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Morningstar

T. Rowe Price NY Tax-Free Bond PRNYX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 10.68  /  +0.01 %
  • Total Assets 422.1 Mil
  • Adj. Expense Ratio
    0.530%
  • Expense Ratio 0.530%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Muni New York Long
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 2.96%
  • Effective Duration 7.63 years

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:21 PM GMT+0

Morningstar’s Analysis PRNYX

Will PRNYX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PRNYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PRNYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PRNYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin T. Rowe Price NY Tax-Free Bond's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PRNYX

More PRNYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PORT AUTH N Y & N J 5.5%

1.42 6.0 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.25%

1.40 5.9 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.5%

1.35 5.7 Mil
municipal

METROPOLITAN TRANSN AUTH N Y DEDICATED TAX FD 5.25%

1.34 5.7 Mil
municipal

NEW YORK LIBERTY DEV CORP LIBERTY REV 3%

1.26 5.3 Mil
municipal

NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS 4%

1.21 5.1 Mil
municipal

NEW YORK LIBERTY DEV CORP LIBERTY REV 3%

1.21 5.1 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.25%

1.18 5.0 Mil
municipal

NEW YORK ST PWR AUTH REV 4%

1.17 4.9 Mil
municipal

TRIBOROUGH BRDG & TUNL AUTH NY REVS 5%

1.12 4.7 Mil
municipal