T Rowe Price Tax-Free Income Fund I (TFILX)
9.37
-0.01
(-0.11%)
USD |
Dec 05 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.35% | 2.312B | -- | 26.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -55.82M | 1.35% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of income exempt from federal income taxes by investing primarily in long-term, investment grade municipal securities. The Fund normally maintains a dollar-weighted average maturity greater than 15 years. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured 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:
68
-95.69M
Peer Group Low
532.09M
Peer Group High
1 Year
% Rank:
63
-55.82M
-1.649B
Peer Group Low
5.560B
Peer Group High
3 Months
% Rank:
53
-280.38M
Peer Group Low
2.197B
Peer Group High
3 Years
% Rank:
73
-4.975B
Peer Group Low
18.10B
Peer Group High
6 Months
% Rank:
40
-650.32M
Peer Group Low
5.019B
Peer Group High
5 Years
% Rank:
76
-7.233B
Peer Group Low
34.74B
Peer Group High
YTD
% Rank:
67
-1.463B
Peer Group Low
5.771B
Peer Group High
10 Years
% Rank:
86
-7.036B
Peer Group Low
44.60B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 06, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 0.00% |
| Stock | 0.00% |
| Bond | 98.88% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 1.12% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Other Assets less Liabilities
|
1.12% | -- | -- |
| NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS NY 4.000 01/01/2040 | 0.95% | 99.89 | 0.00% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV PR 4.750 07/01/2053 | 0.83% | 94.12 | -0.59% |
| CALIFORNIA HEALTH FACS FING AUTH REV CA 5.000 11/01/2047 | 0.78% | 112.12 | -0.00% |
| DENVER COLO CONVENTION CTR HOTEL AUTH REV CO 5.000 12/01/2040 | 0.76% | -- | -- |
| REGIONAL TRANSN AUTH ILL IL 6.000 07/01/2033 | 0.75% | -- | -- |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV PR 4.329 07/01/2040 | 0.69% | 96.61 | 0.00% |
| COLUMBIA CNTY GA HOSP AUTH REV GA 5.750 04/01/2053 | 0.68% | 106.97 | -0.01% |
| OKLAHOMA ST TPK AUTH TPK REV OK 5.500 01/01/2053 | 0.66% | 106.06 | -0.01% |
| NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV NC 5.000 01/01/2040 | 0.66% | 103.38 | -0.01% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.32% |
| 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 | 500000.0 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of income exempt from federal income taxes by investing primarily in long-term, investment grade municipal securities. The Fund normally maintains a dollar-weighted average maturity greater than 15 years. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured 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 (12-4-25) | 3.72% |
| 30-Day SEC Yield (10-31-25) | 3.76% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 624 |
| Bond | |
| Yield to Maturity (9-30-25) | 4.20% |
| Effective Duration | 8.02 |
| Average Coupon | 4.82% |
| Calculated Average Quality | 2.528 |
| Effective Maturity | 15.58 |
| Nominal Maturity | 20.59 |
| Number of Bond Holdings | 623 |
As of September 30, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:TFILX", "name") |
| Broad Asset Class: =YCI("M:TFILX", "broad_asset_class") |
| Broad Category: =YCI("M:TFILX", "broad_category_group") |
| Prospectus Objective: =YCI("M:TFILX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |