T. Rowe Price Tax-Free Shrt-Interm Adv (PATIX)
| Fund Assets | 1.39B |
| Expense Ratio | 0.79% |
| Min. Investment | $500,000 |
| Turnover | 31.80% |
| Dividend (ttm) | 0.13 |
| Dividend Yield | 2.39% |
| Dividend Growth | 22.35% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 5.56 |
| YTD Return | 2.62% |
| 1-Year Return | 2.26% |
| 5-Year Return | 3.17% |
| 52-Week Low | 5.37 |
| 52-Week High | 5.56 |
| Beta (5Y) | n/a |
| Holdings | 403 |
| Inception Date | Aug 8, 2012 |
About PATIX
T. Rowe Price Tax-Free Short-Intermediate Fund Advisor Class is a mutual fund specializing in municipal fixed income securities. Its primary function is to provide, with modest price fluctuation, a high level of income that is exempt from federal income taxes by investing mainly in short- and intermediate-term investment-grade municipal bonds. This fund's portfolio is typically diversified across both short-term (maturities under three years) and intermediate-term (maturities between three and ten years) municipal bonds, with its weighted average maturity usually ranging from two to five years. Most holdings are rated within the four highest credit categories, or deemed of comparable quality, emphasizing the fund's focus on investment-grade securities. Managed by T. Rowe Price, the fund leverages active management and in-depth fundamental credit research to select specific securities and sectors within the tax-free municipal market, aiming for higher yields while maintaining risk awareness. The fund plays a significant role for investors seeking federally tax-exempt income and stability, especially appealing to those with shorter investment horizons or moderate risk tolerance who wish to reduce federal tax liabilities through municipal bond exposure.
Performance
PATIX had a total return of 2.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.92%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| TTSIX | T. Rowe Price Tax-free Short-intermediate Fund-i Class | 0.24% |
Top 10 Holdings
10.50% of assets| Name | Symbol | Weight |
|---|---|---|
| PUERTO RICO COMWLTH 5.625% | PR.PRC 5.62 07.01.2027 | 1.46% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | GA.MAIUTL 05.01.2052 | 1.16% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5.25% | AL.BBEUTL 02.01.2053 | 1.11% |
| NEW JERSEY ST 5% | NJ.NJS 5 06.01.2027 | 1.09% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.5% | PR.PRCGEN 4.5 07.01.2034 | 1.01% |
| MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 5% | MO.MOSMED 05.01.2052 | 1.01% |
| LOS ANGELES CALIF UNI SCH DIST 5% | CA.LOSSCD 5 07.01.2028 | 0.98% |
| CHARLOTTE-MECKLENBERG HOSP AUTH N C HEALTH CARE SYS REV 5% | NC.CHAMED 01.15.2050 | 0.91% |
| PUERTO RICO COMWLTH 5.625% | PR.PRC 5.62 07.01.2029 | 0.90% |
| HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV 5% | TX.HAREDU 06.01.2032 | 0.88% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.0123 | Aug 29, 2025 |
| Jul 31, 2025 | $0.01179 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01106 | Jun 30, 2025 |
| May 30, 2025 | $0.01241 | May 30, 2025 |
| Apr 30, 2025 | $0.01155 | Apr 30, 2025 |
| Mar 31, 2025 | $0.01102 | Mar 31, 2025 |