T. Rowe Price Tax Free Short/Intermediate Fund Advisor Class (PATIX)
| Fund Assets | 1.37B |
| Expense Ratio | 0.79% |
| Min. Investment | $500,000 |
| Turnover | 31.80% |
| Dividend (ttm) | 0.14 |
| Dividend Yield | 2.52% |
| Dividend Growth | 17.91% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 5.57 |
| YTD Return | 1.13% |
| 1-Year Return | 4.65% |
| 5-Year Return | 5.60% |
| 52-Week Low | 5.26 |
| 52-Week High | 5.57 |
| Beta (5Y) | n/a |
| Holdings | 417 |
| 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 4.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.56%.
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% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.01222 | Jan 30, 2026 |
| Dec 31, 2025 | $0.01267 | Dec 31, 2025 |
| Nov 28, 2025 | $0.01104 | Nov 28, 2025 |
| Oct 31, 2025 | $0.01246 | Oct 31, 2025 |
| Sep 30, 2025 | $0.01131 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0123 | Aug 29, 2025 |