T. Rowe Price Summit Municipal Income’s seasoned team is well-prepared for a pending manager departure. The team’s strong collaboration and compelling, repeatable process still make this strategy a standout.
T. Rowe Price Summit Municipal Inc Inv PRINX
- NAV / 1-Day Return 11.47 / +0.20 %
- Total Assets 3.0 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.500%
- Distribution Fee Level Below Average
- Share Class Type No Load
- Category Muni National Long
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 25,000
- Status Open
- TTM Yield 3.20%
- Effective Duration 7.40 years
USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 10:20 PM GMT+0
Morningstar’s Analysis PRINX
Will PRINX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 7.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
AUSTIN TEX WTR & WASTEWATER SYS REV 5% | 1.02 | 26.9 Mil | municipal |
NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV 5% | 0.88 | 23.2 Mil | municipal |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75% | 0.86 | 22.8 Mil | municipal |
UNIVERSITY WIS HOSPS & CLINICS AUTH REV 2.05% | 0.81 | 21.5 Mil | municipal |
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.25% | 0.77 | 20.5 Mil | municipal |
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 0.71 | 18.9 Mil | municipal |
SALT RIV PROJ AGRIC IMPT & PWR DIST ARIZ ELEC SYS REV 5.25% | 0.63 | 16.6 Mil | municipal |
OKLAHOMA TRANSN AUTH OK F/K/A OKLAHOMA ST TPK AUTH 5.5% | 0.61 | 16.3 Mil | municipal |
PUBLIC FIN AUTH WIS HEALTH CARE SYS REV 2.1% | 0.60 | 16.0 Mil | municipal |
NEW YORK TRANSN DEV CORP SPL FAC REV 5.25% | 0.59 | 15.5 Mil | municipal |