T. Rowe Price Intermediate Muncpl Bd I (PRTMX)

Fund Assets	4.97B
Expense Ratio	0.292%
Min. Investment	$25,000
Turnover	23.60%
Dividend (ttm)	0.38
Dividend Yield	3.49%
Dividend Growth	4.39%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	10.91
YTD Return	-2.92%
1-Year Return	-1.84%
5-Year Return	0.84%
52-Week Low	10.75
52-Week High	11.65
Beta (5Y)	n/a
Holdings	1247
Inception Date	Mar 1, 2019

About PRTMX

T. Rowe Price Summit Municipal Intermediate Fund I Class is an actively managed municipal bond mutual fund focused on generating income that is exempt from federal income taxes while maintaining moderate price fluctuation. The fund primarily invests in investment‑grade, tax‑exempt municipal securities, typically targeting a weighted average effective maturity between three and ten years to balance interest rate sensitivity and income generation. It tracks its results against the Bloomberg Municipal 1–15 Year Blend (1–17) Bond Index as a reference benchmark and emphasizes diversified exposure across state and local issuers, including general obligation, revenue, and essential‑service bonds. Key characteristics recently reported include a modified duration to worst near five years and a sizable asset base, underscoring its scale within the national intermediate muni category. The I Class structure is designed for institutional or large‑balance investors with a lower expense profile relative to the fund’s investor class. The strategy seeks to provide federally tax‑exempt income within an intermediate interest‑rate posture, complemented by disciplined credit research and broad portfolio diversification across hundreds of holdings.

• Fund Family: T. Rowe Price
• Category: Muni National Interm
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PRTMX
• Share Class: -i Class
• Index: Bloomberg 1-15 Y Municipal Blend TR

Performance

PRTMX had a total return of -1.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.49%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
VWITX	Vanguard	Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares	0.17%
VWIUX	Vanguard	Vanguard Interm-Term Tx-Ex Adm	0.09%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PAIFX	-advisor Class	0.65%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03239	Sep 30, 2026
Aug 31, 2026	$0.03099	Aug 31, 2026
Jul 31, 2026	$0.03495	Jul 31, 2026
Jun 30, 2026	$0.03147	Jun 30, 2026
May 29, 2026	$0.03214	May 29, 2026
Apr 30, 2026	$0.03139	Apr 30, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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