T Rowe Price New York Tax-Free Bond Fund (PRNYX)
10.72
+0.01
(+0.09%)
USD |
Dec 18 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.53% | 426.45M | -- | 31.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -14.53M | 2.74% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide investors with a high level of current income exempt from Federal, New York State and New York City income taxes by investing primarily in investment grade New York municipal bond. The Funds dollar-weighted average will usually exceed 15 years. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | New York Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | New York Municipal Debt Funds |
| Fund Owner Firm Name | T. Rowe Price |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
34
-51.88M
Peer Group Low
47.04M
Peer Group High
1 Year
% Rank:
57
-14.53M
-418.78M
Peer Group Low
400.57M
Peer Group High
3 Months
% Rank:
64
-106.27M
Peer Group Low
431.89M
Peer Group High
3 Years
% Rank:
59
-740.39M
Peer Group Low
943.37M
Peer Group High
6 Months
% Rank:
62
-241.37M
Peer Group Low
412.17M
Peer Group High
5 Years
% Rank:
45
-1.184B
Peer Group Low
487.19M
Peer Group High
YTD
% Rank:
59
-377.07M
Peer Group Low
404.22M
Peer Group High
10 Years
% Rank:
57
-3.155B
Peer Group Low
1.307B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 19, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 0.00% |
| Stock | 0.00% |
| Bond | 98.92% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 1.08% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT NY 5.500 07/01/2054 | 1.37% | 108.64 | 0.27% |
| PORT AUTH N Y & N J NY 5.500 08/01/2052 | 1.34% | -- | -- |
| NEW YORK LIBERTY DEV CORP LIBERTY REV NY 3.000 02/15/2042 | 1.28% | 84.77 | 0.01% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV NY 5.500 05/01/2047 | 1.25% | 107.84 | -0.00% |
| NEW YORK TRANSN DEV CORP SPL FAC REV NY 5.250 12/31/2054 | 1.18% | 101.58 | 0.00% |
| NEW YORK LIBERTY DEV CORP LIBERTY REV NY 3.000 02/15/2042 | 1.18% | -- | -- |
| HUDSON YDS INFRASTRUCTURE CORP N Y SECOND INDENTURE REV NY 5.000 02/15/2045 | 1.17% | 101.07 | -0.00% |
| NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS NY 4.000 01/01/2040 | 1.14% | 99.66 | 0.00% |
| NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT NY 5.000 10/01/2047 | 1.12% | 111.49 | 0.00% |
| NEW YORK LIBERTY DEV CORP LIBERTY REV NY 3.000 11/15/2051 | 1.12% | 71.70 | 0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.31% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 2500.00 None |
| Minimum Subsequent Investment | 100.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide investors with a high level of current income exempt from Federal, New York State and New York City income taxes by investing primarily in investment grade New York municipal bond. The Funds dollar-weighted average will usually exceed 15 years. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | New York Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | New York Municipal Debt Funds |
| Fund Owner Firm Name | T. Rowe Price |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-17-25) | 3.48% |
| 30-Day SEC Yield (11-30-25) | 3.65% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 273 |
| Bond | |
| Yield to Maturity (9-30-25) | 4.36% |
| Effective Duration | -- |
| Average Coupon | 4.57% |
| Calculated Average Quality | 2.570 |
| Effective Maturity | 13.85 |
| Nominal Maturity | 20.06 |
| Number of Bond Holdings | 272 |
As of September 30, 2025
Fund Details
| Key Dates | |
| Inception Date | 8/28/1986 |
| Last Annual Report Date | 2/28/2025 |
| Last Prospectus Date | 5/1/2025 |
| Share Classes | |
| TRYIX | Inst |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Synthetic Replication Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:PRNYX", "name") |
| Broad Asset Class: =YCI("M:PRNYX", "broad_asset_class") |
| Broad Category: =YCI("M:PRNYX", "broad_category_group") |
| Prospectus Objective: =YCI("M:PRNYX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |