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T. Rowe Price Summit Municipal Intm (PRSMX)

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11.93+0.01 (+0.08%)
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T. Rowe Price Summit Municipal Intm

T. Rowe Price Summit Municipal Fds, Inc100 East Pratt StreetBaltimore MD 21202
Management Information
Charles B. Hill,Lead Manager since October 28, 1993
Mr. Hill, who joined T. Rowe Price in 1991, is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price Associates, Inc., and is a portfolio manager in the Fixed Income Division. He manages short- and intermediate- term municipal bond funds along with separately managed tax-exempt accounts, and best after-tax fixed-income accounts investing in both tax-exempt and taxable fixed-income securities. He earned a B.S. from Guilford College and also has earned his Chartered Financial Analyst designation.
Morningstar Style Box
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Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryMuni National Interm
Fund FamilyT. Rowe Price
Net Assets4.47B
YTD Return1.98%
Morningstar Rating★★★★
Inception DateOct 28, 1993

Fund Operations

Last Dividend0.02
Last Cap Gain0.00
Holdings Turnover12.10%
Average for CategoryN/A

Fees & Expenses

ExpensePRSMXCategory Average
Annual Report Expense Ratio (net)0.50%0.80%
Prospectus Net Expense Ratio0.50%N/A
Prospectus Gross Expense Ratio0.50%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/A3.39%
Max Deferred Sales LoadN/A1.64%
3 Yr Expense Projection160N/A
5 Yr Expense Projection280N/A
10 Yr Expense Projection628N/A