T. Rowe Price Tax-Free Short-Intermediate Fund (PRFSX)
| Fund Assets | 1.38B |
| Expense Ratio | 0.38% |
| Min. Investment | $500,000 |
| Turnover | 31.80% |
| Dividend (ttm) | 0.15 |
| Dividend Yield | 2.73% |
| Dividend Growth | 13.41% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 5.52 |
| YTD Return | 0.13% |
| 1-Year Return | 3.53% |
| 5-Year Return | 5.67% |
| 52-Week Low | 5.38 |
| 52-Week High | 5.59 |
| Beta (5Y) | 0.13 |
| Holdings | 428 |
| Inception Date | Dec 23, 1983 |
About PRFSX
T. Rowe Price Tax-Free Short-Intermediate Fund is a mutual fund designed to deliver a high level of income exempt from federal income taxes while maintaining modest price fluctuations. It primarily invests in short- and intermediate-term investment-grade municipal securities, with maturities typically under three years for short-term and between three and ten years for intermediate-term bonds. The fund's weighted average maturity normally ranges from two to five years, emphasizing lower interest rate risk through a modified duration of approximately 2.65 years. Managed by T. Rowe Price since its inception on December 23, 1983, it employs active strategies based on in-depth fundamental research across municipal sectors like transportation, health care, and state general obligations, aiming for higher yields with diversification and risk controls. With total assets exceeding $1.38 billion, a competitive expense ratio of 0.38%, and a portfolio turnover of around 31%, the fund holds high-quality credits predominantly rated AA and A. It plays a key role in the municipal bond market by offering tax-efficient income solutions for investors seeking stability in short-intermediate durations.
Performance
PRFSX had a total return of 3.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.85%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.014 | Mar 31, 2026 |
| Feb 27, 2026 | $0.01281 | Feb 27, 2026 |
| Jan 30, 2026 | $0.01416 | Jan 30, 2026 |
| Dec 31, 2025 | $0.01464 | Dec 31, 2025 |
| Nov 28, 2025 | $0.01276 | Nov 28, 2025 |
| Oct 31, 2025 | $0.01505 | Oct 31, 2025 |