---
ticker: "TAXE"
name: "T. Rowe Price Intermediate Municipal Income ETF"
url: "https://etf.net/etf/TAXE"
grade: "A"
score: 70
graded_at: "2026-10-12"
category: "Intermediate Municipal Bonds"
category_rank: "6 of 20"
methodology: "https://etf.net/methodology"
---

# TAXE: T. Rowe Price Intermediate Municipal Income ETF

Grade **A**, Score 70 of 100. Rank 6 of 20 in Intermediate Municipal Bonds.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 79 | 5 of 20 |
| Mission | 98 | 5 of 19 |
| Risk | 55 | 8 of 20 |
| Tradability | 39 | 13 of 20 |
| Holdings | 59 | 8 of 20 |
| Durability | 48 | 11 of 20 |

## Top holdings

The fund holds 720 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Connecticut St Hlth Eductnl Ctshgr 07/42 Adjustable Var | 2.43% |
| 2 | — | Puerto Rico Sales Tax Fing Cor Prcgen 07/40 Fixed 4.329 | 2.18% |
| 3 | — | Black Belt Energy Gas Dist Al Bbeutl 06/51 Adjustable Var | 1.64% |
| 4 | — | Univ Hosps Clinics Auth Wi Unvmed 04/54 Adjustable Var | 1.14% |
| 5 | — | Burleson Tx Indep Sch Dist Brlscd 08/40 Fixed 4 | 1.03% |
| 6 | — | Southeast Energy Auth Al Commo Seepwr 12/51 Adjustable Var | 0.98% |
| 7 | — | Salt Lake City Ut Arpt Revenue Salapt 07/34 Fixed 5 | 0.96% |
| 8 | — | Met Washington Dc Arpts Auth A Metapt 10/29 Fixed 5 | 0.81% |
| 9 | — | Spartanburg Sc Regl Hlth Svcs Spamed 04/56 Adjustable Var | 0.76% |
| 10 | — | Dallas Fort Worth Tx Internati Dalapt 11/31 Fixed 5 | 0.74% |
| 11 | — | Washington St Was 06/35 Fixed 5 | 0.72% |
| 12 | — | South Carolina St Public Svc A Scsutl 12/31 Fixed 5 | 0.64% |
| 13 | — | Roanoke Va Econ Dev Auth Hospr Roadev 07/52 Adjustable Var | 0.63% |
| 14 | — | Michigan St Hosp Fin Auth Mismed 08/55 Adjustable Var | 0.61% |
| 15 | — | Priv Clgs Univs Auth Ga Prihgr 09/33 Fixed 5 | 0.61% |
| 16 | — | Wisconsin St Hlth Eductnl Fa Wismed 02/29 Fixed 5 | 0.59% |
| 17 | — | Kentucky St Public Energy Auth Kyspwr 05/36 Fixed 5 | 0.59% |
| 18 | — | Virginia St Small Business Fin Vasdev 01/35 Fixed 5 | 0.59% |
| 19 | — | Fairfax Cnty Va Indl Dev Auth Faidev 05/42 Fixed 4 | 0.59% |
| 20 | — | Greeneville Tn Hlth Eductnl Gremed 07/36 Fixed 5 | 0.57% |
| 21 | — | Clifton Tx Hgr Edu Fin Corp Ed Cliedu 02/42 Fixed Oid 4.375 | 0.56% |
| 22 | — | Capital Projs Fl Fin Auth Stud Cpphsg 10/28 Fixed 5 | 0.55% |
| 23 | — | Colorado St Hlth Facs Auth Rev Cosmed 05/37 Fixed 5 | 0.54% |
| 24 | — | Energy S E Al A Cooperative Di Esdpwr 11/35 Fixed 5 | 0.53% |
| 25 | — | Colorado St Cops Cosctf 12/37 Fixed 6 | 0.52% |
| 26 | — | Mississippi St Business Fin Co Mssdev 05/28 Adjustable Var | 0.51% |
| 27 | — | Atlanta Ga Arpt Passenger Fac Atlapt 07/39 Fixed 4 | 0.51% |
| 28 | — | Energy N W Wa Elec Revenue Enepwr 07/35 Fixed 5 | 0.51% |
| 29 | — | Puerto Rico Cmwlth Prc 07/31 Fixed 5.75 | 0.51% |
| 30 | — | New York St Thruway Auth Nystrn 01/42 Fixed 4 | 0.50% |

Source: etf.net, https://etf.net/etf/TAXE. Please cite the page URL.