T. Rowe Price Tax-Free Income Fund (PRTAX)

9.97
Net Asset Value
+0.20%
1 Day
-1.97%
Year-to-Date
Overall Morningstar Rating
Muni national long
Style or Category
No Load
Sales Expenses
0.52%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks a high level of income exempt from federal income taxes by investing primarily in long-term investment-grade municipal securities. Normally- at least 80% of the fund's income will be exempt from federal income taxes. Although the fund may purchase securities of any maturity- the fund generally seeks longer-term municipal securities. Most investments are in investment-grade securities- which are securities rated in one of the four highest credit rating categories by at least one major credit rating agency or- if unrated- deemed to be of comparable quality by T. Rowe Price.

Performance

1 month+1.03% 3 years+2.73%
3 months+0.70% 5 years+2.74%
1 year+1.66% Since inception+5.92%
Data through --

Peer Comparisonvs. Muni national long

 PRTAXCategory
Performance 5-yr return+2.74%+2.65%
Expense ratio0.52%0.92%
Risk 5 year sharpe ratio0.570.48
Net assets$2.5B$2.1B
Average market cap--$20.1B
Average P/E--11.9
Portfolio turnover11%11%

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Fund Management and Purchase Info

Fund familyT. Rowe Price
Fund manager & tenureKonstantine Mallas / 10 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Fixed income99.84%
Cash0.16%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 1.19%
-- 0.95%
-- 0.83%
-- 0.83%
-- 0.81%
-- 0.79%
-- 0.76%
-- 0.72%
-- 0.72%
-- 0.71%