T. Rowe Price Summit Municipal Income Fund Advisor Class (PAIMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.84
-0.02 (-0.18%)
Jul 11, 2025, 4:00 PM EDT
-3.99%
Fund Assets 1.86B
Expense Ratio 0.70%
Min. Investment $25,000
Turnover n/a
Dividend (ttm) 0.36
Dividend Yield 3.31%
Dividend Growth 10.02%
Payout Frequency Monthly
Ex-Dividend Date Jun 30, 2025
Previous Close 10.86
YTD Return -3.14%
1-Year Return -1.97%
5-Year Return -0.74%
52-Week Low 10.60
52-Week High 11.51
Beta (5Y) n/a
Holdings 879
Inception Date Aug 8, 2012

About PAIMX

The T. Rowe Price Summit Municipal Income Fund Advisor Class (PAIMX) seeks to provide a high level of income exempt from federal income taxes by investing primarily in long term investment grade municipal bonds rated from AAA to BBB.

Category Muni National Long
Stock Exchange NASDAQ
Ticker Symbol PAIMX
Share Class -advisor Class
Index Bloomberg Municipal Bond TR

Performance

PAIMX had a total return of -1.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.83%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol Provider Name Expense Ratio
VWLTX Vanguard Vanguard Long-Term Tax-Exempt Fund 0.17%
VWALX Vanguard Vanguard High-Yield Tax-Exempt Fund Admiral Shares 0.09%
VWLUX Vanguard Vanguard Long-Term Tax-Exempt Fund Admiral Shares 0.09%
VWAHX Vanguard Vanguard High-Yield Tax-Exempt Fund 0.17%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
PRIMX -i Class 0.35%

Top 10 Holdings

6.72% of assets
Name Symbol Weight
CITY OF AUSTIN TX WATER & WASTEWATER SYSTEM REVENUE n/a 0.86%
PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE PR.PRCGEN 4.75 07.01.2053 0.82%
NORTH CAROLINA TURNPIKE AUTHORITY NC.NCSTRN 5 01.01.2058 0.75%
MAIN STREET NATURAL GAS INC GA.MAIUTL 05.01.2055 0.67%
NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY NY.NYCGEN 5.25 02.01.2053 0.65%
NEW YORK TRANSPORTATION DEVELOPMENT CORP NY.NYTTRN 5.25 12.31.2054 0.65%
NEW YORK STATE DORMITORY AUTHORITY n/a 0.64%
NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY NY.NYUTL 06.15.2053 0.61%
PORT OF SEATTLE WA WA.PTSGEN 5.25 07.01.2049 0.54%
JEA WATER & SEWER SYSTEM REVENUE FL.JACUTL 5.25 10.01.2055 0.53%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jun 30, 2025 $0.02994 Jun 30, 2025
May 30, 2025 $0.03248 May 30, 2025
Apr 30, 2025 $0.03089 Apr 30, 2025
Mar 31, 2025 $0.02952 Mar 31, 2025
Feb 28, 2025 $0.0281 Feb 28, 2025
Jan 31, 2025 $0.03176 Jan 31, 2025
Full Dividend History