T. Rowe Price Core Plus Municipal Bond Fund Investor Class (PRINX)

Fund Assets	2.38B
Expense Ratio	0.46%
Min. Investment	$25,000
Turnover	30.10%
Dividend (ttm)	0.42
Dividend Yield	4.02%
Dividend Growth	6.67%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	10.54
YTD Return	-3.79%
1-Year Return	-2.79%
5-Year Return	-2.86%
52-Week Low	10.40
52-Week High	11.38
Beta (5Y)	0.30
Holdings	832
Inception Date	Oct 29, 1993

About PRINX

T. Rowe Price Summit Municipal Income Fund Investor Class is a municipal bond mutual fund focused on providing a high level of income that is generally exempt from federal income taxes. The fund primarily invests at least 80% of its assets in investment-grade municipal bonds, ranging from AAA to BBB credit quality, helping mitigate credit risk while aiming for attractive tax-advantaged yields. It may allocate up to 20% of assets to non-investment-grade bonds for additional yield potential. The portfolio's weighted average maturity typically exceeds 15 years, positioning it firmly within the national long-term municipal debt category. The fund is designed for investors seeking higher income than what money market or shorter-term bond funds typically offer, acknowledging that this comes with greater share price volatility due to interest rate and municipal market risks. Managed by T. Rowe Price, it maintains a comparatively low expense ratio and is suited for individuals with a long-term investment horizon who can tolerate fluctuations in bond values. The fund also distributes income monthly and provides exposure to a diversified pool of U.S. municipal issuers, adding a tax-efficient fixed income component to investor portfolios.

• Fund Family: T. Rowe Price
• Category: Muni National Long
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PRINX
• Index: Bloomberg Municipal Bond TR

Performance

PRINX had a total return of -2.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.19%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VWLTX	Vanguard	Vanguard Long-Term Tax-Exempt Fund	0.17%
VWALX	Vanguard	Vanguard High-Yield Tax-Exempt Adm	0.09%
VWLUX	Vanguard	Vanguard Long-Term Tax-Exempt Adm	0.09%
VWAHX	Vanguard	Vanguard High-Yield Tax-Exempt Fund	0.17%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PRIMX	-i Class	0.35%
PAIMX	-advisor Class	0.70%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03568	Sep 30, 2026
Aug 31, 2026	$0.0343	Aug 31, 2026
Jul 31, 2026	$0.03885	Jul 31, 2026
Jun 30, 2026	$0.03519	Jun 30, 2026
May 29, 2026	$0.03604	May 29, 2026
Apr 30, 2026	$0.03515	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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