Morningstar

T. Rowe Price Summit Municipal Intermediate Fund I Class PRTMX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 11.47  /  0.00
  • Total Assets 5.2B
  • Adj. Expense Ratio
    0.290%
  • Expense Ratio 0.290%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield 3.30%
  • Effective Duration 5.58 years

USD | NAV as of Jun 10, 2026 | 1-Day Return as of Jun 10, 2026, 12:11 AM GMT+0

Morningstar’s Analysis PRTMX

Will PRTMX outperform in the 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 PRTMX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

Lead manager Charlie Hill retires, but a comanager and a compelling approach remains.

Associate Director Elizabeth Foos

Elizabeth Foos

Associate Director

Summary

T. Rowe Price Summit Municipal Intermediate’s approach remains thoughtful and collaborative despite several team changes over the past three years.

by Elizabeth Foos
Rated on Published on

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Portfolio Holdings PRTMX

More PRTMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PUERTO RICO COMWLTH 5.75%

1.09 53M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%

0.72 35M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%

0.69 33M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4%

0.68 33M
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%

0.66 32M
municipal

Cash Offsets For Shorts & Derivatives

0.66 32M
Cash and Equivalents

SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4%

0.62 30M
municipal

NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5%

0.56 27M
municipal

CHICAGO ILL MIDWAY ARPT REV 5%

0.55 27M
municipal

CHANDLER ARIZ INDL DEV AUTH INDL DEV REV 5%

0.52 25M
municipal

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