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T. Rowe Price Tax-free Income Advisor Class: (MF: PATAX)
(NASDAQ Mutual Funds) As of Jul 12, 2024 08:00 PM ET
$9.48 USD
+0.01 (0.11%)
Zacks MF Rank
3-Hold of 5 3
Fund Description
The fund was incepted in October 1976 and is managed by T.Rowe Price Associates. The fund's main objective is to seek a high level of income exempt from federal income taxes by investing primarily in long-term, investment-grade municipal securities. The fund's weighted average maturity is expected to exceed 15 years. Dividends are declared daily and distributed monthly. Capital gains, if any, are declared and paid in December.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| T. Rowe Price Tax Free Income Adv | PATAX | NA | NA | 0.00 | 0.25 | 0.44 | 0.87 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Tax Free Income Fd | PRTAX | 9.45 | 10/26/1976 | 1.55 | 4.85 | -0.81 | 1.27 |
| T. Rowe Price Tax Free Income Adv | PATAX | 9.48 | 10/26/1976 | 1.38 | 4.50 | -1.16 | 0.93 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| T. Rowe Price Tax Free Income Adv | PATAX | 2500 | 100 | 1000 | M |
Contact Information
| Family | T. Rowe Price |
| Address | 100 E Pratt Street Baltimore, MD 21202 |
| Phone | 800 225-5132 |