T. Rowe Price US Treasury Long-Term  PRULX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Long Government Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Avg Duration
   11.85 Yrs
   Avg Credit Quality
   AAA
As of 2009-09-30
Day Change
$ -0.03
  
NAV (2009-11-10)
$ 12.13
  
YTD Return % (2009-11-10)
-9.04%
  
Total Assets ($ mil)
275
View Data Definitions
  Performance    
Growth of $10,000 Fund: T. Rowe Price US Treasury Long-Term
(from 1999-01-01 to 2009-10-31) Category: Long Government
Index: BarCap US Agg Bond TR USD
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-10
Inception date: 1989-09-29 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-10
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund -7.35 2.17 7.58 6.09 7.19 7.67
+/- Category 4.43 -10.30 0.82 0.75 -0.60 ---
+/- BarCap US Agg Bond TR USD -14.26 -10.32 1.13 0.82 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) -6.23 10.50 8.42 6.47 7.34 7.78
Month-End (as of 2009-10-31) -7.48 12.92 7.71 5.93 7.19 7.67
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 11.06 5.96 4.20 5.22 ---
On Distribution & Sale of Shares --- 8.99 5.66 4.11 5.05 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 29 funds), (5 yrs : out of 26 funds), (10 yrs : out of 18 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is none.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
US Government 92.60
US Treasuries 90.86
TIPS 0.47
US Agency 1.26
Mortgage 5.51
Mortgage Pass-Thru 4.81
Mortgage CMO 0.69
Mortgage ARM 0.00
Credit 1.62
US Corporate 1.62
Asset-Backed 0.00
Convertible 0.00
Municipal 0.00
Corporate Inflation-Protected 0.00
Foreign 0.00
Foreign Corp 0.00
Foreign Govt 0.00
Cash 0.28
Bond Quality % of Bonds
AAA 100.0
AA 0.0
A 0.0
BBB 0.0
BB 0.0
B 0.0
Below B 0.0
Not Rated 0.0
 
Asset Allocation
% of Net Assets
Cash 0.3
Stocks 0.0
Bonds 99.7
Other 0.0
Foreign Stocks 0.0
(as a % of Assets)
Data through 2009-09-30 Data through 2009-09-30
 
Holding Status
Total Number of Stock Holdings Turnover % 84
Total Number of Bond Holdings 97 30 Day SEC Yield % 3.58
% of Assets in Top 10 Holdings 88.65 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Maturity
Date		 Amount
$000		 Value
$000		 % of Net
Assets
US Treasury Bond 6.25% 2030-05-15 29,900 39,146 14.01
US Treasury Bond 4.75% 2037-02-15 33,790 37,713 13.50
US Treasury Bond 7.125% 2023-02-15 27,600 37,018 13.25
US Treasury Bond 6% 2026-02-15 19,700 24,456 8.75
United States Treas Bds 3.5% 2039-02-15 25,820 23,395 8.37
US Treasury Bond 7.625% 2025-02-15 15,400 21,955 7.86
US Treasury Bond 4.375% 2038-02-15 20,800 21,918 7.84
US Treasury Bond 7.25% 2022-08-15 15,205 20,520 7.34
US Treasury Bond 1.75% 2028-01-15 13,236 12,698 4.54
US Treasury Bond 5.375% 2031-02-15 7,500 8,917 3.19
Data through 2009-09-30
  Other Information
Fund Inception: 1989-09-29
Portfolio Manager  (Start Date)
Brian J. Brennan  (2003-10-31)
Brennan is a portfolio manager with T. Rowe Price. He joined T. Rowe Price in 2000 and has been managing investments since 1995. Prior to joining T. Rowe Price, he was a fixed-income manager at Howard Hughes Medical Institute.
Sales Charge %
(taken from prospectus dated 2009-10-30)
Front: None
Deferred: None
Expense Ratio % 0.58
based on net assets
(taken from annual report dated 2009-05-31)
Correspondence Information
100 East Pratt Street

Baltimore,  MD  21202
USA
Telephone:
800-638-5660
410-547-2308
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

© Copyright 2009 Morningstar, Inc. All rights reserved. Morningstar, the Morningstar logo, Morningstar.com, Morningstar Tools are either trademark or service marks of Morningstar, Inc.
Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.