T. Rowe Price T. Rowe Price

U.S. Treasury Money Fund - I Class

The fund seeks maximum preservation of capital and liquidity and, consistent with these goals, the highest possible current income.

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.


Morningstar (Category) 1

US Money Market - Taxable

Fund Manager Tenure2


NAV Type


Net Assets3


Data as of 06/30/2019



Daily Price Change


Data as of 07/17/2019

Joseph K. Lynagh, Portfolio Manager

Joseph Lynagh is a portfolio manager in the Fixed Income Division at T. Rowe Price and head of the Cash Management team. Mr. Lynagh manages the firm's taxable and municipal money market portfolios, the ultra short bond portfolio, and other cash investments. He is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.

Percentage of the fund's assets invested in securities that can be converted into cash within one business day.  Actual liquidity may exceed 100% when there are unsettled security purchases as of the report date.


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Number of years managing the fund.  In the case of co-portfolio management, the longer tenure is displayed.


Figure applies to all share classes.

For a Fund prospectus, please click here. (troweprice.com/prospectus)

For additional information on Money Market Funds, including performance, please click here. (https://www.troweprice.com/personal-investing/tools/fund-research/money-market-funds)

Net Asset Value (NAV): A mutual fund's price per share. A fund’s NAV is calculated by dividing the assets, less any liabilities, by the number of outstanding shares.  Retail and government money market funds may calculate a fund’s NAV by valuing the securities in the fund’s portfolio at amortized cost.

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