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

Net Asset Value
1 Day
Overall Morningstar Rating
Muni national long
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks a high level of income exempt from federal income taxes. 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 categories (AAA, AA, A, or BBB, or an equivalent rating) by at least one major credit rating agency or, if unrated, deemed to be of comparable quality by T. Rowe Price.


1 month+0.70% 3 years+2.52%
3 months+1.54% 5 years+5.12%
1 year+3.35% Since inception+6.17%
Data through --

Peer Comparisonvs. Muni national long

Performance 5-yr return+5.12%+4.21%
Expense ratio0.51%0.96%
Risk 5 year sharpe ratio1.030.94
Net assets$2.5B$1.5B
Average market cap$20.0B$26.1B
Average P/E7.76.7
Portfolio turnover8%8%

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Fund Management and Purchase Info

Fund familyT. Rowe Price
Fund manager & tenureKonstantine Mallas / 8 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00


Fixed income99.72%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 1.23%
-- 0.87%
-- 0.86%
-- 0.86%
-- 0.84%
-- 0.76%
-- 0.75%
-- 0.75%
-- 0.73%
-- 0.72%

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