PATAX : T. Rowe Price Tax-Free Income Fund Advisor Class

PATAX is a Bond Market Municipal Bond with HIGH fees.

PATAX

T. Rowe Price Tax-Free Income Fund Advisor Class

FI Score

53 /100

Expense Ratio Rating

4 /10

Expense Rating

2 /10

Market Score

8 /10

Category Score

8 /10

Market Size

8 /10

53% FI Score
  • patax
  • Mutual Fund
  • Bond
  • Municipal Bond

T. Rowe Price Tax-Free Income Fund Advisor Class

Expenses: 0.84% (Better than 0% of similar funds)

This is an OK choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

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.

Largest Holdings

Amount Holding
1.10% NEW YORK LIBERTY DEV CORP LIBERTY REV 5.75%
0.82% IDAHO HEALTH FACS AUTH REV 5%
0.81% MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5%
0.80% MIAMI-DADE CNTY FLA EDL FACS AUTH REV 5%
0.80% REGIONAL TRANSN AUTH ILL 6%
0.75% BROOKHAVEN GA DEV AUTH REV 4%
0.71% METROPOLITAN TRANSN AUTH N Y REV 5.25%
0.68% MIAMI-DADE CNTY FLA TRAN SYS SALES SURTAX REV 5%
0.68% ALACHUA CNTY FLA HEALTH FACS AUTH HEALTH FACS REV 5%
0.67% GARDEN ST N J PRESERVATION TR OPEN SPACE & FARMLAND PRESERVATION 5.75%
0.67% CALIFORNIA ST 5%
0.65% TARRANT CNTY TEX CULTURAL ED FACS FIN CORP HOSP REV 4%
0.63% HARRIS CNTY TEX HEALTH FACS DEV CORP REV 0.14%
0.63% CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5%
0.62% PHILADELPHIA PA ARPT REV 5%
0.61% ALACHUA CNTY FLA HEALTH FACS AUTH HEALTH FACS REV 4%
0.59% TARRANT CNTY TEX CULTURAL ED FACS FIN CORP REV 5%
0.59% METROPOLITAN PIER & EXPOSITION AUTH ILL DEDICATED ST TAX REV 5.5%
0.58% HAMPTON RDS VA TRANSN ACCOUNTABILITY COMMN REV 5.5%
0.57% NEW YORK ST DORM AUTH REVS ST SUPPORTED DEBT 5%
0.56% WASHINGTON D C MET AREA TRAN AUTH GROSS REV 5%
0.56% NORTH TEX TWY AUTH REV 5%
0.56% GRAND FORKS N D HEALTH CARE SYS REV 5%
0.56% NEW JERSEY ST TRANSN TR FD AUTH 5.25%
0.56% UNIVERSITY N C CHAPEL HILL UNIV N C HOSP REV 5%

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