T. Rowe Price Core Municipal Bond Fund

Asset mix

DBT: 99.6% · ABS-MBS: 0.4%

Financial position

Total assets: $2.29B
Total liabilities: $24.6M
Net assets: $2.27B
Assets attributable to miscellaneous securities: $0
Assets invested in controlled foreign corporations: $0
Borrowings payable within one year: $0
Payable to controlled companies within one year: $0
Payable to other affiliates within one year: $0
Other liabilities payable within one year: $0
Borrowings payable after one year: $0
Payable to controlled companies after one year: $0
Payable to other affiliates after one year: $0
Other liabilities payable after one year: $0
Payables for delayed-delivery investments: $13.1M
Payables for standby commitments: $0
Liquidation preference of outstanding preferred stock: $0
Cash not reported in Parts C or D: $45.7K

Monthly flows and gains

	Month 1	Month 2	Month 3
Sales	$34.8M	$25.9M	$35.9M
Reinvestment	$5.04M	$4.98M	$5.5M
Redemptions	$42.8M	$26.7M	$37.5M
Net realized gain (non-derivative)	$-1.18M	$-807K	$-308K
Net unrealized appreciation (non-derivative)	$18.3M	$-51M	$-14.4M

The three months of the reporting period, as filed; month 3 ends August 31, 2026.

Credit spread risk (change in value per 1bp spread move)

Tenor	Investment grade	Non-investment grade
3 months	$-14.7K	$-749
1 year	$-57.8K	$-5.22K
5 years	$-390K	$-11K
10 years	$-785K	$-44.3K
30 years	$-338K	$-60.8K

Filing details

Registrant: T. Rowe Price Tax-free Income Fund, Inc.
Registrant CIK: 202927
Registrant LEI: 549300566VXP0UL02W69
Series: T. Rowe Price Core Municipal Bond Fund
Series ID: S000002163
Series LEI: AQVTFPJ03TC8U1Q0ZJ34
SEC file number: 811-02684
Address: 1307 Point Street, Baltimore, US-MD, 21231, US
Phone: 410-345-2000
Form: NPORT-P
Filed: October 28, 2026
Report period ends: February 28, 2027
Report month ends: August 31, 2026
Accession number: 000109926326010962

Holding	Value	% of net assets
Pr Sales Tax Fing Sales Tax Rev Ser A1 DBT	$19.2M	0.85%
North Carolina St Turnpike Auth Sr Lien DBT	$17M	0.75%
Il Regional Transp Auth Ser A DBT	$16.8M	0.74%
Puerto Rico Sales Tax Restruct Ser A-2 DBT	$16.1M	0.71%
Columbia Cnty Ga Hosp Wellstar Sys Ser A DBT	$15.4M	0.68%
Ok Turnpike Auth DBT	$15M	0.66%
Ny Transprtn Dev Corp Amt DBT	$14.6M	0.65%
Ny St Dorm Auth Non St Supp Ser A DBT	$14.6M	0.64%
Md H&H Ed Facs Adventist Hlthcre Ser A DBT	$13.5M	0.59%
Cincinnati Childrens Hosp Proj Ser Cc DBT	$13.3M	0.59%
Pa St Hsg Fin Agy Sf Mtge Rev Ser 137 DBT	$12.8M	0.56%
Denver Co Convention Ctr Hotel Senior DBT	$12.4M	0.55%
Cook Co-ref DBT	$12.1M	0.53%
Tx St Gas Acq & Sply Corp V Gas Sply Rev DBT	$12M	0.53%
Washington Dc Met Area Trans Auth Ser A DBT	$11.9M	0.52%
Pr Sales Tax Fing Sales Tax Rev Ser A1 DBT	$11.6M	0.51%
Ca Hlth Facs Kaiser Permanente Subser A2 DBT	$11.5M	0.51%
Ny St Twy Auth Jr Ser B DBT	$11.5M	0.51%
Geo Smith Ii Ga Conv Ctr Auth Htl Ser A DBT	$11.5M	0.50%
Mass St Hlth & Edl Facs Mit DBT	$11.4M	0.50%
Ms St Bus Fin Com Chevron Usa Sr B Dly DBT	$11.2M	0.49%
Dc Inc Tax Sec Rev Sr A DBT	$11.2M	0.49%
Massachusetts St Consol Loan Ser H DBT	$11.1M	0.49%
Washington St Ser C DBT	$10.9M	0.48%
Pr Comwlth Cvi-subser Cw Hta 98 Txbl DBT	$10.5M	0.47%
Washington Dc Met Area Trans Auth Ser A DBT	$10.4M	0.46%
Ma Cmwlth-d DBT	$10.2M	0.45%
Maryland St Stadium A DBT	$10.2M	0.45%
Va St Hsg Dev Auth Ser F DBT	$10.2M	0.45%
Buckeye Oh Tob Stlmt Sr B-2 Cl 2 DBT	$9.86M	0.43%
St Louis Cnty Mo Indl Frdship Vlg Ser A DBT	$9.78M	0.43%
Met Wa Arpts Conv B DBT	$9.75M	0.43%
Ny St Da Rev Non St Sup White Plains Hos DBT	$9.57M	0.42%
Pub Fin Auth-amt Amt DBT	$9M	0.40%
Pr Comwlth Pub Impt Cvi-subser Cw Nt DBT	$8.99M	0.40%
Nj Hlthcare Facs Rwj Barnabas Obl Ser A DBT	$8.96M	0.40%
Fairfax Co Va Eda Silver Ln Ph I Prj DBT	$8.96M	0.40%
Illinois St Hsg Dev Auth Rev Ser A DBT	$8.9M	0.39%
Wa St Hsg Fin Comm Soc Cert Ser A-1 DBT	$8.89M	0.39%
Ct St Hlth & Edu Auth DBT	$8.85M	0.39%
Nj St Turnpike Auth Rev Ser B DBT	$8.85M	0.39%
New York St Transprtn Amt DBT	$8.79M	0.39%
Cuyahoga Co Oh Hosp Rev Metrohlth Sys DBT	$8.76M	0.39%
Illinois St Ser B DBT	$8.69M	0.38%
Great Lakes Wtr Swr Disp Sen Lien Ser A DBT	$8.66M	0.38%
Tx Transprtn Fin-a DBT	$8.5M	0.38%
Montgomery Co Md Hsg Opps Commsn Rev DBT	$8.43M	0.37%
New York Ny Ser B-5 Daily DBT	$8.4M	0.37%
N Tx Toll Auth Rev Ref Ser A DBT	$8.34M	0.37%
Ma Dev Fin Agy-n-ref DBT	$8.18M	0.36%
Ny St Dorm Per Inc Tax Rev Ser A DBT	$8.11M	0.36%
Phoenix Az Hlth Facs Mayo Clinic Sr B Dl DBT	$8M	0.35%
Black Belt Energy-c DBT	$7.99M	0.35%
Pr Sales Tax Fing Sales Tax Rev Ser A1 DBT	$7.99M	0.35%
Arlington Co Va Hosp Ctr Fac Rev DBT	$7.95M	0.35%
Massachusetts Cmnwlth DBT	$7.94M	0.35%
Main Street Nat Gas Inc Rev Ser E DBT	$7.93M	0.35%
Ny St Udc Sales Tax Rev Bid Grp Ser A DBT	$7.91M	0.35%
Roanoke Va Eda Hosp Rev Carilion Ser A DBT	$7.91M	0.35%
Nyc Ny Hsg Dev Corp Rev Sust Dev Sr A DBT	$7.83M	0.35%

Showing top 60 of 665 holdings.