It is run at Naas over a distance of 6 furlongs (1,207 metres), and it is scheduled to take place each year in May or June.
The event was established in 2002, and it was originally sponsored by Swordlestown Stud.
It initially held Listed status, and was promoted to Group 3 level in 2006.
The 2008 edition was run in memory of Cathal Ryan, the former owner of Swordlestown Stud.
The Fillies' Sprint Stakes was relegated back to Listed level in 2011 but regained Group 3 status in 2019.