T. Rowe Price debuts its first tax-free municipal bond ETF (NASDAQ:TROW)
2024-07-10
RiverNorthPhotography/iStock Unreleased via Getty Images T. Rowe Price Group’s (NASDAQ:TROW) first federally tax-free municipal bond exchange-traded fund, the Intermediate Municipal Income ETF (TAXE), started trading Wednesday on the Nasdaq The new fund’s strategy focuses on investment-grade intermediate-term municipal bonds with a weighted average effective maturity of four to 12 years.Continue Reading