T. Rowe Price Summit Municipal Income’s seasoned team is well-prepared for a pending manager departure. The team’s strong collaboration and compelling, repeatable process still make this strategy a standout.
T. Rowe Price Summit Municipal Inc Inv PRINX
- NAV / 1-Day Return 11.23 / −0.06 %
- Total Assets 2.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.500%
- Distribution Fee Level Below Average
- Share Class Type No Load
- Category Muni National Long
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 25,000
- Status Open
- TTM Yield 3.15%
- Effective Duration 7.14 years
USD | NAV as of May 10, 2024 | 1-Day Return as of May 10, 2024, 10:16 PM GMT+0
Morningstar’s Analysis PRINX
Will PRINX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 6.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Cash & Cash Equivalents | 2.02 | 49.5 Mil | Cash and Equivalents |
NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV 5% | 0.96 | 23.4 Mil | municipal |
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 0.79 | 19.4 Mil | municipal |
HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV IAM COML PAPER 3/A2 SER C-1 4 | 0.74 | 18.2 Mil | Cash and Equivalents |
SALT RIV PROJ AGRIC IMPT & PWR DIST ARIZ ELEC SYS REV 5.25% | 0.68 | 16.6 Mil | municipal |
OKLAHOMA TRANSN AUTH OK F/K/A OKLAHOMA ST TPK AUTH 5.5% | 0.67 | 16.3 Mil | municipal |
NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS 4% | 0.58 | 14.1 Mil | municipal |
COLORADO ST CTFS PARTN 6% | 0.56 | 13.6 Mil | municipal |
NEW JERSEY ST TRANSN TR FD AUTH 5.25% | 0.55 | 13.3 Mil | municipal |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75% | 0.51 | 12.4 Mil | municipal |