T. Rowe Price Short-Itmt Muncpl Bd Adv (PATIX)

Fund Assets	1.15B
Expense Ratio	0.81%
Min. Investment	$500,000
Turnover	36.00%
Dividend (ttm)	0.14
Dividend Yield	2.69%
Dividend Growth	6.95%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	5.37
YTD Return	-0.85%
1-Year Return	-0.39%
5-Year Return	3.20%
52-Week Low	5.31
52-Week High	5.58
Beta (5Y)	0.03
Holdings	536
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.

• Fund Family: T. Rowe Price
• Category: Muni National Short
• Performance Rating: Below Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PATIX
• Share Class: T. Rowe Price Tax-free Short-intermediate Fund-advisor Class
• Index: Bloomberg 1-5 Y Muni Blend (1-6) TR USD

Performance

PATIX had a total return of -0.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.89%.

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
Sep 30, 2026	$0.01208	Sep 30, 2026
Aug 31, 2026	$0.01152	Aug 31, 2026
Jul 31, 2026	$0.01329	Jul 31, 2026
Jun 30, 2026	$0.01203	Jun 30, 2026
May 29, 2026	$0.01236	May 29, 2026
Apr 30, 2026	$0.012	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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