TRZTX Fees and Costs — T. Rowe Price U.S. Treasury Intermediate Index Fund, Z Class
Data updated: 2026-08-12
The net expense ratio is 0.00%: a 0.06% management fee plus 0.14% other expenses, less a 0.20% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $6K in broker commissions, 0.0014% of average net assets, and portfolio turnover was 14%.
TRZTX Fees and Expenses
Annual operating expenses and sales charges of TRZTX. Prospectus, as of July 27, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.06% |
| 12b-1 fee | — |
| Other expenses | 0.14% |
| Gross expense ratio | 0.20% |
| Fee waiver | −0.20% |
| Net expense ratio | 0.00% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
TRZTX Costs Over Time
On $10,000 invested in TRZTX, assuming 5% a year before costs, total costs come to $1 over 5 years, cutting the return by 0.00% 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 0.00%) | $0 | $0 | $0 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $0 | $0 |
| Total costs | $0 | $0 | $1 |
| Value after costs | $10,500 | $11,576 | $12,762 |
| Impact on return, per year | 0.00% | 0.00% | 0.00% |
TRZTX 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): 0.0014%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $128.1M
- Portfolio turnover (prospectus): 14%
- Securities on loan, average value: $0
- Net income from securities lending: $317 (0.000% of average net assets)
TRZTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $1K | 23.73% |
| Citigroup Inc. | $1K | 23.31% |
| GOLDMAN SACHS & CO. LLC | $1K | 22.50% |
| MORGAN STANLEY & CO. LLC | $1K | 17.18% |
| J.P. MORGAN SECURITIES LLC | $822 | 13.29% |
TRZTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNP PARIBAS | $29.2M | 24.35% |
| BOFA SECURITIES, INC. | $17.2M | 14.30% |
| THE TORONTO-DOMINION BANK | $14.1M | 11.73% |
| J.P. MORGAN SECURITIES LLC | $13.6M | 11.33% |
| BMO Capital Markets Corp. | $13.2M | 10.97% |
| BARCLAYS CAPITAL INC. | $10.7M | 8.93% |
| GOLDMAN SACHS & CO. LLC | $7.6M | 6.32% |
| MORGAN STANLEY & CO. LLC | $6.4M | 5.33% |
| The Bank of Nova Scotia | $4.9M | 4.11% |
| CITADEL SECURITIES INSTITUTIONAL LLC | $3.2M | 2.63% |
T. Rowe Price U.S. Treasury Intermediate Index Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TRZTX | Z Class | 0.00% | — |
| PRKIX | I Class | 0.11% | — |
| PRTIX | T. Rowe Price U.S. Treasury Intermediate Index Fund | 0.35% | — |
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.