TAXET. Rowe Price Intermediate Municipal Income ETF

Get income1y track recordRanked #731 of 1,622 in this goal

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%

#1,152 of 5,562 · low cost

Fund Size

$163M

#2,470 of 5,562 · mid-size

Dividend YieldGoal

3.58%

Track Record

1 year

#3,671 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,695+7.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 11.0% of fund✓ well diversified

WISCONSIN ST-B

1.5%

DENVER CITY & CNTY CO ARPT REV SER A AMT

1.3%

COLORADO ST COPS

1.2%

CLIFTON HGR EDU-A

1.2%

PR COMWLTH PUBLIC IMPT SER A1

1.1%

NY ST DORM PER INC TAX REV SER A

1.0%

ANNE ARUNDEL CO MD

1.0%

NYC NY TRNS FIN AUTH REV SUB SER D

1.0%

WASHINGTON ST REF SER R 2025A

1.0%

GREAT LAKES MI WTR AU SENIOR LIEN SER A

0.9%

Asset allocation

Bonds

99.7%

Cash

0.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

2.2%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

13.4%

42.4%

21.2%

BBB

10.5%

3.9%

0.1%

Other

8.4%

Where to buy

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 or derivatives linked to the municipal market, maintaining a weighted average effective maturity of four to twelve years. May invest in below investment-grade instruments and sectors like healthcare and utilities.
Inception date: July 9, 2024
Fund family: T. Rowe Price