T. Rowe Price Tax-Free Income Fund Advisor Class (PATAX)
| Fund Assets | 2.30B |
| Expense Ratio | 0.75% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.26% |
| Dividend Growth | 9.45% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 30, 2025 |
| Previous Close | 9.08 |
| YTD Return | -2.37% |
| 1-Year Return | -1.16% |
| 5-Year Return | 0.72% |
| 52-Week Low | 8.88 |
| 52-Week High | 9.63 |
| Beta (5Y) | 0.26 |
| Holdings | 601 |
| 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 -1.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.91%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.51% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | 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 | 0.35% |
Top 10 Holdings
8.04% of assets| Name | Symbol | Weight |
|---|---|---|
| NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS 4% | NY.NYSTRN 4 01.01.2040 | 0.93% |
| CHICAGO ILL O HARE INTL ARPT REV 4.5% | IL.CHITRN 4.5 01.01.2056 | 0.93% |
| NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV 5% | NC.NCSTRN 5 01.01.2058 | 0.89% |
| DENVER COLO CITY & CNTY ARPT REV 5% | CO.DENAPT 5 12.01.2048 | 0.88% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75% | PR.PRCGEN 4.75 07.01.2053 | 0.78% |
| Cash Offsets For Shorts & Derivatives | n/a | 0.76% |
| 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 | 0.70% |
| ILLINOIS FIN AUTH REV 4.5% | n/a | 0.70% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 30, 2025 | $0.02727 | May 30, 2025 |
| Apr 30, 2025 | $0.02571 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02471 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02336 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02638 | Jan 31, 2025 |
| Dec 31, 2024 | $0.02624 | Dec 31, 2024 |