PRINX : T. Rowe Price Summit Municipal Income Fund Investor Class

PRINX is a Bond Market Municipal Bond with LOW fees.

PRINX

T. Rowe Price Summit Municipal Income Fund Investor Class

FI Score

72 /100

Expense Ratio Rating

8 /10

Expense Rating

5 /10

Market Score

8 /10

Category Score

8 /10

Market Size

8 /10

72% FI Score
  • prinx
  • Mutual Fund
  • Bond
  • Municipal Bond

T. Rowe Price Summit Municipal Income Fund Investor Class

Expenses: 0.50% (Better than 1% 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. The fund will normally invest at least 80% of its total assets in investment-grade municipal securities (rated in one of the four highest rating categories assigned by established credit rating agencies) by at least one major credit rating agency or, if unrated, deemed by T. Rowe Price to be of comparable quality. The fund may invest up to 20% of its total assets in noninvestment-grade bonds, known as "junk" bonds, including those with the lowest credit ratings.

Largest Holdings

Amount Holding
1.11% WASHINGTON ST 5%
1.10% HAMPTON RDS VA TRANSN ACCOUNTABILITY COMMN REV 5.5%
0.96% PALM BEACH CNTY FLA HEALTH FACS AUTH HOSP REV 4%
0.81% UNIVERSITY CALIF REVS 5.5%
0.81% KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG 5%
0.78% TAMPA-HILLSBOROUGH CNTY FLA EXP WY AUTH REV 5%
0.74% GREATER ORLANDO AVIATION AUTH ORLANDO FLA ARPT FACS REV 5%
0.72% DENVER COLO CITY & CNTY ARPT REV 5.25%
0.68% TAMPA FLA HEALTH SYS REV 5%
0.65% NORTH CAROLINA MED CARE COMMN HEALTH CARE FACS REV 5%
0.63% NEW JERSEY ST TRANSN TR FD AUTH 5.25%
0.60% TARRANT CNTY TEX CULTURAL ED FACS FIN CORP REV 5%
0.57% MET GOVT NASHVILLE & DAVIDSON CNTY TENN H & E FACS BRD REV 5%
0.56% GAINESVILLE & HALL CNTY GA HOSP AUTH REV ANTIC CTFS 5.25%
0.55% MIAMI-DADE CNTY FLA EDL FACS AUTH REV 5%
0.55% KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%
0.54% GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV 5%
0.54% ATLANTA GA DEV AUTH REV 5.25%
0.53% DALLAS FORT WORTH TEX INTL ARPT REV 5%
0.53% COLORADO HEALTH FACS AUTH REV 5%
0.53% SARASOTA CNTY FLA PUB HOSP DIST HOSP REV 5%
0.52% METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 5%
0.52% TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP REV 5%
0.52% METROPOLITAN TRANSN AUTH N Y REV 5%
0.51% TEXAS TRANSN COMMN CENT TEX TPK SYS REV 5%

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