T. Rowe Price Tax Free Income Fund I Class (TFILX)
T. Rowe Price Tax Free Income Fund I Class operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $8.85, down 0.45% on the session, giving a market capitalisation of $2.22B. On trailing twelve-month figures it carries a trailing P/E of 20.11, a net margin of 78.4%. Its beta of 1.06 implies it has historically moved more than the broad market.
The fund primarily aims for at least 80% of its income to be exempt from federal income tax. Although it can acquire securities of any duration, the strategy typically focuses on longer-term municipal bonds. A substantial portion of its portfolio is allocated to investment-grade debt, which includes securities rated within the top four categories by a major credit agency, or those deemed to be of comparable quality by T. Rowe Price if they are unrated.
T. Rowe Price Tax Free Income Fund I Class is most often compared with the following Financial Services names: