Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
0.29% 4.469B -- 28.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
-696.22M -0.45% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund seeks the highest level of income consistent with maximum credit protection by investing at least 85% of total assets in US Treasury securities. The Portfolio's weighted average maturity is expected to vary between 15 and 20 years, but may range from 10 to 30 years.
General
Security Type Mutual Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD Government
Peer Group General U.S. Treasury Funds
Global Macro Bond Government
US Macro U.S. Government & Treasury Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective General U.S. Treasury Funds
Fund Owner Firm Name T. Rowe Price
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 85
-1.460B Peer Group Low
4.518B Peer Group High
1 Year
% Rank: 94
-696.22M
-10.20B Peer Group Low
10.31B Peer Group High
3 Months
% Rank: 93
-1.065B Peer Group Low
8.726B Peer Group High
3 Years
% Rank: 50
-3.605B Peer Group Low
22.41B Peer Group High
6 Months
% Rank: 92
-4.416B Peer Group Low
8.646B Peer Group High
5 Years
% Rank: 23
-757.83M Peer Group Low
40.06B Peer Group High
YTD
% Rank: 97
-4.241B Peer Group Low
11.05B Peer Group High
10 Years
% Rank: 22
-302.86M Peer Group Low
46.25B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
YTD
-1.87%
14.06%
18.22%
-5.23%
-30.00%
2.38%
-6.61%
5.68%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.11%
1.01%
6.56%
8.06%
-3.01%
-12.33%
2.98%
0.63%
7.43%
-1.24%
14.35%
18.34%
-4.61%
-31.39%
2.69%
-7.78%
5.60%
-1.65%
14.27%
17.63%
-4.83%
-29.41%
3.24%
-6.14%
6.29%
-1.63%
14.22%
17.81%
-4.86%
-29.42%
3.18%
-6.18%
6.22%
As of December 05, 2025.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 3.86%
30-Day SEC Yield (10-31-25) 4.42%
7-Day SEC Yield --
Number of Holdings 65
Bond
Yield to Maturity (9-30-25) 4.71%
Effective Duration 14.67
Average Coupon 3.20%
Calculated Average Quality 2.000
Effective Maturity 21.71
Nominal Maturity 21.71
Number of Bond Holdings 59
As of September 30, 2025

Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.00%
Stock 0.00%
Bond 98.98%
Convertible 0.00%
Preferred 0.00%
Other 1.02%
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Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee 0.02%
Administration Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 2500.00 None
Minimum Subsequent Investment 100.00 None

Basic Info

Investment Strategy
The Fund seeks the highest level of income consistent with maximum credit protection by investing at least 85% of total assets in US Treasury securities. The Portfolio's weighted average maturity is expected to vary between 15 and 20 years, but may range from 10 to 30 years.
General
Security Type Mutual Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD Government
Peer Group General U.S. Treasury Funds
Global Macro Bond Government
US Macro U.S. Government & Treasury Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective General U.S. Treasury Funds
Fund Owner Firm Name T. Rowe Price
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 3.86%
30-Day SEC Yield (10-31-25) 4.42%
7-Day SEC Yield --
Number of Holdings 65
Bond
Yield to Maturity (9-30-25) 4.71%
Effective Duration 14.67
Average Coupon 3.20%
Calculated Average Quality 2.000
Effective Maturity 21.71
Nominal Maturity 21.71
Number of Bond Holdings 59
As of September 30, 2025

Fund Details

Key Dates
Inception Date 9/29/1989
Last Annual Report Date 5/31/2025
Last Prospectus Date 8/1/2025
Share Classes
PRUUX Inst
TRZUX Z
Attributes
Index Fund Yes
Inverse Fund No
Leveraged Fund --
Fund of Funds No
Currency Hedged Fund --
Synthetic Replication Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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Excel Add-In Codes

Name: =YCI("M:PRULX", "name")
Broad Asset Class: =YCI("M:PRULX", "broad_asset_class")
Broad Category: =YCI("M:PRULX", "broad_category_group")
Prospectus Objective: =YCI("M:PRULX", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
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