T. Rowe Price U.S. Treasury Long-Term Index Fund (PRULX) Fund Overview
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Beta 2.23: the stock has moved about 123% more than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerT. Rowe Price U.S. Treasury Long-Term Index Fund (PRULX) trades at $6.41. T. Rowe Price U.S. Treasury Long-Term Index Fund (PRULX) aims to replicate the performance of the Bloomberg U.S. Long Treasury Bond Index. Sector: Financials.
Price as of · Last analyzed: Mar 16, 2026Analyst Coverage for PRULX: PRULX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
T. Rowe Price U.S. Treasury Long-Term Index Fund (PRULX) Financial Services Profile
T. Rowe Price U.S. Treasury Long-Term Index Fund (PRULX) provides investors with exposure to long-term U.S. Treasury bonds, tracking the Bloomberg U.S. Long Treasury Bond Index. With a focus on securities backed by the U.S. government, the fund offers a low-cost, passive investment strategy within the asset management sector, suitable for investors seeking stability and long-duration exposure.
What Is the Investment Thesis for PRULX?
PRULX provides a straightforward investment proposition: mirroring the performance of the Bloomberg U.S. Long Treasury Bond Index. With a beta of 2.23, the fund exhibits higher volatility compared to the broader market. The fund's strategy of investing primarily in U.S. Treasury securities offers a degree of safety, backed by the full faith and credit of the U.S. government. However, returns are subject to interest rate risk, as rising rates can negatively impact bond values. The fund's expense ratio and tracking error relative to the index will be key determinants of its value proposition. Investors may want to evaluate their risk tolerance and investment horizon when evaluating PRULX, as its long-term focus and sensitivity to interest rate movements make it suitable for specific portfolio strategies.
Based on FMP financials and quantitative analysis
PRULX Key Highlights
Market Cap: $4.34B, indicating a substantial asset base.
- Beta: 2.23, reflecting higher volatility compared to the broader market.
- Investment Focus: Primarily invests in U.S. Treasury securities with maturities of 10 years or more.
- Benchmark: Tracks the Bloomberg U.S. Long Treasury Bond Index.
- Dividend Yield: None, as the fund does not distribute dividends.
Who Are PRULX's Competitors?
PRULX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| CSRSX Cohen & Steers Realty Shares Fund | $69.35 | +1.05% | $4.64B | — |
| FHASX Fidelity Freedom Blend 2035 Fund | $14.67 | +0.27% | $5.42B | — |
| FTRNX Fidelity Trend Fund | $227.64 | +0.64% | $5.26B | — |
| HRAUX Carillon Eagle Mid Cap Growth Fund | $77.47 | +0.41% | $4.22B | — |
| PCLIX PIMCO CommoditiesPLUS Strategy Fund | $8.51 | +0.35% | $5.76B | — |
| BLK BlackRock, Inc. | $1079.42 | +1.22% | $167B | — |
| BX Blackstone Inc. | $113.03 | +1.24% | $137B | — |
| APOS Apollo Global Management, Inc. | $25.60 | +0.04% | $74.9B | — |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are PRULX's Key Strengths?
Low expense ratio.
- Transparent investment strategy.
- Exposure to high-quality U.S. Treasury securities.
- Backed by the full faith and credit of the U.S. government.
What Are PRULX's Weaknesses?
Sensitivity to interest rate risk.
- Limited potential for outperformance.
- No dividend yield.
- High beta indicates higher volatility compared to the market.
What Are the Key Risks for PRULX?
Rising interest rates leading to capital losses.
- Inflation eroding the real value of returns.
- Changes in government policy impacting the U.S. Treasury market.
- Credit risk associated with U.S. Treasury securities (although minimal).
- Tracking error relative to the benchmark index.
What Threats Does PRULX Face?
- Rising interest rates negatively impacting bond values.
- Inflation eroding real returns.
- Changes in government policy affecting the U.S. Treasury market.
- Increased competition from other fixed-income funds and ETFs.
What Are PRULX's Competitive Advantages?
- Low-Cost Structure: As a passive index fund, PRULX benefits from a low-cost structure, making it a noteworthy option for cost-conscious investors.
- Brand Reputation: T. Rowe Price has a strong reputation in the asset management industry, providing investors with confidence in the fund's management and operations.
- Index Tracking Expertise: The fund's expertise in tracking the Bloomberg U.S. Long Treasury Bond Index allows it to closely replicate the benchmark's performance.
- Scale: With a substantial asset base of $4.34B, PRULX benefits from economies of scale, further reducing its operating costs.
What Does PRULX Do?
T. Rowe Price U.S. Treasury Long-Term Index Fund (PRULX) is designed to mirror the investment results of the Bloomberg U.S. Long Treasury Bond Index. The fund achieves this by investing at least 80% of its net assets in securities held within the benchmark index. A significant portion, also at least 80% of net assets, is allocated to U.S. Treasury securities, which are backed by the full faith and credit of the U.S. government. The underlying index comprises U.S. dollar-denominated, fixed-rate nominal debt issued by the U.S. Treasury, with maturities spanning 10 years or more. This investment strategy aims to provide investors with a return profile closely aligned with the long-term U.S. Treasury market. PRULX offers a passive investment approach, seeking to replicate the index's performance rather than actively selecting individual securities. As a fund managed by T. Rowe Price, it benefits from the firm's established expertise in asset management and its commitment to providing investors with efficient and transparent investment solutions. The fund's focus on long-term U.S. Treasury bonds makes it a suitable option for investors seeking stability and duration within their fixed-income portfolios.
What Products and Services Does PRULX Offer?
- Tracks the investment returns of the Bloomberg U.S. Long Treasury Bond Index.
- Invests primarily in U.S. Treasury securities with maturities of 10 years or more.
- Provides investors with exposure to the long-term U.S. Treasury market.
- Offers a low-cost, passive investment strategy.
- Seeks to replicate the performance of the benchmark index.
- Focuses on securities backed by the full faith and credit of the U.S. government.
How Does PRULX Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- Operates as a passive index fund, minimizing active management costs.
- Aims to provide investors with a return profile closely aligned with the benchmark index.
- Attracts investors seeking exposure to long-term U.S. Treasury bonds.
What Industry Does PRULX Operate In?
PRULX operates within the asset management industry, specifically focusing on fixed-income investments. The fund competes with other index funds and ETFs that track U.S. Treasury bonds. The broader asset management industry is influenced by factors such as interest rate movements, inflation expectations, and investor sentiment towards risk assets. Demand for fixed-income investments tends to increase during periods of economic uncertainty or when investors seek to reduce portfolio volatility. The competitive landscape includes firms offering similar passive investment strategies, such as CSRSX, FHASX, FTRNX, HRAUX, and PCLIX, requiring PRULX to maintain competitive expense ratios and tracking accuracy.
Who Are PRULX's Key Customers?
- Individual investors seeking fixed-income exposure.
- Institutional investors, such as pension funds and insurance companies.
- Financial advisors allocating assets on behalf of their clients.
- Retirees and those approaching retirement.
- Investors seeking safe-haven assets during periods of market volatility.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is a fund, not an operating company
PRULX Financials
Bull Case vs Bear Case
Bull Case
- Low expense ratio.
- Transparent investment strategy.
- Exposure to high-quality U.S. Treasury securities.
- Backed by the full faith and credit of the U.S. government.
Bear Case
- Sensitivity to interest rate risk.
- Limited potential for outperformance.
- No dividend yield.
- High beta indicates higher volatility compared to the market.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
PRULX Latest News
No recent news available for PRULX.
PRULX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for PRULX.
Price Targets
Wall Street price target analysis for PRULX.
PRULX MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for PRULX; grades run from A+ (80-100) to F (below 30).
What Investors Ask About T. Rowe Price U.S. Treasury Long-Term Index Fund (PRULX) — Financials
What does T. Rowe Price U.S. Treasury Long-Term Index Fund do?
T. Rowe Price U.S. Treasury Long-Term Index Fund (PRULX) is a passively managed fund designed to mirror the performance of the Bloomberg U.S. Long Treasury Bond Index. The fund invests primarily in U.S. Treasury securities with maturities of 10 years or more, offering investors exposure to the long-term U.S. Treasury market.
What do analysts say about PRULX stock?
As a passively managed index fund, PRULX is not typically subject to individual stock analysis. However, analysts may provide commentary on the outlook for long-term U.S. Treasury bonds, which would indirectly impact the fund's prospects. Key valuation metrics to consider include the fund's expense ratio and tracking error relative to the benchmark index.
What are the main risks for PRULX?
The primary risk for PRULX is interest rate risk, as rising interest rates can negatively impact the value of long-term U.S. Treasury bonds. Inflation also poses a risk, as it can erode the real value of returns. Changes in government policy affecting the U.S. Treasury market could also impact the fund's performance.
How does T. Rowe Price U.S. Treasury Long-Term Index Fund mitigate credit risk?
T. Rowe Price U.S. Treasury Long-Term Index Fund primarily invests in U.S. Treasury securities, which are backed by the full faith and credit of the U.S. government. This backing significantly mitigates credit risk, as the likelihood of the U.S. government defaulting on its debt obligations is considered to be very low.
What regulatory challenges does T. Rowe Price U.S. Treasury Long-Term Index Fund face?
As a registered investment company, T. Rowe Price U.S. Treasury Long-Term Index Fund is subject to regulatory oversight by the Securities and Exchange Commission (SEC). Changes in these regulations could impact the fund's operating costs and investment strategy.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- The information provided is based on available data and is subject to change.
- Investment decisions should be based on individual circumstances and risk tolerance.