T. Rowe Price Government Money Fund (PRRXX)
Ticker Symbol:
PRRXX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Formerly T. Rowe Price Prime Reserve Fund
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.
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.

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 insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.
* Annually we evaluate the standard deviation of each US mutual fund listed and its resulting placement within specific risk/return categories.

Methodology: If a fund is at least 5 year old, it is generally placed in risk/return categories based on the standard deviation of its performance for the longest period of its calendar year returns; the longest time period used for analysis is 10 years (regardless of the fund's inception). If a fund is less than 5 years old, we generally use the fund's primary benchmark disclosed in its prospectus as a proxy and follow the same process of using 10-year standard deviation of the benchmark, or longest time period available. The firm at its sole discretion may show a fund in a higher risk category based on qualitative or other factors that may differ from this methodology.
See Glossary for additional details on all data elements.