T. Rowe Price Summit Municipal Inc
for period ending November 30, 2023
This portfolio is provided by T. Rowe Price.
PRINX is the ticker for this portfolio. This ticker appears in the scatterplots below and on the Summary Page showing all portfolios. You can invest in this portfolio using the ticker "PRINX" at your favorite brokerage. See
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Risk vs. return for PRINX: The scatterplots below show the best portfolios as dots closest to the green smiley the at top left of each scatterplot. The yellow dot shows the total return and risk for this portfolio. The risk is measured by maximum loss over each period. Any dot closer to the top left corner has shown better performance using this metric.
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Risk and Volatility,
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Maximum Drawdown vs. Annual Return
●PRINX●Peer group recipes●All other recipes●S&P 500 (SPY)●U.S. Bonds (BND)●Balanced (60% Equity / 40% Bonds)
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Description T. Rowe Price Summit Municipal Inc gives investors access to a multi-strategy, income portfolio that uses tax-exempt securities. This portfolio is a mutual fund and implements a particular asset allocation approach that is directed by the fund manager.
Category Tactical: Managed
Ingredients used This portfolio invests in tax-exempt securities.
Peer Group Tactical: Managed. See
How to Invest, below. You can see how this portfolio has performed compared to its peers by clicking on any "Rank: Group" link in the Compare sections, below.
Methodology This portfolio is a mutual fund and its holdings are determined by the fund's manager, T. Rowe Price. The investment seeks a high level of income exempt from federal income taxes. The fund will normally invest at least 80% of its total assets in investment-grade municipal securities rated in one of the four highest credit categories (AAA to BBB, or an equivalent rating) by at least one major credit rating agency or, if unrated, deemed to be of comparable quality by T. Rowe Price. The fund may invest up to 20% of its total assets in noninvestment-grade bonds, known as "junk" bonds, including those with the lowest credit ratings. You may consult corporate.troweprice.com for details on how this manager chooses particular assets for inclusion in this fund.
Cost- Since this is a mutual fund, you can purchase this directly through your broker using the ticker PRINXSee How to Invest, below.
- Fund fees. The manager of this fund charges a percentage of assets under management as its fee.
- Additional fees. If a financial adviser purchases this fund on your behalf, they may also charge a fee.
You can invest in this portfolio by buying the ticker symbol "PRINX" at your favorite brokerage. The full set of risk and return metrics for this recipe are available to VizMetrics subscribers.
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You do not need to adjust the composition of this portfolio. While the underlying assets in this portfolio may change, the portfolio manager handles the details of buying and selling these underlying asset ingredients.
for period ending November 30, 2023
Downside Deviation vs. Annual Return
●PRINX●Peer group recipes●All other recipes●S&P 500 (SPY)●U.S. Bonds (BND)●Balanced (60% Equity / 40% Bonds)
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●PRINX and the identities of all the
● portfolios on the 3, 5, 7, and 10 year graphs are available to subscribers only.
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Standard Deviation vs. Annual Return
●PRINX●Peer group recipes●All other recipes●S&P 500 (SPY)●U.S. Bonds (BND)●Balanced (60% Equity / 40% Bonds)
The location of
●PRINX and the identities of all the
● portfolios on the 3, 5, 7, and 10 year graphs are available to subscribers only.
Upgrade your subscription. Only $15 per month. Cancel anytime.
for period ending November 30, 2023
5-year graph ●PRINX●Global equities (ACWI)●U.S. equities (SPY)●U.S. bonds (BND)●60% Equity / 40% Bonds (s.6040)
for period ending November 30, 2023
for period ending November 30, 2023
| | 1 year | 3 year | 5 year | 7 year | 10 year | 15 year |
| to Global Stocks (ACWI) | 0.88 | 0.77 | 0.56 | 0.54 | 0.43 | 0.27 |
| to S&P500 (SPY) | 0.86 | 0.69 | 0.49 | 0.47 | 0.37 | 0.23 |
| to U.S. Bonds (BND) | 0.95 | 0.94 | 0.82 | 0.82 | 0.82 | 0.66 |
| to Commodities (DBC) | 0.05 | -0.02 | 0.16 | 0.14 | 0.06 | 0.00 |
| to Gold (GLD) | 0.43 | 0.42 | 0.33 | 0.31 | 0.32 | 0.26 |
