Skip to Content
Morningstar

T. Rowe Price Summit Municipal Intm Adv PAIFX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 11.24  /  −0.26 %
  • Total Assets 5.3 Bil
  • Adj. Expense Ratio
    0.750%
  • Expense Ratio 0.750%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 25,000
  • Status Open
  • TTM Yield 2.29%
  • Effective Duration 4.81 years

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:14 PM GMT+0

Morningstar’s Analysis PAIFX

Will PAIFX 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 PAIFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PAIFX 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 PAIFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Solid over the long term.

Associate Director Elizabeth Foos

Elizabeth Foos

Associate Director

Summary

T. Rowe Price Summit Municipal Intermediate’s standout team and compelling and repeatable process make it a strong pick.

by Elizabeth Foos
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PAIFX

More PAIFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PUERTO RICO COMWLTH 5.75%

1.00 55.5 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%

0.64 35.6 Mil
municipal

Cash & Cash Equivalents

0.63 35.2 Mil
Cash and Equivalents

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%

0.61 34.1 Mil
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%

0.58 32.1 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%

0.57 31.7 Mil
municipal

CHICAGO ILL MIDWAY ARPT REV 5%

0.54 30.1 Mil
municipal

BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4%

0.54 29.7 Mil
municipal

SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4%

0.53 29.2 Mil
municipal

DENVER COLO CITY & CNTY ARPT REV 5%

0.51 28.3 Mil
municipal