T. Rowe Price Tax-Free Income Fund Advisor Class (PATAX)
| Fund Assets | 2.30B |
| Expense Ratio | 0.87% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 3.10% |
| Dividend Growth | 10.74% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 28, 2025 |
| Previous Close | 9.47 |
| YTD Return | 1.21% |
| 1-Year Return | 2.66% |
| 5-Year Return | 3.09% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.24 |
| Holdings | 590 |
| Inception Date | Oct 26, 1976 |
About PATAX
PATAX was founded on 2002-09-30. The Fund's investment strategy focuses on Gen & Ins Muni with 0.84% total expense ratio. The minimum amount to invest in T Rowe Price Tax-Free Income Fund, Inc; Advisor Class Shares is $2,500 on a standard taxable account. T Rowe Price Tax-Free Income Fund, Inc; Advisor Class Shares seeks a high level of income exempt from federal income taxes by investing primarily in long-term, investment grade municipal securities. PATAX normally maintains a dollar-weighted average maturity greater than 15 years.
Performance
PATAX had a total return of 2.66% in the past year. Since the fund's inception, the average annual return has been 3.12%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| undefined | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| undefined | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| undefined | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.51% |
| undefined | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| undefined | Fidelity | Fidelity Municipal Income Fund | 0.44% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| TFILX | T. Rowe Price Tax-free Income Fund-i Class | 0.47% |
Top 10 Holdings
8.53% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash Offsets For Shorts & Derivatives | n/a | 1.19% |
| CHICAGO ILL O HARE INTL ARPT REV 4.5% | IL CHITRN 4.5 01.01.2056 | 0.97% |
| NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS 4% | NY NYSTRN 4 01.01.2040 | 0.94% |
| NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV 5% | NC NCSTRN 5 01.01.2058 | 0.89% |
| CALIFORNIA HEALTH FACS FING AUTH REV 5% | CA CASMED 5 11.01.2047 | 0.85% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75% | PR PRCGEN 4.75 07.01.2053 | 0.79% |
| DENVER COLO CONVENTION CTR HOTEL AUTH REV 5% | CO DENFAC 5 12.01.2040 | 0.75% |
| REGIONAL TRANSN AUTH ILL 6% | IL REGTRN 6 07.01.2033 | 0.74% |
| WASHINGTON D C MET AREA TRAN AUTH DEDICATED REV 5.5% | DC DCTTRN 5.5 07.15.2051 | 0.71% |
| HAMILTON CNTY OHIO HOSP FACS REV 5% | OH HAMMED 5 11.15.2049 | 0.70% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 28, 2025 | $0.02336 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02638 | Jan 31, 2025 |
| Dec 31, 2024 | $0.02624 | Dec 31, 2024 |
| Nov 29, 2024 | $0.02529 | Nov 29, 2024 |
| Oct 31, 2024 | $0.02434 | Oct 31, 2024 |
| Sep 30, 2024 | $0.02193 | Sep 30, 2024 |