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 11.28 / −0.08 %
- 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 3.04%
- Effective Duration 7.33 years
USD | NAV as of Mar 18, 2024 | 1-Day Return as of Mar 18, 2024, 10:23 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 | 1.19 | 28.4 Mil | Cash and Equivalents |
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 1.03 | 24.5 Mil | municipal |
SALT RIV PROJ AGRIC IMPT & PWR DIST ARIZ ELEC SYS REV 5.25% | 0.72 | 17.1 Mil | municipal |
OKLAHOMA TRANSN AUTH OK F/K/A OKLAHOMA ST TPK AUTH 5.5% | 0.70 | 16.7 Mil | municipal |
NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS 4% | 0.60 | 14.3 Mil | municipal |
COLORADO ST CTFS PARTN 6% | 0.59 | 13.9 Mil | municipal |
NEW JERSEY ST TRANSN TR FD AUTH 5.25% | 0.57 | 13.5 Mil | municipal |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75% | 0.52 | 12.3 Mil | municipal |
COLORADO ST CTFS PARTN 6% | 0.48 | 11.5 Mil | municipal |
UNIVERSITY CALIF REVS 5.5% | 0.48 | 11.5 Mil | municipal |