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Morningstar

T. Rowe Price Tax-Free Income Inv PRTAX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 9.28  /  −0.31 %
  • Total Assets 2.3 Bil
  • Adj. Expense Ratio
    0.530%
  • Expense Ratio 0.530%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 3.12%
  • Effective Duration 7.16 years

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:18 PM GMT+0

Morningstar’s Analysis PRTAX

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

  • People Pillar

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

Still a solid offering.

Associate Director Elizabeth Foos

Elizabeth Foos

Associate Director

Summary

T. Rowe Price Tax-Free 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.

by Elizabeth Foos
Rated on Published on

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Portfolio Holdings PRTAX

More PRTAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 8.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CHICAGO ILL O HARE INTL ARPT REV 4.5%

0.99 22.8 Mil
municipal

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

0.98 22.5 Mil
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 5%

0.88 20.3 Mil
municipal

NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV 5%

0.83 19.2 Mil
municipal

SALT RIV PROJ AGRIC IMPT & PWR DIST ARIZ ELEC SYS REV 5%

0.83 19.0 Mil
municipal

MIAMI-DADE CNTY FLA EDL FACS AUTH REV 5%

0.82 18.8 Mil
municipal

REGIONAL TRANSN AUTH ILL 6%

0.78 18.0 Mil
municipal

DENVER COLO CONVENTION CTR HOTEL AUTH REV 5%

0.77 17.7 Mil
municipal

Cash & Cash Equivalents

0.76 17.6 Mil
Cash and Equivalents

HAMILTON CNTY OHIO HOSP FACS REV 5%

0.75 17.3 Mil
municipal