TAXE Stock Summary and Trading Ideas (T Rowe Price Intermediate Municipal Bond | NASDAQ:TAXE)

The fund seeks the highest level of income exempt from federal income taxes consistent with moderate price fluctuation. 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. There are no maturity limitations on individual securities. The fund primarily invests in tax-exempt securities; however, the fund may invest in securities subject to the alternative minimum tax. The fund may also invest in the securities of issuers whose revenues are generated from similar types of projects or operate in similar business sectors, including healthcare, transportation, utilities, and private activity bonds. The fund may have significant exposure to specific states under some circumstances.

T Rowe Price Intermediate Municipal Bond trades on the NASDAQ stock market under the symbol TAXE.

As of March 14, 2025, TAXE stock price was flat at $50.14 with 181 million shares trading.

TAXE has a market cap of $26.32 million. This is considered a Sub-Micro Cap stock.

TAXE support price is $50.05 and resistance is $50.23 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TAXE shares will trade within this expected range on the day.