PRINX – T. Rowe Price Core Plus Municipal Bd Inv Investment Strategy | Morningstar

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Strategy

The investment seeks a high level of income exempt from federal income taxes. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in municipal bonds whose income is exempt from regular federal income taxes. It invests in various types of municipal securities that are exempt from regular federal income taxes, including private activity bonds, which are issued by a government agency on behalf of a private sector company and typically are not backed by the credit of the issuing municipality.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PRINX	T. Rowe Price Core Plus Municipal Bond Fund Investor Class	No Load	Open			Oct 29, 1993	$1.12B	0.450%	Below Average	$25,000	−$43.99M
PAIMX	T. Rowe Price Core Plus Municipal Bond Fund Advisor Class	No Load	Open			Aug 8, 2012	$1.73M	0.700%	High	$25,000	−$20,928.52
PRIMX	T. Rowe Price Core Plus Municipal Bond Fund I Class	Institutional	Open			Mar 1, 2019	$1.26B	0.360%	Low	$500,000	−$662.52M

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