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  • T. Rowe Price Prime Reserve Fund (PRRXX)
    Ticker Symbol:
    PRRXX
    Fund Status:
    Open to new Retail investors  /  Open to subsequent Retail investments
    Fund Objective
    Quick Stats
    Fiscal Year End  May
    Inception Date 01/26/1976
    Tax ID 52-1040467
    Investment Objective
    The fund's goals are preservation of capital, liquidity, and, consistent with these, the highest possible current income.
    Strategy
    The fund invests in high-quality, short-term securities with maturities of 13 months or less.
    Investor Profile
    The fund may be appropriate if stability and accessibility of your investment are more important than total return or capital growth over time. The fund can be used in both regular and tax-deferred accounts, such as IRAs, but should not represent your complete investment program.
    Availability
    All States
    Risk/Reward Potential*
    Click on the risk/reward spectrum below to view the funds in that category
    Highest
    Higher
    Moderate
    Lower
    Lowest
    The fund offers a relatively secure, liquid investment for money you may need for occasional or unexpected expenses and for money awaiting investment in longer-term bond or stock funds. In addition to preserving capital, the fund seeks to provide the highest possible income available from low-risk, short-term securities.

    An investment in the fund is not insured or guaranteed by the FDIC or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund.
    *Funds are placed in general risk/return categories based on their past performance or, for newer funds, the performance of the types of securities in which they invest. There is no assurance past trends will continue.
    See Glossary for additional details on all data elements.