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  • T. Rowe Price Summit Cash Reserves Fund (TSCXX)
    Ticker Symbol:
    TSCXX
    Fund Status:
    Open to new Retail investors  /  Open to subsequent Retail investments
    Fund Performance
    Quick Stats
    Current NAV as of 10/17/2014 $1.00
    NAV Change $0.00
    Net Assets as of 08/31/2014 $6,071.02 Million
    Daily YTD Return as of 10/17/2014 0.01%
    Three Month Return as of 09/30/2014 N/A
    Expense Ratio as of 10/31/2013 0.45%
    Average Annual Total Returns and Benchmarks
    as of 09/30/2014
    Distribution Schedule
    Dividends Monthly
    Capital Gains N/A
    Distribution History
    Dividends
    Date

    Per Share Amount

    Reinvestment Price
    06-30-2014 $0.00 $1.00
    07-31-2014 $0.00 $1.00
    08-31-2014 $0.00 $1.00
    09-30-2014 $0.00 $1.00
    Distribution amounts are rounded to the nearest cent. Shareholders should refer to their statements for exact distribution amounts.
    Share Splits
    as of 08/31/2014
    Split Type N/A
    Effective Date N/A
    Pre-Split NAV N/A
    Post-Split NAV N/A
    Calendar Year Total Returns
    2004 0.98%
    2005 2.88%
    2006 4.70%
    2007 4.97%
    2008 2.69%
    2009 0.30%
    2010 0.01%
    2011 0.01%
    2012 0.01%
    2013 0.01%
    Performance Comparison
    as of 08/31/2014
    This chart shows the value of a hypothetical $25,000 investment in the fund over the past 10 years or since its inception (for funds lacking 10-year records) compared with its benchmark. Lipper averages consist of all the mutual funds in a particular category; Lipper indexes consist of a small number (10 or 30) of the largest funds in a category.
    *Summit funds require a $25,000 Minimum Investment.
    7-Day Annualized Yield1
    as of 10/17/2014
    Simple2 0.01%
    Simple w/o Waiver -0.29%
    Compound2 0.01%
    Compound w/o Waiver -0.25%
    Average Annual Total Returns3
      Month End
    9/30/14
    Quarter End
    9/30/14
    1 Year 0.01% 0.01%
    3 Years 0.01% 0.01%
    5 Years 0.01% 0.01%
    10 Years 1.58% 1.58%
    Since Inception 2.85% 2.85%
    Inception Date October 29, 1993
    Current performance may be lower or higher than the quoted past performance, which cannot guarantee future results. Return and yield will vary.
    1A method of calculating a money fund's yield by annualizing the fund's net investment income for the last seven days of each period divided by the fund's net asset value at the end of the period.

    2In an effort to maintain a zero or positive net yield for the fund, T. Rowe Price has voluntarily waived all or a portion of the management fee it is entitled to receive from the fund. A fee waiver has the effect of increasing the fund's net yield. The 7-day yield without waiver represents what the yield would have been if we were not waiving our management fee. This voluntary waiver is in addition to any contractual expense ratio limitation in effect for the fund and may be amended or terminated at any time without prior notice. Please see the prospectus for more details.

    Year-to-date figures are not annualized and represent total return, which includes reinvested distributions (income and capital gains) and any change in share price for the given period. The yield quotation more closely reflects the current earnings of the money market fund than the total return quotation.
    3Average annual total return figures include reinvested dividends and capital gain distributions.
    See Glossary for additional details on all data elements.