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 11.45 / −0.41 %
- Total Assets 3.1 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 3.16%
- Effective Duration 7.40 years
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 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 6.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
AUSTIN TEX WTR & WASTEWATER SYS REV 5% | 0.92 | 27.0 Mil | municipal |
NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV 5% | 0.80 | 23.4 Mil | municipal |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75% | 0.78 | 23.0 Mil | municipal |
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.25% | 0.70 | 20.5 Mil | municipal |
WASHINGTON D C MET AREA TRAN AUTH DEDICATED REV 5.25% | 0.66 | 19.5 Mil | municipal |
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 0.64 | 18.9 Mil | municipal |
PUBLIC FIN AUTH WIS HEALTH CARE SYS REV 2.9% | 0.64 | 18.7 Mil | municipal |
SALT RIV PROJ AGRIC IMPT & PWR DIST ARIZ ELEC SYS REV 5.25% | 0.57 | 16.7 Mil | municipal |
PORT SEATTLE WASH REV 5.25% | 0.57 | 16.7 Mil | municipal |
NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5% | 0.56 | 16.3 Mil | municipal |