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T. Rowe Price Tax-free Income Advisor Class: (MF: PATAX)
(NASDAQ Mutual Funds) As of Oct 21, 2025 05:30 PM ET
$9.44 USD
0.00 (NA)
Zacks MF Rank
2-Buy of 5 2
Latest Performance as of Sep 30, 2025
| Total Return %* | Percentile Rank Objective | |
|---|---|---|
| YTD | 1.58 | 73 |
| 3 months | 3.21 | 11 |
| 6 months | 2.52 | 42 |
| 1 Year | 0.48 | 70 |
| 3 Year | 4.65 | 49 |
| 5 Year | 0.80 | 69 |
| 10 Year | 1.90 | 56 |
* Annual for three years and beyond.
| Bull Market (9/02 - 10/07) | 19.77 |
| Bear Market (10/07 - 2/09) | -6.06 |
| Bull Market (2/09 - 3/21) | 70.48 |
Load Adjusted Returns as of Sep 30, 2025
| 1 Year | 0.48 |
| 5 Year | 0.80 |
| 10 Year | 1.90 |
| Since Inception | 5.08 |
Quarterly Return
| 1st Qtr. | 2nd Qtr. | 3rd Qtr. | 4th Qtr. | |
|---|---|---|---|---|
| 2025 | -0.91 | -0.66 | 3.21 | NA |
| 2024 | -0.02 | 0.75 | 2.68 | -1.08 |
| 2023 | 2.53 | 0.26 | -3.85 | 7.90 |
| 2022 | -6.19 | -4.11 | -3.63 | 3.40 |
| 2021 | -0.17 | 2.21 | -0.43 | 0.73 |
| 2020 | -1.88 | 1.85 | 1.82 | 2.38 |
Annual Return
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| % Total Return | 1.58 | 2.30 | 6.65 | -10.37 | 2.33 | 4.18 | 6.88 | 0.45 | 4.79 | -0.12 | 2.75 |
| % Total Return Rel to Index | -1.06 | 1.36 | 0.26 | -1.85 | 0.81 | -1.01 | -0.68 | -0.83 | -0.65 | -0.36 | -0.54 |
| % Total Return Rel to Peer | -0.51 | -0.56 | 1.02 | -1.33 | 0.06 | 0.30 | 0.32 | -0.48 | 0.33 | -0.02 | 0.94 |
| % Perf Quintile vs Peer* | 0.00 | 0.00 | 2.00 | 4.00 | 3.00 | 3.00 | 3.00 | 4.00 | 3.00 | 3.00 | 3.00 |
| % Dividends | 0.23 | 0.28 | 0.25 | 0.24 | 0.20 | 0.24 | 0.30 | 0.32 | 0.33 | 0.34 | 0.35 |
| % Yield | 2.37 | 2.86 | 3.05 | 2.54 | 1.82 | 2.19 | 2.80 | 3.08 | 3.12 | 3.25 | 3.21 |
| Capital Gains ($) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Expense Ratio | 0.83 | 0.87 | 0.86 | 0.86 | 0.85 | 0.84 | 0.87 | 0.86 | 0.86 | 0.86 | 0.86 |
* 1 = Top 20%, 5 = Bottom 20%