without prior notice. Depending on the market environment, additional strategies not shown above may be used as tactical allocations. For additional information about investment objectives and potential risks, see below.
Meet your investment partners
Our Low Duration Models are managed by a team of multi-asset experts with your clients’ goals in mind. Every move is guided by our disciplined active management approach so you can focus on other areas of your practice.
Erin Garrett is a co-portfolio manager for the Retirement Advisory Services, ActivePlus Portfolios, Target Allocation Active Series, Blend Series, Equity Building Block, Multi-Asset Income, Low Duration, and custom model portfolios. Erin also is cochair of the Model Portfolio Investment Advisory Committee and a member of the Multi-Asset Due Diligence Committee. She is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.
Justin Harvey is an associate director of research, strategic asset allocation and a portfolio manager in the Multi-Asset Division. He is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.
Alex Obaza is the portfolio manager of the US Ultra Short-Term Bond Strategy and the Taxable Money Market strategies in the Fixed Income Division. Alex also is the co-portfolio manager of the Tax-Exempt Money Market strategies. He is a member of the Investment Advisory Committees for the Tax-Exempt Money Fund, Summit Funds, Inc., Government Money Fund, Reserve Investment Funds, Inc., and U.S. Treasury Funds, Inc. Alex also is a member on the Investment Advisory Committees for the State Tax-Free Funds, Inc., Short-Term Bond Fund, Fixed Income Series, Inc., Corporate Income Fund, and Institutional Income Funds, Inc., as well as a member of the Valuation Committee. Alex is a vice president of T. Rowe Price Group, Inc., T. Rowe Price Associates, Inc., and T. Rowe Price Trust Company.
Som Priestley is head of Global Investment Solutions, America and a portfolio manager in the Multi-Asset Division. He is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.
Mike Reinartz co-manages the portfolios for the US Short-Term Bond strategies in the Fixed Income Division. He is a member of the Investment Advisory Committees for the Fixed Income Series, Inc., and the Short-Term Bond Fund. Mike is a vice president of T. Rowe Price Group, Inc., T. Rowe Price Associates, Inc., and T. Rowe Price Trust Company.
Steve Kohlenstein is a co-portfolio manager of the US Short-Term Bond, US Short Duration Income, and Stable Value Short-Term Bond Strategies in the Fixed Income Division. He is a member of the Investment Advisory Committees for the Fixed Income Series and Short-Term Bond Fund. Steve also is a member of the Investment Advisory Committee of the Global Multi-Sector Bond Fund. He is a member of the Sector Strategy Advisory Committee, Securitized Credit Deep Dive Committee, and Global Short Duration Portfolio Management team. Steve is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.
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Consider the investment objectives, risks, and charges and expenses of the T. Rowe Price mutual funds carefully before investing. For a prospectus or, if available, a summary prospectus containing this and other information, visit troweprice.com or contact your financial professional. Read it carefully.
1 You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. T. Rowe Price Associates, Inc. is not required to reimburse the Fund for losses, and you should not expect that T. Rowe Price Associates, Inc. will provide financial support to the Fund at any time, including during periods of market stress.
The T. Rowe Price model portfolios are a nondiscretionary investment management program provided by T. Rowe Price Associates, Inc. T. Rowe Price mutual funds are distributed by T. Rowe Price Investment Services, Inc. T. Rowe Price Associates, Inc., and T. Rowe Price Investment Services, Inc., are affiliated companies. The T. Rowe Price group of companies, including its affiliates, receive revenue from T. Rowe Price investment products and services.
This material is provided for informational purposes only; it is not personalized investment advice, a recommendation concerning investments, investment strategies, or account types by T. Rowe Price Associates, Inc., or any of its affiliates (T. Rowe Price), and it is not intended to suggest that any particular investment action is appropriate for you. T. Rowe Price’s role is limited to providing your financial professional with nondiscretionary investment advice in the form of model portfolios. The T. Rowe Price model portfolios are only available through financial professionals, and your financial professional is responsible for determining if these portfolios and the mutual funds utilized in them are appropriate for you. T. Rowe Price’s role is limited to providing your advisor with nondiscretionary investment advice in the form of model portfolios. The implementation of these model portfolios and any securities selected for your account is at the full discretion of your financial professional.
Risks: All investments are subject to risk, including possible loss of principal. The model portfolios are subject to the risks of the underlying mutual funds utilized in the model. Fixed income securities are subject to credit risk, liquidity risk, call risk, and interest rate risk. As interest rates rise, bond prices generally fall. International, mid-cap, and small-cap investing are subject to additional risks and volatility. These risks are generally greater for investments in emerging markets. Diversification does not assure a profit nor protect against a loss in a declining market.
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