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See price against where its own fundamentals say it should trade — the shaded gap is the discount or premium, across five valuation lenses.
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See exactly how PRTAX's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
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This fund is structured so that, under normal circumstances, at least 80% of the income it generates is exempt from federal income taxation. While it maintains the flexibility to acquire securities with any maturity date, the fund primarily focuses on municipal debt instruments with extended maturities. The majority of its holdings are in investment-grade securities; these are defined as those rated within the top four credit categories by at least one prominent credit rating agency, or, if unrated, assessed by T. Rowe Price to be of comparable high quality.
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