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T. Rowe Price Summit Municipal Intermediate Fund: (MF: PRSMX)

(NASDAQ Mutual Funds) As of Feb 13, 2026 05:07 PM ET

$11.62 USD

+0.01 (0.09%)

Zacks MF Rank

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1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

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2-Buy of 5   2      

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Zacks Premium Research for PRSMX

Zacks MF Rank

This is our Mutual Fund rating system that serves as a timeliness indicator for Mutual Fund's over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

Zacks Mutual Fund Rank FAQ - Learn more about the Zacks Mutual Fund Rank
Zacks Mutual Fund Rank Home - All Zacks Rank resources in one place
Zacks Premium - The only way to get access to the Zacks Rank

Buy 2
MF Report

Fund Description

T. Rowe Price Summit Municipal Intermediate Fund was incepted in October 1993 and is managed by the T. Rowe Price Associates. The objective of this fund is to seek the highest possible income exempt from federal income taxes consistent with moderate price fluctuation. It invests primarily in investment-grade municipal bonds whose income is exempt from federal income taxes. The average effective maturity will range between five and ten years. The fund offers dividends on first business day of each month. Capital gains are offered in December.

Load Information

Ticker Max
Load %
Deferred
Load %
Red.
Fee %
12B-1
Fee %
Mgmt
Fee %
Expense
Ratio %
T. Rowe Price Summit Muni Intrm Inv PRSMX NA NA 0.00 0.00 0.27 0.41

Return Data

Ticker Nav Inception Date % yield 1 year return 2 year return 3 year return
T. Rowe Price Summit Muni Intrm Rtl PRSMX 11.62 10/29/1993 NA 5.26 3.32 1.05

Investment Information

Ticker Minimum Initial Investment ($) Minimum Subsequent Investment ($) Minimum Initial IRA ($) Dividend Frequency
T. Rowe Price Summit Muni Intrm Inv PRSMX 25000 1000 25000 M

Contact Information

Family T. Rowe Price
Address 100 E Pratt Street
Baltimore, MD 21202
Phone 800 225-5132