T. Rowe Price Summit Cash Reserves Fund (TSCXX)
Ticker Symbol:
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Snapshot
Quick Stats
Current NAV as of 02/05/2016 $1.00
NAV Change $0.00
Daily YTD Return as of 02/05/2016 N/A
NAV 12 Month Low-High N/A
Net Assets as of 01/31/2016 $5,022.50 Million
Performance Comparison
as of 01/31/2016
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.
Average Annual Total Returns1
1 Year 0.01% 0.01%
3 Years 0.01% 0.01%
5 Years 0.01% 0.01%
10 Years 1.22% 1.25%
Since Inception 2.68% 2.69%
Inception Date October 29, 1993
Expense Ratio as of 10/31/2014 0.45%
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 12/31/2015
Investment Objective
The fund's objectives 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 Yield2
as of 02/05/2016
Simple3 0.02%
Simple w/o Waiver 0.01%
Compound3 0.02%
Compound w/o Waiver 0.01%
2A 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.

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.