Skip to Content
Morningstar

T. Rowe Price New York Tax-Free Bond I TRYIX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 10.66  /  −0.18 %
  • Total Assets 422.3 Mil
  • Adj. Expense Ratio
    0.440%
  • Expense Ratio 0.440%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Muni New York Long
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield 3.05%
  • Effective Duration 7.63 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:23 PM GMT+0

Morningstar’s Analysis TRYIX

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

  • People Pillar

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

A sound investment process and strong management team underpin T. Rowe Price New York Tax-Free Bond I's Morningstar Medalist Rating of Gold.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings TRYIX

More TRYIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PORT AUTH N Y & N J 5.5%

1.40 6.0 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.25%

1.39 5.9 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.5%

1.34 5.7 Mil
municipal

METROPOLITAN TRANSN AUTH N Y DEDICATED TAX FD 5.25%

1.33 5.7 Mil
municipal

NEW YORK LIBERTY DEV CORP LIBERTY REV 3%

1.25 5.3 Mil
municipal

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

1.20 5.1 Mil
municipal

NEW YORK LIBERTY DEV CORP LIBERTY REV 3%

1.20 5.1 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.25%

1.17 5.0 Mil
municipal

Cash & Cash Equivalents

1.16 4.9 Mil
Cash and Equivalents

NEW YORK ST PWR AUTH REV 4%

1.15 4.9 Mil
municipal