T. Rowe Price U.S. Treasury Money Fund - I Class (TRGXX)
Ticker Symbol:
TRGXX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Minimum initial investment $1,000,000, certain exceptions may apply.
Minimum waived for I Classes offered through Workplace Retirement plans.
Fund Snapshot
Quick Stats
Current NAV as of 12/12/2018 $1.0000
NAV Change $0.0000
Daily YTD Return as of 12/12/2018 1.46%
NAV 12 Month Low-High $1.0000 - $1.0000
Net Assets as of 11/30/2018 $5,490.86 Million
Important money market information: Click here for NAV Type, Liquidity Fees & Redemption Gates, Daily & Weekly liquid asset levels, Holdings, Market-based NAV and Net Shareholder flows.
Performance Comparison
as of 11/30/2018
This chart shows the value of a hypothetical $10,000 investment in the fund over the past 10 years or since its inception (for funds lacking 10-year records). The result is compared with benchmarks, which may include a broad-based market index and a peer group average or index. Market indexes do not include expenses, which are deducted from fund returns as well as mutual fund averages and indexes.
Average Annual Total Returns 1 ,2
  Month
End
11/30/2018
Quarter
End
09/30/2018
1 Year 1.49% 1.29%
3 Years 0.66% 0.55%
5 Years 0.40% 0.34%
10 Years 0.21% 0.19%
Since Inception 3.49% 3.49%
Investor Class Inception Date June 28, 1982
I Class Inception Date May 3, 2017
Gross Expense Ratio^ 0.36%
Net Expense Ratio^ 0.30%
Waiver Type Contractual
Limitation Expires September 30, 2019

Current performance may be lower or higher than the quoted past performance, which cannot guarantee future results. Return and yield will vary.

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.

^ The gross expense ratio reflects the fund expenses as stated in the fee table of the fund's prospectus prior to the deduction of any waiver or reimbursement. The net expense ratio reflects fund expenses after the deduction of any waiver or reimbursement. If a fund has an active contractual expense limitation, the expiration date is shown below the gross and net expense ratio values above. Expense ratios are as of the most recent prospectus.
1Average annual total return figures include reinvested dividends and capital gain distributions.
2 The T. Rowe Price Funds-I Class share the portfolio of an existing fund (the original share class of the fund is referred to as the "investor class"). The total return figures for I Class shares have been calculated using the performance data of the investor class up to the inception date of the I Class (shown above) and the actual performance results of the I Class since that date. Because the I Classes are expected to have lower expenses than the Investor Classes, the I Class performance, had it existed over the periods shown, would have been higher. The since inception performance returns are calculated from the investor class inception date indicated above.
Average Annual Total Returns and Benchmarks
as of 09/30/2018
Investment Objective
The fund seeks maximum preservation of capital and liquidity and, consistent with these goals, the highest possible current income.
7-Day Annualized Yield3
as of 12/12/2018
Simple4 2.00%
Simple w/o Waiver 2.00%
Compound4 2.02%
Compound w/o Waiver 2.02%
3 A 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.

4 In 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.