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 06/30/2017
Volatility and Other Measures
as of 06/30/2017
Beta 0.93
0.98
Standard Deviation 3.04
Credit Quality Diversification1
as of 06/30/2017
% of Total Net Assets
AAA 3.6%
AA 28.6%
A 43.5%
BBB 16.4%
BB 1.9%
B 0.2%
CCC 0.2%
D 0.0%
Not Rated 5.7%
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 06/30/2017
4.45 years
Weighted Avg. Maturity
as of 07/25/2017
16.82 years
Sector Diversification
as of 06/30/2017
% of Total Net Assets
Tax-Free Revenue 77.6%
Tax-Free US Government 16.5%
Tax-Free Gen. Obligations 6.0%
10 Largest Holdings
Represents 8.24 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
CO HLTH FACS AUTH CATHOLIC HLTH SR A 5.250 01/01/2045
ID ST HLTH FAC ST LUKES HLTH SYS SR A 5.000 03/01/2044
IL REGIONAL TRANSP AUTH SER A 6.000 07/01/2033
MD ST HLTH & HGR ED MEDSTAR HLTH SER A 5.000 05/15/2045
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 FA UNIV MIAMI SER A 5.000 04/01/2040
NY ST LIBERTY DEV CORP 4 WTC PRJ 5.750 11/15/2051
ORANGE CO FL HLTH NEMOURS PJ A 5.000 01/01/2039
As of 06/30/2017 the Tax-Free Income Fund had a total of 475 holdings.
Bond Maturity Diversification2
  as of 06/30/2017
% of Total Net Assets
0 - 1 YRS 2.4%
1 - 5 YRS 17.3%
5 - 10 YRS 8.8%
10 + YRS 71.5%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.