T. Rowe Price US Trs Long-Term Idx Z (TRZUX)

Fund Assets	4.23B
Expense Ratio	0.00%
Min. Investment	$2,500
Turnover	11.80%
Dividend (ttm)	0.30
Dividend Yield	4.64%
Dividend Growth	0.37%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	6.48
YTD Return	-7.31%
1-Year Return	-8.62%
5-Year Return	-34.11%
52-Week Low	6.40
52-Week High	7.47
Beta (5Y)	n/a
Holdings	69
Inception Date	Mar 16, 2020

About TRZUX

T. Rowe Price U.S. Treasury Long-Term Index Fund Z Class is an open-end mutual fund that aims to track the performance of the Bloomberg U.S. Long Treasury Bond Index, focusing on long-duration U.S. Treasury securities. Its primary function is to provide high income while maintaining maximum credit protection, as it invests at least 80% of assets in U.S. Treasury securities backed by the full faith and credit of the U.S. government. Under normal conditions, the fund’s weighted average maturity exceeds 10 years and typically ranges between 15 and 20 years, aligning with its benchmark’s long-term profile. The portfolio is diversified across various Treasury bonds, notes, and bills, and may also include Treasury Inflation-Protected Securities (TIPS) and other government-backed obligations. The fund uses Treasury futures and related derivatives to efficiently manage duration and optimize portfolio alignment with the target index. With a low expense ratio and institutional share class structure, it is designed for investors seeking income and safety through exposure to government bonds—playing a key role in asset allocation for those managing interest rate risk and seeking a ballast in diversified investment portfolios.

• Fund Family: T. Rowe Price
• Category: Long Government
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: TRZUX
• Share Class: -z Class
• Index: Bloomberg U.S. Treasury Bond Long TR

Performance

TRZUX had a total return of -8.62% in the past year, including dividends. Since the fund's inception, the average annual return has been -7.37%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FTLTX	Fidelity	Fidelity Series Long-Term Treasury Bond Index Fund	n/a
VLGSX	Vanguard	Vanguard Long-Term Treasury Index Fund Admiral Shares	0.06%
VUSTX	Vanguard	Vanguard Long-Term Treasury Fund Investor Shares	0.20%
FNBGX	Fidelity	Fidelity Long-Term Treasury Bond Index Fund	0.03%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PRUUX	-i Class	0.09%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02514	Sep 30, 2026
Aug 31, 2026	$0.0243	Aug 31, 2026
Jul 31, 2026	$0.02751	Jul 31, 2026
Jun 30, 2026	$0.025	Jun 30, 2026
May 29, 2026	$0.02585	May 29, 2026
Apr 30, 2026	$0.02494	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

Data Sources Report a data error