T. Rowe Price Prime Reserve Fund |
PRRXX
Fund Status:
Open to new Retail investors
/
Open to subsequent Retail investments
Fund Snapshot
Quick Stats
| Current NAV as of 07/28/2010 | $1.00 |
| NAV Change | $0.00 |
| Daily YTD Return as of 07/28/2010 | 0.01% |
| NAV 12 Month Low-High | N/A |
| Net Assets as of 06/30/2010 | $5,586.04 Million |
Performance Comparison
as of
06/30/2010
Average Annual Total Returns1
| Month End 06/30/2010 |
Quarter End 06/30/2010 |
|
| 1 Year | 0.01% | 0.01% |
| 3 Years | 1.72% | 1.72% |
| 5 Years | 2.75% | 2.75% |
| 10 Years | 2.46% | 2.46% |
| Since Inception | 5.89% | 5.89% |
| Inception Date | January 26, 1976 | |
| Expense Ratio as of 05/31/2009 | 0.60% | |
Current performance may be lower or higher than the quoted past performance,
which cannot guarantee future results. Return and yield will vary.
1Average annual total return figures include reinvested dividends and capital gain distributions.
Average Annual Total Returns and Benchmarks
as of
06/30/2010
Investment Objective
The fund's goals are
preservation of capital, liquidity, and,
consistent with these, the highest possible
current income.
An investment in money market funds 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.
7-Day Annualized Dividend Yield2
as of
07/28/2010
| Simple | 0.01% |
| Simple w/o Waiver3 | -0.16% |
| Compound | 0.01% |
| Compound w/o Waiver3 | -0.15% |
2Yields represent the average daily dividends for the seven days,
annualized by 365 days and divided by the net asset values per
share at the end of the period. The yield quotation more closely reflects the
current earnings of the money market fund than the total return.
3In 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.
3In 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.
See Glossary for additional details on all data elements.
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