Intermediate Municipal Income ETF
49.68USDR
+0.04+0.09%
At close at Jul 25, 20:15 GMT
USD
No trades
Key stats
About Intermediate Municipal Income ETF
Home page
Inception date
Jul 10, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
T. Rowe Price Associates, Inc. (IM)
Distributor
T. Rowe Price Investment Services, Inc.
TAXE aims to generate the highest level of income exempt from federal income taxes, while managing moderate price fluctuations. Investment decisions are based on the portfolio manager's outlook on interest rates and economic conditions, as well as evaluations of prices, yields, and the credit quality of securities. The portfolio primarily consists of investment-grade municipal securities, though junk bonds are also considered for potentially higher yields. The funds weighted average effective maturity ranges from four to twelve years. While it mainly invests in tax-exempt securities, it may also hold securities subject to the alternative minimum tax (AMT). Investments are often concentrated in sectors such as healthcare, transportation, utilities, and private activity bonds, with potential significant exposure to certain states.
Classification
Returns
1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
---|---|---|---|---|---|---|
Price performance | — | — | — | — | — | — |
NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal99.29%
Cash0.71%
Top 10 holdings
Symbol
Assets
Symbol
Assets
D
Denver Colo City & Cnty Arpt Rev 5.0% 01-DEC-2029
2.50%
A
Anne Arundel Cnty Md 5.0% 01-OCT-2037
1.82%
W
Washington St 5.0% 01-JUL-2038
1.78%
G
Great Lakes Wtr Auth Mich Wtr Supply Sys Rev 5.0% 01-JUL-2038
1.76%
A
Atlanta Ga Arpt Rev 5.0% 01-JUL-2034
1.51%
M
Main Str Nat Gas Inc Ga Gas Supply Rev VAR 01-DEC-2054
1.37%
A
Anne Arundel Cnty Md 5.0% 01-OCT-2029
1.36%
N
New York N Y City Hsg Dev Corp Multifamily Hsg Rev VAR 01-NOV-2063
1.35%
E
Energy Northwest Wash Elec Rev 5.0% 01-JUL-2039
1.33%
N
New York St Dorm Auth St Pers Income Tax Rev 5.0% 15-MAR-2036
1.32%
Top 10 weight16.09%
211 total holdings
Dividends
Jan '25
Feb '25
Mar '25
Apr '25
May '25
Jun '25
Jul '25
0.00
0.04
0.08
0.12
0.16
Dividend amount
Dividend payout history
Ex-date
Record date
Pay date
Amount
Frequency
Jul 28, 2025
Jul 28, 2025
Jul 30, 2025
0.155
Monthly
Jun 25, 2025
Jun 25, 2025
Jun 27, 2025
0.154
Monthly
May 27, 2025
May 27, 2025
May 29, 2025
0.155
Monthly
Apr 25, 2025
Apr 25, 2025
Apr 29, 2025
0.113
Monthly
Mar 26, 2025
Mar 26, 2025
Mar 28, 2025
0.151
Monthly
Feb 25, 2025
Feb 25, 2025
Feb 27, 2025
0.147
Monthly
Jan 28, 2025
Jan 28, 2025
Jan 30, 2025
0.155
Monthly
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TAXE last dividends amounted to 0.16 USD. The month before, the issuer paid 0.15 USD in dividends, which shows a 0.77% increase.
TAXE assets under management is 60.68 M USD. It's risen 6.58% over the last month.
TAXE fund flows account for 39.45 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, TAXE pays dividends to its holders with the dividend yield of 3.52%. The last dividend (Jun 27, 2025) amounted to 0.15 USD. The dividends are paid monthly.
TAXE shares are issued by T. Rowe Price Group, Inc. under the brand T. Rowe Price. The ETF was launched on Jul 10, 2024, and its management style is Active.
TAXE expense ratio is 0.24% meaning you'd have to pay 0.24% of your investment to help manage the fund.
TAXE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TAXE invests in bonds.
TAXE price has risen by 0.12% over the last month, and its yearly performance shows a −1.35% decrease. See more dynamics on TAXE price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.02% over the last month, showed a 1.51% increase in three-month performance and has increased by 0.96% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.02% over the last month, showed a 1.51% increase in three-month performance and has increased by 0.96% in a year.
TAXE trades at a premium (0.26%) meaning the ETF is trading at a higher price than the calculated NAV.