
T. Rowe Price U.S. Treasury Funds, Inc. - T. Rowe Price U.S. Treasury Money Fund (PRTXX)
PRTXX Price Chart
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PRTXX Fund Profile
Key details and information about T. Rowe Price U.S. Treasury Funds, Inc. - T. Rowe Price U.S. Treasury Money Fund (PRTXX).
Sector Focus
Financial Services
Industry
Asset Management - Bonds
Inception Date
17 Apr 2023
Description
The T. Rowe Price U.S. Treasury Money Fund operates as a money market fund under the umbrella of T. Rowe Price U.S. Treasury Funds, Inc., with investment management provided by T. Rowe Price Associates. Its primary objectives are the utmost preservation of capital and ensuring high liquidity. Consistent with these aims, it also endeavors to generate the highest possible current income. The fund's investment strategy dictates that at least 80% of its net assets be allocated to U.S. Treasury securities, which are fully backed by the U.S. federal government. Any remaining assets are invested in other securities guaranteed by the U.S. government. A key management goal is to maintain a stable share price of $1.00. To achieve this, the fund refrains from purchasing any security with an individual maturity exceeding 13 months, and it maintains a weighted average maturity for its entire portfolio that does not surpass 60 days. The fund is denominated in U.S. dollars and is accessible directly to individual investors, as well as through various financial intermediaries.
PRTXX Fund Performance
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