T. Rowe Price Tax-Free Income Fund (PRTAX)
Ticker Symbol:
PRTAX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Composition
Asset Allocation
as of 09/30/2014
Volatility and Other Measures
as of 11/30/2014
Beta 1.17
0.98
Standard Deviation 4.45
Credit Quality Diversification1
as of 09/30/2014
% of Total Net Assets
AAA 5.4%
AA 28.3%
A 44.4%
BBB 16.3%
BB 1.7%
B 0.4%
Not Rated 3.6%
1Sources: Moody's Investors Service; if Moody's does not rate a security, then Standard & Poor's (S&P) is used as a secondary source. When available, T. Rowe Price will use Fitch for securities that are not rated by Moody's or S&P. T. Rowe Price may deviate from this hierarchy for prerefunded securities, which are categorized using the most recent rating from Moody's, S&P, or Fitch when it reflects the issue's current prerefunded status.
Modified Duration to Worst
as of 11/30/2014
4.73 years
Weighted Avg. Maturity
as of 12/16/2014
17.27 years
10 Largest Holdings
Represents 8.25 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
CO HLTH FACS AUTH CATHOLIC HLTH SR A 5.250 01/01/2045
IL REGIONAL TRANSP AUTH SER A 6.000 07/01/2033
MET NY TRAN AUTH SER B 5.250 11/15/2026
MET PIER & EXP IL MCCORMICK PL EXP A 5.500 06/15/2050
METRO WASH DC ARPT SER C 5.625 10/01/2039
MIAMI DADE CO FL TRANS SALES TAX 5.000 07/01/2037
NY ST LIBERTY DEV CORP 4 WTC PRJ 5.750 11/15/2051
NY ST TWY AUTH JR SER A 5.000 05/01/2019
ORANGE CO FL HLTH NEMOURS PJ A 5.000 01/01/2039
TARRANT CO TX CULTURAL EDL FAC 5.500 08/15/2031
As of 09/30/2014 the Tax-Free Income Fund had a total of 409 holdings.
Bond Maturity Diversification2
  as of 11/30/2014
% of Total Net Assets
0 - 1 YRS 2.8%
1 - 5 YRS 10.4%
5 - 10 YRS 9.7%
10 + YRS 77.1%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 11/30/2014
% of Total Net Assets
Tax-Free Revenue 86.1%
Tax-Free Gen. Obligations 7.1%
Tax-Free US Government 6.8%
See Glossary for additional details on all data elements.