T. Rowe Price Summit Municipal Inc (PRINX)
* As of 31-Mar-14
Quotes delayed, except where indicated otherwise. Currency in USD.
- No Headlines available for PRINX at this time.
|Symbol||% Assets||YTD Return %|
|Lower Colo Riv Auth 5%||1.28||N/A|
|New York Liberty Dev Corp Libe Lib 5.75%||1.19||N/A|
|Maryland St Transn Auth 5%||1.17||N/A|
|Clark Cnty Nev Arpt Rev Subordina 5.75%||1.12||N/A|
|Tarrant Cnty Tex Cultural Ed F Var Hosp||0.93||N/A|
|Morningstar Overall Rating:|
|Category:||Muni National Long|
|Annual Report Expense Ratio (net):||0.50%|
Performance & Risk
|5y Avg Return:||7.06%|
|Rank in Category (ytd):||42|
|% Rank in Category (ytd):||16.54%|
|Morningstar Risk Rating:||3|
The investment seeks a high level of income exempt from federal income taxes.
The fund will normally invest at least 80% of its total assets in investment-grade municipal securities rated in one of the four highest credit categories (AAA to BBB, or an equivalent rating) by at least one major credit rating agency or, if unrated, deemed to be of comparable quality by T. Rowe Price. It may invest up to 20% of its total assets in noninvestment-grade bonds, known as "junk" bonds in the taxable bond market, including those with the lowest credit ratings. Normally, at least 80% of the fund's income will be exempt from federal income taxes. View More