PRRXX Fees and Costs — T. Rowe Price Government Money Fund, Inc.
Data updated: 2026-08-12
The net expense ratio is 0.33%: a 0.18% management fee plus 0.15% other expenses. There are no sales loads or redemption fees.
PRRXX Fees and Expenses
Annual operating expenses and sales charges of PRRXX. Prospectus, as of July 27, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.18% |
| 12b-1 fee | — |
| Other expenses | 0.15% |
| Gross expense ratio | 0.33% |
| Fee waiver | — |
| Net expense ratio | 0.33% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
PRRXX Costs Over Time
On $10,000 invested in PRRXX, assuming 5% a year before costs, total costs come to $209 over 5 years, cutting the return by 0.35% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.33%) | $35 | $109 | $190 |
| Lost growth on money paid in costs | $0 | $5 | $19 |
| Total costs | $35 | $114 | $209 |
| Value after costs | $10,465 | $11,462 | $12,554 |
| Impact on return, per year | 0.35% | 0.35% | 0.35% |
PRRXX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
PRRXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $736.6B | 42.25% |
| RBC Capital Markets, LLC | $376.5B | 21.60% |
| Citigroup Inc. | $143.0B | 8.20% |
| Federal Reserve Bank of New York | $111.7B | 6.41% |
| J.P. MORGAN SECURITIES LLC | $106.1B | 6.08% |
| GOLDMAN SACHS & CO. LLC | $98.7B | 5.66% |
| HSBC Securities (USA) Inc. | $56.3B | 3.23% |
| BOFA SECURITIES, INC. | $48.6B | 2.79% |
| BMO Capital Markets Corp. | $35.8B | 2.05% |
| CREDIT AGRICOLE SA | $30.1B | 1.72% |
T. Rowe Price Government Money Fund, Inc. Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TTGXX | I Class | 0.21% | — |
| PRRXX | T. Rowe Price Government Money Fund, Inc. | 0.33% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.