Performance
Trailing returns
| 1 day |
| -0.07% | |||
| 1 week |
| -0.10% | |||
| 4 week |
| -0.06% | |||
| 3 month | +0.70% |
| |||
| YTD | +1.37% |
| |||
| 1 year | +5.82% |
| |||
| 3 years* | +6.81% |
| |||
| 5 years* | +6.32% |
| |||
| *annualized | |||||
| Best 3 month return | +8.44% | |
| Worst 3 month return | -8.07% |
Morningstar statistics
Morningstar category: Muni National Long
| Return | Risk | Rating | |
| 3 years | Above Average | Average |
 
|
| 5 years | Above Average | Average |
|
| 10 years | Above Average | Average |
|
| Overall | Above Average | Average |
|
Key statistics
| Total assets | 903.25M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.50% | |
| Management fee | - | |
| Fund family | T. Rowe Price |
Asset allocation
| Cash | 0.33% | |
| Stocks | 0.00% | |
| Bonds | 99.67% | |
| Other | 0.00% |
Purchase information
| Initial | US$25,000 | |
| Additional | US$1,000 | |
| IRA Initial | US$1,000 | |
| AIP Initial | US$25,000 | |
| AIP Additional | US$100 |
11.99-0.01(-0.08%)
May 22, 4:00PM EDT
Overall Morningstar RatingTM
Description
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 credit categories (AAA to 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. It may invest up to 20% of its total assets in noninvestment-grade bonds, known as "junk" bonds in the taxable bond market, including those with the lowest credit ratings. Normally, at least 80% of the fund's income will be exempt from federal income taxes.
Fund filings (PDF) »
Fund filings (PDF) »
Asset manager:
Konstantine Mallas (Started: Feb 28, 1999)
Konstantine Mallas (Started: Feb 28, 1999)
Dubai International Financial Centre, PO Box 482023, The Gate, Level 15, Office 24
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 0.39 | 0.07 | -0.12 | 0.15 | |
| Beta* | 1.32 | 1.15 | 1.12 | 1.05 | |
| Mean annual return | 0.59 | 0.59 | 0.55 | 0.45 | |
| R-squared* | 98.45 | 95.62 | 89.48 | 92.24 | |
| Standard deviation | 3.78 | 4.40 | 5.63 | 4.94 | |
| Sharpe ratio | 1.85 | 1.57 | 1.12 | 0.73 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Massachusetts St Cons Ln B | 1.33% | |
| Connecticut St Health & Edl Fa Rev Bd 5% | 1.27% | |
| Lower Colo Riv Auth 5% | 1.17% | |
| New York Liberty Dev Corp Libe Lib 5.75% | 1.12% | |
| Maryland St Transn Auth 5% | 1.07% | |
| Clark Cnty Nev Arpt Rev Subordina 5.75% | 1.03% | |
| Utah Tran Auth 5% | 0.98% | |
| New Jersey Econ Dev Auth 5% | 0.94% | |
| New York St Twy Auth 5% | 0.93% | |
| North Tex Twy Auth 5.5% | 0.82% |