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TAXE
+0.88 · +1.75%
$51.49 · NASDAQ

Intermediate Municipal Income ETF (TAXE) ETF Analysis | Muni National Interm

T. Rowe Price · USA
AUM:$124.3M
#– of – in Muni National Interm ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 6.4% over the past year, showing positive momentum.

Cost Efficiency

Ongoing charge of 0.24% — competitive for the exposure provided.

What is TAXE?

The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in investment-grade municipal securities or derivatives that are linked to or provides investment exposure to the municipal market. Under normal conditions, the fund"s weighted average effective maturity will be four to twelve years.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Positive 1-Year Return
TAXE returned 6.4% over the past year. Historical returns only — past performance is not indicative of future results.
Competitive Expense Ratio
Expense ratio of 0.24% — reasonable for the index exposure provided.
Notable Dividend Yield
Current yield of 3.44% provides a meaningful income component alongside market exposure.
ETF Information
AUM$124.3M
Expense Ratio0.24%
Dividend Yield3.44%
Holdings1
Inception DateJul 2024
Domicile–
Distribution–
Index–
ProviderT. Rowe Price
Beta–
CategoryMuni National Interm
CurrencyUSD
Portfolio Impact

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-3.1%
1Y
+2.8%
3Y
+6.5%
5Y
+6.5%
OpenBook InsightIf you had invested £10,000 in TAXE 5 years ago, it would have grown to £10,654 — a gain of £654.

Annual Returns

Calendar year performance

TAXE delivered positive returns in 2 of the last 3 calendar years.
YearTAXE
2026 YTD-1.0%
2025+5.7%
2024+1.6%
CAGR 2yr+3.6%
2/3 positive yearsAvg return: +2.1%Worst year: -1.0% (2026)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: NEGATIVE
Trend Strength
0%
Negative
Volatility
3.2%
Low
Momentum
-1.3%
30-day change
Support Level
50.23
Key floor
Key Insights
  • Price is currently below all major moving averages, indicating a weaker trend profile.
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.
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