TAXET. Rowe Price Intermediate Municipal Income ETF
Seeks the highest level of income exempt from federal income taxes with moderate price fluctuation.
By T. Rowe Price · Launched 2024
Annual Cost
0.24%
#1,057 of 5,861 · low cost
Fund Size
$174M
#2,464 of 5,861 · mid-size
Dividend YieldGoal
3.58%
Track Record
2 years
#3,580 of 5,861 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,518+5.2%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 8.8% of fund✓ well diversified
WISCONSIN ST-B
1.1%
INDIANA FIN AUTH-A1
1.0%
PR COMWLTH PUBLIC IMPT SER A1
1.0%
DENVER CITY & CNTY CO ARPT REV SER A AMT
1.0%
COLORADO ST COPS
0.9%
CLIFTON HGR EDU-A
0.9%
NYC NY TRNS FIN AUTH REV SUB SER D
0.7%
NY ST DORM PER INC TAX REV SER A
0.7%
ANNE ARUNDEL CO MD
0.7%
NY ST MTGE -274-REF
0.7%
Asset allocation
Bonds
99.7%
Cash
0.3%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
2.4%Low
Year-on-year price swings
Max drawdown
-3.7%Mild
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Bond profile
Duration
4.7 years
Avg maturity
10.3 years
Credit ratings
AAA
8.9%
AA
42.3%
A
22.1%
BBB
12.3%
BB
4.2%
B
0.0%
Other
10.2%
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks the highest level of income exempt from federal income taxes with moderate price fluctuation.
- Strategy
- Invests primarily in investment-grade municipal securities, targeting 80% of net assets in tax-exempt securities. May also invest in below investment-grade instruments and sectors like healthcare and utilities.
- Inception date
- July 9, 2024
- Fund family
- T. Rowe Price
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Data updated on 2026-08-04