NPORT-EX 2 7012TRP113021.htm
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
November
30,
2021
(Unaudited)
1
Portfolio
of
Investments
‡
Par
$
Value
(Amounts
in
000s)
‡
MUNICIPAL
SECURITIES
99.7%
ALABAMA
0.8%
Black
Belt
Energy
Gas
Dist.,
Series A,
VRDN,
4.00%,
8/1/47
(Tender
7/1/22) 
1,120‌
1,139‌
Black
Belt
Energy
Gas
Dist.,
Series A,
VRDN,
4.00%,
12/1/48
(Tender
12/1/23) 
11,935‌
12,716‌
Jefferson
County,
Series A,
GO,
5.00%,
4/1/22 
2,900‌
2,946‌
16,801‌
ALASKA
0.2%
Alaska
HFC,
State
Capital
Project,
Series A,
4.00%,
6/1/26 
600‌
688‌
Alaska
HFC,
State
Capital
Project,
Series A,
5.00%,
12/1/26 
900‌
1,087‌
Alaska
HFC,
State
Capital
Project,
Series A,
5.00%,
6/1/27 
750‌
916‌
Alaska
HFC,
State
Capital
Project,
Series A,
5.00%,
12/1/27 
930‌
1,151‌
3,842‌
ARIZONA
1.7%
Maricopa
County
IDA,
Banner
Health
Group,
Series B,
FRN,
100%
of
MUNIPSA
+
0.38%,
0.43%,
1/1/35
(Tender
10/18/22) 
3,785‌
3,786‌
Maricopa
County
IDA,
Banner
Health
Group,
Series B,
VRDN,
5.00%,
1/1/48
(Tender
10/18/22) 
2,325‌
2,422‌
Maricopa
County
IDA,
Banner
Health
Group,
Series C,
FRN,
100%
of
MUNIPSA
+
0.57%,
0.62%,
1/1/35
(Tender
10/18/24) 
7,235‌
7,272‌
Maricopa
County
IDA,
Banner
Health
Group,
Series D,
VRDN,
5.00%,
1/1/46
(Tender
5/15/26) 
7,000‌
8,315‌
Maricopa
County
Pollution
Control,
Public
Service
of
New
Mexico,
Series A,
VRDN,
1.05%,
1/1/38
(Tender
6/1/22) 
2,000‌
2,007‌
Phoenix
Civic
Improvement,
Junior
Lien,
Series B,
5.00%,
7/1/23 (1)
2,000‌
2,146‌
Phoenix
Civic
Improvement,
Junior
Lien,
Series B,
5.00%,
7/1/24 (1)
1,000‌
1,112‌
Phoenix
Civic
Improvement,
Junior
Lien,
Series B,
5.00%,
7/1/25 (1)
1,250‌
1,438‌
Phoenix
Civic
Improvement,
Phoenix
Sky
Harbor
Int'l.
Airport,
Series A,
5.00%,
7/1/22 (1)
975‌
1,002‌
Salt
River
Agricultural
Improvement
&
Power
Dist.,
5.00%,
1/1/24 
5,350‌
5,869‌
Salt
River
Agricultural
Improvement
&
Power
Dist.,
Series 2011A,
5.00%,
12/1/28 
1,500‌
1,500‌
36,869‌
CALIFORNIA
8.7%
California,
GO,
5.00%,
10/1/22 
17,290‌
17,986‌
California,
GO,
5.00%,
10/1/23 
2,000‌
2,172‌
California,
GO,
5.00%,
11/1/23 
10,500‌
11,442‌
California,
GO,
5.00%,
9/1/24 
3,000‌
3,381‌
California,
GO,
5.00%,
9/1/25 
5,230‌
6,102‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
2
Par
$
Value
(Amounts
in
000s)
California,
GO,
Refunding,
5.00%,
10/1/22 
4,000‌
4,161‌
California
Community
Choice
Fin.
Auth.,
Green
Bond,
Series B-1,
VRDN,
4.00%,
2/1/52
(Tender
8/1/31) 
10,000‌
12,109‌
California
HFFA,
Kaiser
Permanente,
Series D,
VRDN,
5.00%,
11/1/32
(Tender
11/1/22) 
6,705‌
7,000‌
California
HFFA,
Lucile
Salter
Packard
Children's
Hospital,
5.00%,
5/15/23 (2)
550‌
574‌
California
HFFA,
Lucile
Salter
Packard
Children's
Hospital,
5.00%,
5/15/24 (2)
1,200‌
1,300‌
California
HFFA,
Lucile
Salter
Packard
Children's
Hospital,
5.00%,
5/15/25 (2)
1,600‌
1,793‌
California
HFFA,
Lucile
Salter
Packard
Children's
Hospital,
5.00%,
5/15/26 (2)
1,000‌
1,154‌
California
HFFA,
Lucile
Salter
Packard
Children's
Hospital,
5.00%,
5/15/27 (2)
275‌
326‌
California
HFFA,
Providence
St.
Joseph
Health,
VRDN,
5.00%,
10/1/39
(Tender
10/1/25) 
3,200‌
3,745‌
California
Infrastructure
&
Economic
Dev.
Bank,
Series B,
FRN,
100%
of
MUNIPSA
+
0.70%,
0.75%,
12/1/50
(Tender
6/1/26) 
1,175‌
1,193‌
California
Infrastructure
&
Economic
Dev.
Bank,
Series D,
FRN,
100%
of
MUNIPSA
+
0.35%,
0.40%,
8/1/47
(Tender
8/1/24) 
2,025‌
2,032‌
California
Public
Works
Board,
Series A,
5.00%,
4/1/26 
500‌
508‌
California
Public
Works
Board,
Series A,
5.00%,
4/1/28 
2,500‌
2,540‌
California
Public
Works
Board,
Series A,
5.00%,
4/1/32 
400‌
406‌
California
Statewide
CDA,
Methodist
Hosp.
of
Southern
CA,
5.00%,
1/1/22 
500‌
502‌
California
Statewide
CDA,
Methodist
Hosp.
of
Southern
CA,
5.00%,
1/1/23 
500‌
524‌
California
Statewide
CDA,
Methodist
Hosp.
of
Southern
CA,
5.00%,
1/1/24 
600‌
654‌
California
Statewide
CDA,
Methodist
Hosp.
of
Southern
CA,
5.00%,
1/1/25 
1,025‌
1,159‌
California
Statewide
CDA,
Methodist
Hosp.
of
Southern
CA,
5.00%,
1/1/26 
1,125‌
1,313‌
California
Statewide
CDA,
Viamonte
Senior
Living,
3.00%,
7/1/25 
935‌
937‌
California,
Various
Purpose,
GO,
4.00%,
3/1/24 
18,780‌
20,328‌
California,
Various
Purpose,
GO,
4.00%,
3/1/27 
10,000‌
11,698‌
California,
Various
Purpose,
GO,
5.00%,
9/1/22 
250‌
259‌
Los
Angeles
Dept.
of
Airports,
Series A,
5.00%,
5/15/26 (1)
1,200‌
1,421‌
Los
Angeles
Dept.
of
Airports,
Los
Angeles
Intern,
5.00%,
5/15/23 (1)
3,000‌
3,202‌
Los
Angeles
Unified
School
Dist.,
Series C,
GO,
5.00%,
7/1/25 
3,340‌
3,732‌
Northern
California
Gas
Auth.
No.
1,
Series B,
FRN,
67%
of
3M
USD
LIBOR
+
0.72%,
0.808%,
7/1/27 
3,595‌
3,622‌
Orange
County
Transportation
Auth.,
BAN,
5.00%,
10/15/24 
5,000‌
5,659‌
Port
of
Oakland,
Intermediate
Lien,
Series H,
5.00%,
5/1/23 (1)
2,450‌
2,613‌
Port
of
Oakland,
Intermediate
Lien,
Series H,
5.00%,
5/1/24 (1)
3,100‌
3,432‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
3
Par
$
Value
(Amounts
in
000s)
San
Diego
Assoc.
of
Govt's,
Green
Bond-Mid
Coast
Corridor,
5.00%,
11/15/23 
5,000‌
5,225‌
San
Diego
County
Regional
Airport
Auth.,
Series B,
5.00%,
7/1/25 (1)
1,000‌
1,153‌
San
Francisco
City
&
County
Int'l.
Airport,
Series A,
5.00%,
5/1/22 (1)(3)
1,025‌
1,045‌
San
Francisco
City
&
County
Int'l.
Airport,
Series D,
5.00%,
5/1/22 (1)(3)
1,325‌
1,351‌
San
Francisco
City
&
County
Int'l.
Airport,
Series D,
5.00%,
5/1/23 (1)
800‌
852‌
San
Francisco
City
&
County
Int'l.
Airport,
Unrefunded
Balance,
Series 2018A,
5.00%,
5/1/23 (1)
800‌
852‌
San
Francisco
Community
College
Dist.,
GO,
5.00%,
6/15/24 
2,375‌
2,649‌
San
Mateo
Foster
City
PFA,
Series B,
5.00%,
8/1/25 
14,575‌
16,969‌
Univ.
of
California,
Regents,
Series AK,
VRDN,
5.00%,
5/15/48
(Tender
5/15/23) 
15,305‌
16,356‌
187,431‌
COLORADO
2.2%
Colorado,
Series A,
COP,
5.00%,
12/15/24 
2,830‌
3,221‌
Colorado
HFA,
Catholic
Health
Initiatives,
Series B-1,
5.00%,
7/1/26
(Prerefunded
11/9/22) (4)
1,745‌
1,821‌
Colorado
HFA,
Christian
Living
Neighborhoods,
4.00%,
1/1/22 
400‌
401‌
Colorado
HFA,
Christian
Living
Neighborhoods,
5.00%,
1/1/23 
750‌
781‌
Colorado
HFA,
Christian
Living
Neighborhoods,
5.00%,
1/1/24 
630‌
678‌
Colorado
HFA,
Christian
Living
Neighborhoods,
5.00%,
1/1/25 
600‌
656‌
Colorado
HFA,
Christian
Living
Neighborhoods,
5.00%,
1/1/26 
550‌
599‌
Colorado
HFA,
Commonspirit
Health,
Series B-2,
VRDN,
5.00%,
8/1/49
(Tender
8/1/26) 
1,000‌
1,178‌
Colorado
HFA,
Sanford
Health,
Series A,
5.00%,
11/1/22 
1,800‌
1,878‌
Colorado
HFA,
Sanford
Health,
Series A,
5.00%,
11/1/23 
1,600‌
1,740‌
Colorado
HFA,
Sanford
Health,
Series A,
5.00%,
11/1/24 
1,365‌
1,541‌
Colorado
HFA,
Sanford
Health,
Series A,
5.00%,
11/1/25 
2,150‌
2,510‌
Colorado
HFA,
Sanford
Health,
Series A,
5.00%,
11/1/27 
2,080‌
2,567‌
Denver
City
&
County,
Series A,
5.00%,
8/1/22 
2,000‌
2,063‌
Denver
City
&
County,
Series A,
5.00%,
8/1/23 
2,345‌
2,526‌
Denver
City
&
County
Airport,
Series A,
5.00%,
12/1/21 (1)
800‌
800‌
Denver
City
&
County
Airport,
Series A,
5.25%,
11/15/22 (1)
1,540‌
1,546‌
Denver
City
&
County
Airport,
Series B,
5.00%,
11/15/25 
1,575‌
1,646‌
Denver
City
&
County
Airport
System
Revenue,
Series A,
5.00%,
11/15/29 (1)
4,945‌
6,027‌
Denver
City
&
County
Airport
System
Revenue,
Series A,
5.00%,
11/15/30 (1)
1,000‌
1,217‌
Denver
City
&
County
Airport
System
Revenue,
Series A,
5.00%,
12/1/31 (1)
2,000‌
2,467‌
Denver
City
&
County
Airport
System
Revenue,
Series B,
4.00%,
11/15/31 
2,970‌
3,075‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
4
Par
$
Value
(Amounts
in
000s)
Denver
Convention
Center
Hotel
Auth.,
4.00%,
12/1/21 
500‌
500‌
Denver
Convention
Center
Hotel
Auth.,
5.00%,
12/1/22 
2,350‌
2,452‌
E-470
Public
Toll
Highway,
Series A,
5.00%,
9/1/26 
1,250‌
1,499‌
E-470
Public
Toll
Highway,
Series B,
FRN,
67%
of
SOFR
+
0.35%,
0.384%,
9/1/39
(Tender
9/1/24) 
2,750‌
2,756‌
48,145‌
CONNECTICUT
0.4%
Connecticut,
Series A,
GO,
3.00%,
1/15/22 
275‌
276‌
Connecticut,
Series A,
GO,
5.00%,
10/15/25 
250‌
272‌
Connecticut
Special
Tax
Obligation,
Transportation
Infrastructure,
Series A,
5.00%,
9/1/23 
3,000‌
3,246‌
Connecticut
State
HEFA,
5.00%,
7/1/24 
375‌
412‌
Connecticut
State
HEFA,
VRDN,
0.375%,
7/1/35
(Tender
7/12/24) 
3,475‌
3,469‌
Connecticut
State
HEFA,
Stamford
Hosp.,
Series J,
4.00%,
7/1/27 
400‌
409‌
8,084‌
DELAWARE
0.2%
Delaware
Transportation
Auth.,
5.00%,
9/1/22 
1,110‌
1,150‌
Delaware
Transportation
Auth.,
5.00%,
9/1/23 
1,750‌
1,891‌
Delaware
Transportation
Auth.,
5.00%,
9/1/24 
750‌
842‌
3,883‌
DISTRICT
OF
COLUMBIA
2.7%
District
of
Columbia,
Income
Tax,
Series A,
5.00%,
3/1/26 
3,100‌
3,675‌
District
of
Columbia,
Income
Tax,
Series B,
5.00%,
10/1/26 
6,290‌
7,593‌
District
of
Columbia,
Income
Tax,
Series B,
5.00%,
12/1/26 
500‌
523‌
District
of
Columbia,
Income
Tax,
Series C,
5.00%,
12/1/22 
4,620‌
4,842‌
District
of
Columbia,
Income
Tax,
Series G,
5.00%,
12/1/29 (3)
145‌
145‌
District
of
Columbia,
Income
Tax,
Series G,
5.00%,
12/1/29
(Prerefunded
12/1/21) (4)
1,250‌
1,250‌
Metropolitan
Washington
Airports
Auth.,
5.00%,
10/1/24 (1)
1,400‌
1,571‌
Metropolitan
Washington
Airports
Auth.,
Series 2012A,
5.00%,
10/1/28 (1)
2,500‌
2,595‌
Metropolitan
Washington
Airports
Auth.,
Series 2018A,
5.00%,
10/1/24 (1)
3,975‌
4,460‌
Metropolitan
Washington
Airports
Auth.,
Series A,
5.00%,
10/1/23 (1)
6,460‌
7,008‌
Metropolitan
Washington
Airports
Auth.,
Series A,
5.00%,
10/1/24 (1)
7,135‌
8,005‌
Metropolitan
Washington
Airports
Auth.,
Series A,
5.00%,
10/1/26 (1)
1,500‌
1,621‌
Metropolitan
Washington
Airports
Auth.,
Series A,
5.00%,
10/1/28 (1)
4,300‌
5,381‌
Metropolitan
Washington
Airports
Auth.,
Airport
System,
Series A,
5.00%,
10/1/24 (1)
2,000‌
2,077‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
5
Par
$
Value
(Amounts
in
000s)
Metropolitan
Washington
Airports
Auth.,
Aviation
Revenue,
Series A,
5.00%,
10/1/26 (1)
6,505‌
7,760‌
Metropolitan
Washington
Airports
Auth.,
Aviation
Revenue,
Series B,
5.00%,
10/1/24 
270‌
305‌
58,811‌
FLORIDA
6.7%
Alachua
County
HFA,
Shands
Teaching
Hosp.,
5.00%,
12/1/25 
1,225‌
1,434‌
Alachua
County
HFA,
Shands
Teaching
Hosp.,
5.00%,
12/1/26 
500‌
603‌
Alachua
County
HFA,
Shands
Teaching
Hosp.,
VRDN,
5.00%,
12/1/37
(Tender
12/1/26) 
1,000‌
1,172‌
Brevard
County
HFA,
Health
First,
5.00%,
4/1/23 
1,895‌
2,013‌
Brevard
County
HFA,
Health
First,
5.00%,
4/1/26 
145‌
160‌
Broward
County
Airport
System,
5.00%,
10/1/22 (1)
425‌
442‌
Broward
County
Airport
System,
5.00%,
10/1/23 (1)
675‌
732‌
Broward
County
Airport
System,
Series A,
5.00%,
10/1/23 (1)
1,250‌
1,355‌
Broward
County
Airport
System,
Series A,
5.00%,
10/1/24 (1)
1,250‌
1,402‌
Broward
County
Airport
System,
Series A,
5.00%,
10/1/25 (1)
2,065‌
2,395‌
Broward
County
Airport
System,
Series B,
5.00%,
10/1/23 (1)
1,375‌
1,491‌
Broward
County
Airport
System,
Series B,
5.00%,
10/1/24 (1)
1,400‌
1,571‌
Broward
County
Airport
System,
Series B,
5.00%,
10/1/25 (1)
1,500‌
1,739‌
Broward
County
Airport
System,
Series C,
5.00%,
10/1/22 
115‌
120‌
Broward
County
Airport
System,
Series C,
5.00%,
10/1/25 (1)
1,235‌
1,432‌
Broward
County
Airport
System,
Series P-1,
5.00%,
10/1/22 (1)
2,500‌
2,597‌
Broward
County
Airport
System,
Series P-2,
5.00%,
10/1/22 
185‌
192‌
Broward
County
Airport
System,
Series Q-1,
5.00%,
10/1/25 
4,315‌
4,484‌
Broward
County
Water
&
Sewer
Utility,
Series B,
5.00%,
10/1/22 
1,395‌
1,451‌
Capital
Projects
Fin.
Auth.,
Florida
Univ.
Project,
Series A-1,
5.00%,
10/1/24 
550‌
608‌
Capital
Projects
Fin.
Auth.,
Florida
Univ.
Project,
Series A-1,
5.00%,
10/1/25 
500‌
568‌
Central
Florida
Expressway
Auth.,
Senior
Lien,
5.00%,
7/1/22 
750‌
771‌
Central
Florida
Expressway
Auth.,
Senior
Lien,
5.00%,
7/1/23 
740‌
794‌
Central
Florida
Expressway
Auth.,
Senior
Lien,
5.00%,
7/1/24 
250‌
280‌
Florida
Dept.
of
Environmental
Protection,
Series A,
5.00%,
7/1/22 
4,800‌
4,935‌
Florida
DOT,
Federal
Highway
Reimbursement,
Series A,
5.00%,
7/1/24 
3,030‌
3,380‌
Florida
DOT,
Right
of
Way
Acquisition
&
Bridge
Construction,
Series A,
GO,
5.00%,
7/1/27 
4,290‌
5,292‌
Florida
DOT,
Turnpike
System,
Series A,
4.00%,
7/1/30 
4,000‌
4,353‌
Florida
Municipal
Power
Agency,
All-Requirements
Power
Supply,
5.00%,
10/1/22 
1,265‌
1,315‌
Florida,
Board
of
Ed.,
Capital
Outlay,
Series B,
GO,
5.00%,
6/1/25 
7,340‌
8,503‌
Florida,
Board
of
Ed.,
Capital
Outlay,
Series C,
GO,
5.00%,
6/1/22 
11,250‌
11,522‌
Florida,
Board
of
Ed.,
Capital
Outlay,
Series C,
GO,
5.00%,
6/1/25 
5,610‌
6,254‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
6
Par
$
Value
(Amounts
in
000s)
Florida,
Board
of
Ed.,
Capital
Outlay,
Series C,
GO,
Refunding,
5.00%,
6/1/22 
245‌
251‌
Florida,
Board
of
Ed.,
Capital
Outlay,
Series E,
GO,
5.00%,
6/1/25 
7,425‌
8,601‌
Florida,
Board
of
Ed.,
Capital
Outlay,
Series E,
GO,
5.00%,
6/1/31 
9,065‌
10,474‌
Greater
Orlando
Aviation
Auth.,
Series A,
5.00%,
10/1/23 (1)(3)
2,000‌
2,167‌
Greater
Orlando
Aviation
Auth.,
Series A,
5.00%,
10/1/25 (1)
5,000‌
5,798‌
Greater
Orlando
Aviation
Auth.,
Series A,
5.00%,
10/1/28 (1)
3,000‌
3,759‌
Greater
Orlando
Aviation
Auth.
Unrefunded
Balance,
5.00%,
10/1/23 (1)
1,455‌
1,577‌
Jacksonville
Electric
Auth.,
Water
&
Sewer,
Series A,
5.00%,
10/1/22 (3)
1,000‌
1,039‌
Martin
County
HFA,
Memorial
Medical
Center,
5.00%,
11/15/22 (3)
1,445‌
1,511‌
Miami-Dade
County
Aviation,
5.00%,
10/1/22 
500‌
520‌
Miami-Dade
County
Aviation,
Series A,
5.00%,
10/1/23 
1,750‌
1,899‌
Miami-Dade
County
Aviation,
Series A,
5.00%,
10/1/30 (1)
300‌
344‌
Miami-Dade
County
Expressway
Auth.,
Series A,
5.00%,
7/1/24 
1,530‌
1,572‌
Miami-Dade
County
Expressway
Auth.,
Series A,
5.00%,
7/1/30 
2,000‌
2,222‌
Miami-Dade
County
Expressway
Auth.,
Series A,
5.00%,
7/1/31 
2,000‌
2,221‌
Miami-Dade
County
Expressway
Auth.,
Series B,
5.00%,
7/1/22 
3,250‌
3,338‌
Miami-Dade
County
Expressway
Auth.,
Series B,
5.00%,
7/1/25 (5)
4,870‌
5,441‌
Orange
County
Convention
Center,
Tourist
Dev.
Tax,
5.00%,
10/1/23 
3,360‌
3,638‌
Orange
County
School
Board,
Series C,
COP,
5.00%,
8/1/28 
1,750‌
2,201‌
Palm
Beach
County
HFA,
Baptist
Health
South
Florida,
5.00%,
8/15/22 
500‌
516‌
Palm
Beach
County
HFA,
Baptist
Health
South
Florida,
5.00%,
8/15/23 
800‌
862‌
Palm
Beach
County
HFA,
Baptist
Health
South
Florida,
5.00%,
8/15/24 
1,010‌
1,132‌
Palm
Beach
County
HFA,
Baptist
Health
South
Florida,
5.00%,
8/15/25 
620‌
719‌
Palm
Beach
County
HFA,
Baptist
Health
South
Florida,
5.00%,
8/15/26 
600‌
717‌
South
Miami
HFA,
Baptist
Health
South
Florida,
5.00%,
8/15/22 
680‌
702‌
Tampa,
Baycare
Health,
Series A,
5.00%,
11/15/24 
4,420‌
4,514‌
Tampa,
Baycare
Health,
Series A,
5.00%,
11/15/25 
1,860‌
1,900‌
144,995‌
GEORGIA
5.7%
Atlanta
Dept.
of
Aviation,
Series B,
5.00%,
7/1/25 (1)
2,275‌
2,617‌
Atlanta
Dept.
of
Aviation,
Series B,
5.00%,
7/1/26 (1)
2,685‌
3,180‌
Atlanta
Dept.
of
Aviation,
Series B,
5.00%,
7/1/27 (1)
3,810‌
4,635‌
Atlanta
Dept.
of
Aviation,
Series B,
5.00%,
7/1/28 (1)
6,800‌
8,472‌
Atlanta
Water
&
Wastewater,
5.00%,
11/1/31 
5,000‌
5,758‌
Burke
County
Dev.
Auth.,
Georgia
Power
Plant
Vogtle,
VRDN,
0.09%,
11/1/52 (1)
1,640‌
1,640‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
7
Par
$
Value
(Amounts
in
000s)
Burke
County
Dev.
Auth.,
Georgia
Power
Plant
Vogtle,
VRDN,
2.15%,
10/1/32
(Tender
6/13/24) 
7,775‌
8,079‌
Burke
County
Dev.
Auth.,
Georgia
Power
Plant
Vogtle,
VRDN,
2.25%,
10/1/32
(Tender
5/25/23) 
2,450‌
2,515‌
Cobb
County
Kennestone
Hosp.
Auth.,
RAC,
5.00%,
4/1/23 
350‌
371‌
Cobb
County
Kennestone
Hosp.
Auth.,
RAC,
5.00%,
4/1/24 
650‌
719‌
Cobb
County
Kennestone
Hosp.
Auth.,
RAC,
5.00%,
4/1/25 
350‌
402‌
Cobb
County
Kennestone
Hosp.
Auth.,
WellStar
Health,
RAC,
5.00%,
4/1/24 
85‌
90‌
Fulton
County
Dev.
Auth.,
WellStar
Health,
Series A,
RAC,
5.00%,
4/1/22 
700‌
711‌
Fulton
County
Dev.
Auth.,
WellStar
Health,
Series A,
RAC,
5.00%,
4/1/24 
500‌
553‌
Fulton
County
Dev.
Auth.,
WellStar
Health,
Series A,
RAC,
5.00%,
4/1/25 
400‌
459‌
Gainesville
&
Hall
County
Hosp.
Auth.,
Northeast
Georgia
Health
System,
Series A,
5.00%,
2/15/25 
245‌
280‌
Gainesville
&
Hall
County
Hosp.
Auth.,
Northeast
Georgia
Health
System,
Series B,
5.00%,
2/15/23 
500‌
529‌
Gainesville
&
Hall
County
Hosp.
Auth.,
Northeast
Georgia
Health
System,
Series B,
5.00%,
2/15/24 
750‌
826‌
Georgia,
Series C,
GO,
5.00%,
7/1/23 
3,600‌
3,871‌
Glynn-Brunswick
Memorial
Hosp.
Auth.,
Southeast
Georgia
Health,
RAC,
5.00%,
8/1/22 
1,220‌
1,257‌
Glynn-Brunswick
Memorial
Hosp.
Auth.,
Southeast
Georgia
Health,
RAC,
5.00%,
8/1/24 
4,535‌
5,067‌
Glynn-Brunswick
Memorial
Hosp.
Auth.,
Southeast
Georgia
Health,
RAC,
5.00%,
8/1/25 
4,760‌
5,502‌
Glynn-Brunswick
Memorial
Hosp.
Auth.,
Southeast
Georgia
Health,
RAC,
5.00%,
8/1/27 
1,500‌
1,726‌
LaGrange-Troup
County
Hosp.
Auth.,
WellStar
Health,
RAC,
5.00%,
4/1/22 
300‌
305‌
LaGrange-Troup
County
Hosp.
Auth.,
WellStar
Health,
RAC,
5.00%,
4/1/23 
325‌
345‌
LaGrange-Troup
County
Hosp.
Auth.,
WellStar
Health,
RAC,
5.00%,
4/1/25 
500‌
574‌
Main
Street
Natural
Gas,
Series A,
5.00%,
5/15/24 
500‌
552‌
Main
Street
Natural
Gas,
Series A,
VRDN,
4.00%,
7/1/52
(Tender
9/1/27) 
3,100‌
3,582‌
Main
Street
Natural
Gas,
Series E,
FRN,
100%
of
MUNIPSA
+
0.57%,
0.62%,
8/1/48
(Tender
12/1/23) 
5,000‌
5,046‌
Main
Street
Natural
Gas,
Georgia
Municipal
Gas
Auth.,
Series B,
VRDN,
4.00%,
8/1/49
(Tender
12/2/24) 
10,210‌
11,225‌
Main
Street
Natural
Gas,
Georgia
Municipal
Gas
Auth.,
Series C,
VRDN,
4.00%,
8/1/48
(Tender
12/1/23) 
6,050‌
6,448‌
Main
Street
Natural
Gas,
Georgia
Municipal
Gas
Auth.,
Series C,
VRDN,
4.00%,
3/1/50
(Tender
9/1/26) 
6,865‌
7,808‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
8
Par
$
Value
(Amounts
in
000s)
Main
Street
Natural
Gas,
Georgia
Municipal
Gas
Auth.,
Series C,
VRDN,
4.00%,
5/1/52
(Tender
12/1/28) 
2,525‌
2,979‌
Main
Street
Natural
Gas,
Georgia
Municipal
Gas
Auth.,
Series D,
FRN,
67%
of
1M
USD
LIBOR
+
0.83%,
0.888%,
8/1/48
(Tender
12/1/23) 
9,200‌
9,269‌
Municipal
Electric
Auth.
of
Georgia,
General
Power,
5.00%,
1/1/22 
375‌
376‌
Municipal
Electric
Auth.
of
Georgia,
General
Power,
5.00%,
1/1/23 
550‌
578‌
Municipal
Electric
Auth.
of
Georgia,
General
Power,
Series HH,
5.00%,
1/1/22 
2,085‌
2,093‌
Municipal
Electric
Auth.
of
Georgia,
General
Power,
Series HH,
5.00%,
1/1/23 
2,925‌
3,072‌
Municipal
Electric
Auth.
of
Georgia,
Project
1,
Series A,
5.00%,
1/1/22 
1,500‌
1,506‌
Municipal
Electric
Auth.
of
Georgia,
Project
1,
Series A,
5.00%,
1/1/23 
2,750‌
2,888‌
Municipal
Electric
Auth.
of
Georgia,
Project
1,
Series A,
5.00%,
1/1/28 
4,010‌
4,739‌
122,644‌
HAWAII
0.2%
Hawaii,
Series FT,
GO,
5.00%,
1/1/24 
4,000‌
4,389‌
4,389‌
ILLINOIS
4.1%
Chicago
Midway
Int'l.
Airport,
Series A,
5.00%,
1/1/25 (1)
2,470‌
2,695‌
Chicago
Midway
Int'l.
Airport,
Series B,
5.00%,
1/1/26 
1,000‌
1,050‌
Chicago
O'Hare
Int'l.
Airport,
Series A,
5.00%,
1/1/27 (1)
6,000‌
6,781‌
Chicago
O'Hare
Int'l.
Airport,
Series B,
5.00%,
1/1/23 
6,640‌
6,978‌
Chicago
O'Hare
Int'l.
Airport,
Series B,
5.00%,
1/1/26 
2,020‌
2,296‌
Chicago
O'Hare
Int'l.
Airport,
Series C,
5.00%,
1/1/22 
1,700‌
1,707‌
Chicago
Wastewater,
Series B,
5.00%,
1/1/22 
1,100‌
1,104‌
Chicago
Wastewater,
Series B,
5.00%,
1/1/23 
1,850‌
1,943‌
Chicago
Wastewater,
Series B,
5.00%,
1/1/24 
2,140‌
2,340‌
Chicago
Waterworks,
5.00%,
11/1/22 
1,000‌
1,043‌
Chicago
Waterworks,
5.00%,
11/1/23 
3,750‌
4,078‌
Chicago
Waterworks,
5.00%,
11/1/24 
3,850‌
4,337‌
Chicago
Waterworks,
Series A-1,
5.00%,
11/1/23 
1,300‌
1,414‌
Chicago
Waterworks,
Series A-1,
5.00%,
11/1/24 
460‌
518‌
Illinois,
GO,
5.00%,
2/1/25 
1,055‌
1,196‌
Illinois,
GO,
5.125%,
5/1/22 
900‌
918‌
Illinois,
Series A,
GO,
5.00%,
3/1/24 
995‌
1,093‌
Illinois,
Series A,
GO,
5.00%,
10/1/25 
705‌
815‌
Illinois,
Series A,
GO,
5.00%,
11/1/25 
3,825‌
4,432‌
Illinois,
Series B,
GO,
5.00%,
3/1/24 
1,325‌
1,456‌
Illinois,
Series B,
GO,
5.00%,
9/1/25 
5,020‌
5,791‌
Illinois,
Series B,
GO,
5.00%,
3/1/26 
1,675‌
1,957‌
Illinois,
Series B,
GO,
5.00%,
3/1/27 
2,975‌
3,556‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
9
Par
$
Value
(Amounts
in
000s)
Illinois,
Series D,
GO,
5.00%,
11/1/23 
2,230‌
2,420‌
Illinois,
Series D,
GO,
5.00%,
11/1/26 
7,500‌
8,899‌
Illinois
Fin.
Auth.,
Healthcare
System,
Series B-1,
VRDN,
5.00%,
5/15/50
(Tender
11/15/24) 
4,925‌
5,460‌
Illinois
Fin.
Auth.,
Healthcare
System,
Series B-2,
VRDN,
5.00%,
5/15/50
(Tender
11/15/26) 
4,680‌
5,532‌
Illinois
Fin.
Auth.,
Northshore
Univ.
Health,
5.00%,
8/15/23 
1,000‌
1,080‌
Illinois
Fin.
Auth.,
Northshore
Univ.
Health,
5.00%,
8/15/24 
1,000‌
1,123‌
Illinois
Fin.
Auth.,
Northshore
Univ.
Health,
5.00%,
8/15/25 
1,250‌
1,454‌
Railsplitter
Tobacco
Settlement
Auth.,
5.00%,
6/1/23 
1,945‌
2,078‌
87,544‌
INDIANA
0.4%
Indiana
Fin.
Auth.,
Methodist
Hosp.,
Series A,
5.00%,
9/15/22 
640‌
661‌
Indiana
Fin.
Auth.,
Methodist
Hosp.,
Series A,
5.00%,
9/15/23 
815‌
874‌
Indiana
Fin.
Auth.,
Methodist
Hosp.,
Series A,
5.00%,
9/15/24 
845‌
938‌
Indiana
Fin.
Auth.,
Parkview
Health
System,
Series B,
VRDN,
0.02%,
11/1/39 
6,840‌
6,840‌
9,313‌
IOWA
0.9%
Iowa
Fin.
Auth.,
Iowa
Fertilizer,
3.125%,
12/1/22 
410‌
416‌
Iowa
Fin.
Auth.,
Unity
Point
Health,
Series B,
5.00%,
2/15/22 
1,200‌
1,211‌
Iowa
Fin.
Auth.,
Unity
Point
Health,
Series B,
5.00%,
2/15/23 
1,000‌
1,057‌
PEFA,
VRDN,
5.00%,
9/1/49
(Tender
9/1/26) 
14,285‌
16,857‌
19,541‌
KANSAS
0.3%
Kansas
DFA,
Adventhealth
Obligated
Group,
Series B,
VRDN,
5.00%,
11/15/54
(Tender
11/15/31) 
5,000‌
6,692‌
Lenexa
City,
Lakeview
Village,
Health
Care
Fac.,
Series A,
5.00%,
5/15/23 
650‌
684‌
7,376‌
KENTUCKY
1.5%
Ashland
Medical
Center,
DBA
King's
Daughter,
Series 2019,
5.00%,
2/1/22 
500‌
504‌
Ashland
Medical
Center,
DBA
King's
Daughter,
Series 2019,
5.00%,
2/1/23 
625‌
657‌
Ashland
Medical
Center,
DBA
King's
Daughter,
Series 2019,
5.00%,
2/1/24 
575‌
629‌
Ashland
Medical
Center,
DBA
King's
Daughter,
Series 2019,
5.00%,
2/1/25 
610‌
691‌
Ashland
Medical
Center,
DBA
King's
Daughter,
Series 2019,
5.00%,
2/1/26 
550‌
643‌
Kentucky
Economic
DFA,
Owensboro
Medical
Health,
Series A,
5.00%,
6/1/22 
1,150‌
1,175‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
10
Par
$
Value
(Amounts
in
000s)
Kentucky
Economic
DFA,
Owensboro
Medical
Health,
Series A,
5.00%,
6/1/23 
2,000‌
2,129‌
Kentucky
Economic
DFA,
Owensboro
Medical
Health,
Series A,
5.00%,
6/1/24 
1,115‌
1,232‌
Kentucky
Economic
DFA,
Owensboro
Medical
Health,
Series A,
5.00%,
6/1/25 
1,400‌
1,599‌
Kentucky
Economic
DFA,
Owensboro
Medical
Health,
Series A,
5.00%,
6/1/26 
2,210‌
2,596‌
Kentucky
Public
Energy
Auth.,
Series A,
VRDN,
4.00%,
4/1/48
(Tender
4/1/24) 
2,500‌
2,683‌
Kentucky
Public
Energy
Auth.,
Series C,
VRDN,
4.00%,
2/1/50
(Tender
2/1/28) 
11,305‌
13,093‌
Russell,
Bon
Secours
Health
System,
5.00%,
11/1/22 (3)
3,555‌
3,707‌
31,338‌
LOUISIANA
0.4%
Louisiana
Offshore
Terminal
Auth.,
Loop
Project,
VRDN,
1.65%,
9/1/27
(Tender
12/1/23) 
1,750‌
1,786‌
Louisiana
Stadium
&
Exposition
Dist.,
BAN,
4.00%,
7/3/23 
1,040‌
1,086‌
New
Orleans
Aviation
Board,
Series B,
5.00%,
1/1/22 (1)
325‌
326‌
New
Orleans
Aviation
Board,
Series B,
5.00%,
1/1/23 (1)
450‌
473‌
New
Orleans
Aviation
Board,
Series B,
5.00%,
1/1/24 (1)
225‌
245‌
New
Orleans
Aviation
Board,
Series B,
5.00%,
1/1/25 (1)
250‌
283‌
Saint
John
the
Baptist
Parish,
Marathon
Oil,
Series A-2,
VRDN,
2.10%,
6/1/37
(Tender
7/1/24) 
2,000‌
2,065‌
Tobacco
Settlement
Fin.,
Series A,
5.00%,
5/15/22 
1,685‌
1,720‌
Tobacco
Settlement
Fin.,
Series A,
5.00%,
5/15/23 
1,000‌
1,068‌
9,052‌
MARYLAND
4.0%
Baltimore
City,
Convention
Center
Hotel,
5.00%,
9/1/22 
1,100‌
1,114‌
Baltimore
City,
Convention
Center
Hotel,
5.00%,
9/1/23 
500‌
515‌
Baltimore
City,
Convention
Center
Hotel,
5.00%,
9/1/24 
1,950‌
2,035‌
Baltimore
County,
Series B,
GO,
5.00%,
8/1/27 
5,675‌
6,366‌
Baltimore,
Convention
Center
Hotel,
5.00%,
9/1/25 
2,040‌
2,157‌
Gaithersburg,
Asbury
Maryland
Obligation
Group,
Series B,
5.00%,
1/1/27 
5,875‌
6,539‌
Howard
County,
Consolidated
Public
Improvement,
Series B,
GO,
5.00%,
2/15/23 
4,475‌
4,734‌
Maryland,
Series B,
GO,
5.00%,
8/1/24 
5,800‌
6,519‌
Maryland
DOT,
4.00%,
11/1/29 
1,235‌
1,359‌
Maryland
DOT,
Series B,
5.00%,
12/1/28 (2)
2,500‌
3,016‌
Maryland
DOT,
Series B,
5.00%,
12/1/29 (2)
2,375‌
2,919‌
Maryland
Economic
Dev.,
Potomac
Electric
Power,
1.70%,
9/1/22 
5,000‌
5,048‌
Maryland
Economic
Dev.,
Transportation
Fac.
Project,
Series A,
5.00%,
6/1/22 
395‌
403‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
11
Par
$
Value
(Amounts
in
000s)
Maryland
Economic
Dev.,
Transportation
Fac.
Project,
Series A,
5.00%,
6/1/23 
370‌
393‌
Maryland
HHEFA,
5.00%,
7/1/24 
400‌
445‌
Maryland
HHEFA,
Adventist
Healthcare,
Series A,
5.25%,
1/1/25 
1,000‌
1,141‌
Maryland
HHEFA,
Adventist
Healthcare,
Series A,
5.50%,
1/1/26 
1,230‌
1,462‌
Maryland
HHEFA,
Adventist
Healthcare,
Series A,
5.50%,
1/1/27 
2,500‌
3,062‌
Maryland
HHEFA,
LifeBridge
Health,
Carroll
Hosp.,
Series A,
5.00%,
7/1/25
(Prerefunded
7/1/22) (4)
500‌
514‌
Maryland
HHEFA,
LifeBridge
Health,
Carroll
Hosp.,
Series A,
5.00%,
7/1/27
(Prerefunded
7/1/22) (4)
500‌
514‌
Maryland
HHEFA,
Meritus
Medical
Center,
5.00%,
7/1/25 
2,000‌
2,315‌
Maryland
HHEFA,
Peninsula
Regional
Health
System,
5.00%,
7/1/23 
350‌
375‌
Maryland
HHEFA,
Peninsula
Regional
Health
System,
5.00%,
7/1/25 
665‌
764‌
Maryland
HHEFA,
Peninsula
Regional
Health
System,
5.00%,
7/1/26 
1,250‌
1,478‌
Maryland
HHEFA,
Univ.
of
Maryland
Medical
System,
Series B-1,
VRDN,
5.00%,
7/1/45
(Tender
7/1/25) 
2,530‌
2,864‌
Maryland
HHEFA,
Western
Maryland
Health,
5.00%,
7/1/22 (3)
2,615‌
2,687‌
Maryland
HHEFA,
Western
Maryland
Health,
5.00%,
7/1/23 (3)
9,000‌
9,661‌
Maryland
HHEFA,
Western
Maryland
Health,
5.00%,
7/1/24 (3)
795‌
888‌
Maryland
HHEFA,
Western
Maryland
Health,
5.25%,
7/1/26
(Prerefunded
7/1/24) (4)
1,535‌
1,725‌
Montgomery
County,
Series C,
GO,
5.00%,
10/1/24 
4,285‌
4,848‌
Prince
George's
County,
Consolidated
Public
Improvement,
Series A,
GO,
5.00%,
9/15/22 
5,000‌
5,190‌
Prince
George's
County,
Consolidated
Public
Improvement,
Series C,
GO,
5.00%,
8/1/23 
1,740‌
1,877‌
Washington
County,
Homewood
Maryland
Obligated
Group,
4.00%,
5/1/22 
500‌
505‌
Washington
County,
Homewood
Maryland
Obligated
Group,
4.00%,
5/1/24 
635‌
667‌
Washington
County,
Homewood
Maryland
Obligated
Group,
4.00%,
5/1/25 
665‌
708‌
86,807‌
MASSACHUSETTS
1.7%
Commonwealth
of
Massachusetts,
Series E,
GO,
5.00%,
9/1/25
(Prerefunded
9/1/22) (4)
7,390‌
7,659‌
Commonwealth
of
Massachusetts,
Series F,
GO,
5.00%,
11/1/25
(Prerefunded
11/1/22) (4)
10,000‌
10,444‌
Massachusetts,
Series C,
GO,
5.00%,
10/1/26 
9,060‌
10,951‌
Massachusetts
Ed.
Fin.
Auth.,
Series J,
5.00%,
7/1/22 (1)
2,000‌
2,055‌
Massachusetts
Ed.
Fin.
Auth.,
Series J,
5.00%,
7/1/23 (1)
2,000‌
2,142‌
Massachusetts
Ed.
Fin.
Auth.,
Series J,
5.00%,
7/1/24 (1)
2,000‌
2,201‌
35,452‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
12
Par
$
Value
(Amounts
in
000s)
MICHIGAN
2.7%
Detroit
City
School
Dist.,
Series C,
GO,
5.25%,
5/1/25 (6)
6,885‌
7,505‌
Detroit
Downtown
Dev.
Auth.,
Series A,
5.00%,
7/1/24 (7)
975‌
1,083‌
Great
Lakes
Water
Auth.,
Water
Supply
System,
Series A,
5.00%,
7/1/25 
1,500‌
1,729‌
Great
Lakes
Water
Auth.,
Water
Supply
System,
Series D,
5.00%,
7/1/31 
1,000‌
1,188‌
Great
Lakes
Water
Auth.,
Water
Supply
System,
Senior
Lien,
Series C,
5.00%,
7/1/23 
2,780‌
2,986‌
Great
Lakes
Water
Auth.,
Water
Supply
System,
Senior
Lien,
Series C,
5.00%,
7/1/27 
5,800‌
6,948‌
Michigan
Building
Auth.,
Series I,
5.00%,
4/15/22 
750‌
764‌
Michigan
Fin.
Auth.,
Great
Lakes
Water
Auth.,
Senior
Lien,
Series C-3,
5.00%,
7/1/29 (7)
2,500‌
2,790‌
Michigan
Fin.
Auth.,
Henry
Ford
Health
System,
5.00%,
11/15/22 
1,600‌
1,672‌
Michigan
Fin.
Auth.,
Local
Gov't.
Loan
Program,
Series D-2,
5.00%,
7/1/27 (7)
2,850‌
3,192‌
Michigan
Fin.
Auth.,
Local
Gov't.
Loan
Program,
Series D-4,
5.00%,
7/1/29 
1,500‌
1,670‌
Michigan
Fin.
Auth.,
Local
Gov't.
Loan
Program,
Great
Lakes,
Series C-2,
5.00%,
7/1/44
(Prerefunded
7/1/22) (1)(4)
1,000‌
1,027‌
Michigan
Fin.
Auth.,
Trinity
Health
Corp.,
5.00%,
12/1/22 
300‌
314‌
Michigan
Hosp.
Fin.
Auth.,
Trinity
Health
Credit
Group,
Series C,
5.00%,
12/1/21 
775‌
775‌
Michigan
Hosp.
Fin.
Auth.,
Trinity
Health
Credit
Group,
Series C,
5.00%,
12/1/22 
500‌
524‌
Michigan
Hosp.
Fin.
Auth.,
Trinity
Health
Credit
Group,
Series C,
5.00%,
12/1/23 
585‌
639‌
Michigan
Hosp.
Fin.
Auth.,
Trinity
Health
Credit
Group,
Series C,
5.00%,
12/1/24 
995‌
1,130‌
Michigan,
City
of
Detroit,
GO,
5.00%,
4/1/22 
850‌
861‌
Michigan,
City
of
Detroit,
GO,
5.00%,
4/1/23 
500‌
526‌
Michigan,
City
of
Detroit,
GO,
5.00%,
4/1/24 
900‌
979‌
Michigan,
City
of
Detroit,
GO,
5.00%,
4/1/25 
860‌
963‌
Wayne
County
Airport
Auth.,
Series A,
5.00%,
12/1/21 (1)
2,300‌
2,300‌
Wayne
County
Airport
Auth.,
Series A,
5.00%,
12/1/22 
2,220‌
2,327‌
Wayne
County
Airport
Auth.,
Series A,
5.00%,
12/1/23 
430‌
469‌
Wayne
County
Airport
Auth.,
Series A,
5.00%,
12/1/24 
780‌
883‌
Wayne
County
Airport
Auth.,
Series B,
5.00%,
12/1/21 (1)
1,185‌
1,185‌
Wayne
County
Airport
Auth.,
Series B,
5.00%,
12/1/22 (1)
1,215‌
1,272‌
Wayne
County
Airport
Auth.,
Series B,
5.00%,
12/1/23 (1)
2,195‌
2,390‌
Wayne
County
Airport
Auth.,
Series B,
5.00%,
12/1/24 (1)
2,385‌
2,692‌
Wayne
County
Airport
Auth.,
Series B,
5.00%,
12/1/25 (1)
2,405‌
2,803‌
Wayne
County
Airport
Auth.,
Series C,
5.00%,
12/1/22 
3,000‌
3,056‌
Wayne
County
Airport
Auth.,
Series G,
5.00%,
12/1/21 
50‌
50‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
13
Par
$
Value
(Amounts
in
000s)
Wayne
County
Airport
Auth.,
Series G,
5.00%,
12/1/27 
175‌
204‌
58,896‌
MINNESOTA
2.5%
Minnesota,
Series A,
GO,
5.00%,
8/1/23 
4,000‌
4,316‌
Minnesota,
Series A,
GO,
5.00%,
8/1/24 
5,000‌
5,613‌
Minnesota,
Series A,
GO,
5.00%,
9/1/24 
15,760‌
17,749‌
Minnesota,
Series A,
GO,
5.00%,
8/1/26 
5,320‌
6,395‌
Minnesota,
Series D,
GO,
5.00%,
10/1/24 
8,675‌
9,801‌
Minnesota,
Series D,
GO,
5.00%,
8/1/27 
7,875‌
9,163‌
53,037‌
MISSISSIPPI
0.1%
Mississippi
Business
Fin.,
VRDN,
0.07%,
5/1/28 (1)
2,500‌
2,500‌
2,500‌
MISSOURI
0.3%
Kansas
City
IDA,
Kansas
City
Int'l.
Airport,
5.00%,
3/1/25 (1)
1,500‌
1,705‌
Kansas
City
IDA,
Kansas
City
Int'l.
Airport,
5.00%,
3/1/25 
1,050‌
1,201‌
Missouri
HEFA,
SSM
Health
Care,
Series A,
5.00%,
6/1/26 
1,740‌
1,933‌
Saint
Louis
Airport,
Series B,
5.00%,
7/1/22 (1)(7)
450‌
462‌
Saint
Louis
Airport,
Series B,
5.00%,
7/1/23 (1)(7)
215‌
231‌
Saint
Louis
Airport,
Series B,
5.00%,
7/1/24 (1)(7)
840‌
934‌
Saint
Louis
Airport,
Series B,
5.00%,
7/1/25 (1)(7)
375‌
431‌
6,897‌
MONTANA
0.0%
Kalispell,
Immanuel
Lutheran,
Series A,
5.00%,
5/15/22 
685‌
695‌
695‌
NEBRASKA
1.3%
Central
Plains
Energy,
4.00%,
8/1/25 
1,550‌
1,737‌
Central
Plains
Energy,
Nebraska
Gas,
VRDN,
4.00%,
12/1/49
(Tender
8/1/25) 
11,175‌
12,493‌
Central
Plains
Energy,
Project
No.
3,
5.00%,
9/1/32
(Prerefunded
9/1/22) (4)
3,000‌
3,104‌
Central
Plains
Energy,
Project
No.
3,
5.00%,
9/1/42
(Prerefunded
9/1/22) (4)
4,070‌
4,211‌
Central
Plains
Energy,
Project
No.
4,
VRDN,
5.00%,
3/1/50
(Tender
1/1/24) 
5,700‌
6,186‌
27,731‌
NEVADA
1.1%
Clark
County
Dept.
of
Aviation,
Airport
Improvement,
Series B,
5.00%,
7/1/26 (1)
3,000‌
3,554‌
Clark
County
Dept.
of
Aviation,
Airport
Improvement,
Series B,
5.00%,
7/1/27 (1)
7,000‌
8,498‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
14
Par
$
Value
(Amounts
in
000s)
Clark
County
Dept.
of
Aviation,
Airport
Improvement,
Las
Vegas-
McCarran
Int'l.,
Series A-1,
5.00%,
7/1/22 (1)
1,735‌
1,782‌
Clark
County
School
Dist.,
Series A,
GO,
3.00%,
6/15/23 (7)
450‌
469‌
Clark
County
School
Dist.,
Series A,
GO,
3.00%,
6/15/24 (7)
405‌
431‌
Clark
County
School
Dist.,
Series A,
GO,
3.00%,
6/15/25 (7)
650‌
706‌
Clark
County
School
Dist.,
Series A,
GO,
5.00%,
6/15/26 (7)
500‌
596‌
Clark
County,
Transportation
Improvement,
Series B,
GO,
5.00%,
12/1/22 
6,495‌
6,807‌
22,843‌
NEW
JERSEY
2.8%
New
Jersey,
Series T,
GO,
5.00%,
6/1/22 
1,205‌
1,233‌
New
Jersey
Economic
Dev.
Auth.,
The
Goethals,
5.00%,
7/1/22 (1)
1,650‌
1,695‌
New
Jersey
HCFFA,
AHS
Hosp.,
5.00%,
7/1/23 
275‌
296‌
New
Jersey
HCFFA,
Barnabas
Health,
Series A,
5.00%,
7/1/25
(Prerefunded
7/1/22) (4)
5,500‌
5,653‌
New
Jersey
HCFFA,
Virtua
Health,
5.00%,
7/1/25 
1,500‌
1,638‌
New
Jersey
Transportation
Trust
Fund
Auth.,
Series A,
5.00%,
6/15/30 
2,070‌
2,428‌
New
Jersey
Transportation
Trust
Fund
Auth.,
Series A,
5.00%,
6/15/31 
8,000‌
10,436‌
New
Jersey
Transportation
Trust
Fund
Auth.,
Federal
Highway
Reimbursement,
Series A,
5.00%,
6/15/24 
3,085‌
3,431‌
New
Jersey
Transportation
Trust
Fund
Auth.,
Transportation
System,
Series A,
5.00%,
12/15/24 
1,975‌
2,231‌
New
Jersey
Transportation
Trust
Fund
Auth.,
Transportation
System,
Series A,
5.00%,
12/15/26 
2,000‌
2,402‌
New
Jersey
Transportation
Trust
Fund
Auth.,
Transportation
System,
Series D,
5.00%,
12/15/24 
1,125‌
1,271‌
New
Jersey
Turnpike
Auth.,
Series A,
5.00%,
1/1/27 
120‌
133‌
New
Jersey,
COVID-19
Emergency
Bonds,
Series A,
GO,
5.00%,
6/1/24 
9,465‌
10,527‌
New
Jersey,
COVID-19
Emergency
Bonds,
Series A,
GO,
5.00%,
6/1/25 
13,505‌
15,558‌
Tobacco
Settlement
Fin.,
Series A,
5.00%,
6/1/22 
1,760‌
1,801‌
60,733‌
NEW
MEXICO
0.4%
Farmington
PCR,
Public
Services
of
New
Mexico,
San
Juan
Project,
Series D,
VRDN,
1.10%,
6/1/40
(Tender
6/1/23) 
2,750‌
2,774‌
New
Mexico
Hosp.
Equipment
Loan
Council,
Series B,
VRDN,
5.00%,
8/1/49
(Tender
8/1/25) 
4,850‌
5,599‌
8,373‌
NEW
YORK
10.6%
Brooklyn
Arena
Local
Dev.,
Barclays
Center,
Series A,
5.00%,
7/15/22 
975‌
1,002‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
15
Par
$
Value
(Amounts
in
000s)
Brooklyn
Arena
Local
Dev.,
Barclays
Center,
Series A,
5.00%,
7/15/23 
1,250‌
1,340‌
Brooklyn
Arena
Local
Dev.,
Barclays
Center,
Series A,
5.00%,
7/15/24 
3,000‌
3,341‌
Dormitory
Auth.
of
the
State
of
New
York,
Series A,
4.00%,
10/1/24 (7)
3,260‌
3,586‌
Dormitory
Auth.
of
the
State
of
New
York,
Series A,
5.00%,
12/15/23 
1,625‌
1,706‌
Dormitory
Auth.
of
the
State
of
New
York,
Series A,
5.00%,
12/15/23
(Prerefunded
12/15/22) (4)
1,940‌
2,036‌
Dormitory
Auth.
of
the
State
of
New
York,
Series A,
5.00%,
10/1/24 
3,050‌
3,437‌
Dormitory
Auth.
of
the
State
of
New
York,
Bidding
Group,
Series C,
5.00%,
3/15/24 (3)
5‌
5‌
Dormitory
Auth.
of
the
State
of
New
York,
Bidding
Group
2,
Unrefunded
Balance,
Series C,
5.00%,
3/15/24 
9,795‌
10,842‌
Dormitory
Auth.
of
the
State
of
New
York,
Orange
Regional
Medical
Center,
4.00%,
12/1/21 (8)
1,500‌
1,500‌
Dormitory
Auth.
of
the
State
of
New
York,
Orange
Regional
Medical
Center,
5.00%,
12/1/25 (8)
1,000‌
1,137‌
Dormitory
Auth.
of
the
State
of
New
York,
Orange
Regional
Medical
Center,
5.00%,
12/1/26 (8)
1,300‌
1,561‌
Dormitory
Auth.
of
the
State
of
New
York,
Personal
Income
Tax
General
Purpose
Bond,
Series B,
5.00%,
2/15/28 
7,350‌
9,106‌
Dormitory
Auth.
of
the
State
of
New
York,
Personal
Income
Tax
General
Purpose
Bond,
Series B,
5.00%,
2/15/29 
9,855‌
12,157‌
Dormitory
Auth.
of
the
State
of
New
York,
Sales
Tax,
Series A,
5.00%,
3/15/28 
6,985‌
8,539‌
Long
Island
Power
Auth.,
Series B,
VRDN,
1.50%,
9/1/51
(Tender
9/1/26) 
1,250‌
1,282‌
Metropolitan
Transportation
Auth.,
Series B-1,
BAN,
5.00%,
5/15/22 
8,185‌
8,358‌
Metropolitan
Transportation
Auth.,
Series D-1,
BAN,
5.00%,
9/1/22 
14,780‌
15,293‌
Nassau
County
Local
Economic
Assistance,
Winthrop
Univ.
Hosp.,
5.00%,
7/1/22 
1,000‌
1,027‌
New
York
City,
Series 1,
GO,
5.00%,
8/1/25 
5,400‌
6,283‌
New
York
City,
Series B,
GO,
5.00%,
8/1/23 
6,370‌
6,873‌
New
York
City,
Series C,
GO,
5.00%,
8/1/22 
8,755‌
9,037‌
New
York
City,
Series C,
GO,
5.00%,
8/1/23 
10,000‌
10,790‌
New
York
City,
Series D,
GO,
5.00%,
8/1/24 
13,145‌
13,865‌
New
York
City,
Series D,
GO,
5.00%,
8/1/28 
6,085‌
6,416‌
New
York
City
IDA,
Series A,
5.00%,
1/1/24 (7)
1,250‌
1,369‌
New
York
City
IDA,
Series A,
5.00%,
1/1/25 (7)
2,000‌
2,274‌
New
York
City
IDA,
Yankee
Stadium
Project,
5.00%,
3/1/28 (7)
1,315‌
1,628‌
New
York
City
Transitional
Fin.
Auth.,
Future
Tax
Secured,
Series A,
5.00%,
11/1/31 
4,550‌
5,997‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
16
Par
$
Value
(Amounts
in
000s)
New
York
City
Transitional
Fin.
Auth.,
Future
Tax
Secured,
Series F-1,
5.00%,
5/1/22 
15‌
15‌
New
York
City
Water
&
Sewer
System,
5.00%,
6/15/25 
1,535‌
1,779‌
New
York
State
Transportation
Dev.,
Delta
Airlines,
5.00%,
1/1/22 (1)
2,520‌
2,529‌
New
York
State
Urban
Dev.,
Personal
Income
Tax,
Series A,
5.00%,
3/15/23 
7,100‌
7,538‌
New
York
State
Urban
Dev.,
Personal
Income
Tax,
Series A,
5.00%,
3/15/24 
3,275‌
3,618‌
New
York
Transportation
Dev.,
American
Airlines,
5.00%,
8/1/26 (1)
2,020‌
2,025‌
New
York
Transportation
Dev.,
JFK
Int'l.
Airport,
5.00%,
12/1/23 
1,000‌
1,086‌
New
York
Transportation
Dev.,
Terminal
One
Group,
5.00%,
1/1/23 (1)
4,055‌
4,239‌
Port
Auth.
of
New
York
&
New
Jersey,
5.00%,
9/15/24 (1)
3,000‌
3,369‌
Port
Auth.
of
New
York
&
New
Jersey,
Series 178,
5.00%,
12/1/25 (1)
5,000‌
5,437‌
Port
Auth.
of
New
York
&
New
Jersey,
Series 178,
5.00%,
12/1/30 (1)
9,920‌
10,762‌
Port
Auth.
of
New
York
&
New
Jersey,
Series 185,
5.00%,
9/1/25 (1)
2,000‌
2,228‌
Port
Auth.
of
New
York
&
New
Jersey,
Series 186,
5.00%,
10/15/22 (1)
6,850‌
7,130‌
Port
Auth.
of
New
York
&
New
Jersey,
Series 207,
5.00%,
9/15/26 (1)
10,030‌
11,981‌
Sales
Tax
Asset
Receivable,
Series A,
5.00%,
10/15/22 (3)
3,310‌
3,449‌
Sales
Tax
Asset
Receivable,
Series A,
5.00%,
10/15/30
(Prerefunded
10/15/24) (4)
2,000‌
2,266‌
Triborough
Bridge
&
Tunnel
Auth.,
Series B-4,
FRN,
67%
of
SOFR
+
0.38%,
0.414%,
1/1/32
(Tender
2/1/24) 
6,375‌
6,381‌
227,619‌
NORTH
CAROLINA
3.3%
Charlotte-Mecklenburg
Hosp.
Auth.,
Series C,
VRDN,
0.04%,
1/15/37 
11,300‌
11,300‌
North
Carolina
Eastern
Municipal
Power
Agency,
Series D,
5.00%,
1/1/23
(Prerefunded
7/1/22) (4)
10,430‌
10,724‌
North
Carolina
Medical
Care
Commission,
3.00%,
3/1/23 
150‌
154‌
North
Carolina
Medical
Care
Commission,
4.00%,
3/1/24 
220‌
233‌
North
Carolina
Medical
Care
Commission,
4.00%,
3/1/25 
265‌
287‌
North
Carolina
Medical
Care
Commission,
5.00%,
3/1/26 
245‌
279‌
North
Carolina
Medical
Care
Commission,
5.00%,
3/1/27 
290‌
337‌
North
Carolina
Medical
Care
Commission,
Cape
Fear
Valley
Health
System,
Series A,
5.00%,
10/1/23
(Prerefunded
10/1/22) (4)
9,785‌
10,177‌
North
Carolina
Medical
Care
Commission,
Retirement
Fac.
First
Meeting,
4.00%,
1/1/25 
250‌
264‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
17
Par
$
Value
(Amounts
in
000s)
North
Carolina
Medical
Care
Commission,
Southminster,
5.00%,
10/1/22 
215‌
221‌
North
Carolina
Medical
Care
Commission,
Southminster,
5.00%,
10/1/23 
150‌
159‌
North
Carolina
Medical
Care
Commission,
Southminster,
5.00%,
10/1/24 
180‌
196‌
North
Carolina
Medical
Care
Commission,
Southminster,
5.00%,
10/1/25 
125‌
138‌
North
Carolina
Medical
Care
Commission,
United
Methodist
Retirement
Home,
Series A,
5.00%,
10/1/22 
350‌
363‌
North
Carolina
Medical
Care
Commission,
United
Methodist
Retirement
Home,
Series A,
5.00%,
10/1/23 
400‌
432‌
North
Carolina
Medical
Care
Commission,
United
Methodist
Retirement
Home,
Series A,
5.00%,
10/1/24 
950‌
1,053‌
North
Carolina
Medical
Care
Commission,
United
Methodist
Retirement
Home,
Series A,
5.00%,
10/1/26 
750‌
827‌
North
Carolina
Medical
Care
Commission,
United
Methodist
Retirement
Home,
Series A,
5.00%,
10/1/27 
175‌
193‌
North
Carolina
Medical
Care
Commission,
Vidant
Health,
5.00%,
6/1/28
(Prerefunded
6/1/25) (4)
1,575‌
1,821‌
North
Carolina
Medical
Care
Commission,
Wake
Forest
Baptist,
Series B,
5.00%,
12/1/23 
2,000‌
2,090‌
North
Carolina
Medical
Care
Commission,
Wake
Forest
Baptist,
Series B,
5.00%,
12/1/27 
1,125‌
1,174‌
North
Carolina
Municipal
Power
Agency
#1,
Catawba
Electric,
Series E,
5.00%,
1/1/23 
1,500‌
1,577‌
North
Carolina
Turnpike
Auth.,
5.00%,
1/1/24 (7)
1,180‌
1,289‌
North
Carolina
Turnpike
Auth.,
BAN,
5.00%,
2/1/24 
10,400‌
11,359‌
Wake
County,
GO,
5.00%,
4/1/25 
6,255‌
7,210‌
Wake
County,
Series A,
5.00%,
12/1/29 
1,150‌
1,391‌
Wake
County,
Series C,
GO,
5.00%,
3/1/23 
6,155‌
6,524‌
71,772‌
OHIO
0.8%
Allen
County
Hosp.
Fac.,
Series A,
5.00%,
8/1/26 
4,420‌
5,286‌
Cleveland
Airport
System,
Series B,
5.00%,
1/1/22 (1)
900‌
904‌
Cleveland
Airport
System,
Series B,
5.00%,
1/1/23 (1)
1,200‌
1,260‌
Cleveland
Airport
System,
Series B,
5.00%,
1/1/24 (1)
1,200‌
1,310‌
Cleveland
Airport
System
Revenue,
Series B,
5.00%,
1/1/24 (7)
2,380‌
2,607‌
Columbus,
Series A,
GO,
5.00%,
4/1/24 
1,810‌
2,007‌
Columbus,
Series A,
GO,
5.00%,
4/1/25 
3,445‌
3,965‌
Hamilton
County,
Life
Enriching
Community,
5.00%,
1/1/22 
100‌
100‌
Hamilton
County,
Life
Enriching
Community,
5.00%,
1/1/23 
100‌
104‌
Hamilton
County,
Life
Enriching
Community,
5.00%,
1/1/24 
150‌
162‌
Hamilton
County,
Life
Enriching
Community,
5.00%,
1/1/25 
200‌
223‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
18
Par
$
Value
(Amounts
in
000s)
Hamilton
County,
Life
Enriching
Community,
5.00%,
1/1/26 
150‌
172‌
18,100‌
OKLAHOMA
0.3%
Grand
River
Dam
Auth.,
Series A,
5.00%,
6/1/23 
2,000‌
2,139‌
Norman
Regional
Hosp.
Auth.,
5.00%,
9/1/22 
2,060‌
2,131‌
Oklahoma
Turnpike
Auth.,
Series A,
5.00%,
1/1/24 
2,375‌
2,606‌
Oklahoma
Turnpike
Auth.,
Series A,
5.00%,
1/1/25 
450‌
514‌
7,390‌
OREGON
0.4%
Multnomah
County
School
Dist.
No.
1,
GO,
5.00%,
6/15/24 
8,250‌
9,213‌
9,213‌
PENNSYLVANIA
3.7%
Allegheny
County
Hosp.
Dev.
Auth.,
Univ.
of
Pittsburgh
Medical
Center,
Series A,
5.00%,
7/15/22 
1,050‌
1,081‌
Allentown
Neighborhood
Improvement
Zone
Dev.
Auth.,
5.00%,
5/1/24 (2)
200‌
218‌
Allentown
Neighborhood
Improvement
Zone
Dev.
Auth.,
5.00%,
5/1/25 (2)
500‌
560‌
Allentown
Neighborhood
Improvement
Zone
Dev.
Auth.,
5.00%,
5/1/26 (2)
550‌
631‌
Bucks
County
IDA,
5.00%,
7/1/25 
350‌
395‌
Bucks
County
IDA,
5.00%,
7/1/26 
450‌
521‌
Bucks
County
IDA,
5.00%,
7/1/27 
475‌
563‌
Butler
County
Hosp.
Auth.,
5.00%,
7/1/22 
405‌
416‌
Butler
County
Hosp.
Auth.,
5.00%,
7/1/23 
355‌
380‌
Butler
County
Hosp.
Auth.,
5.00%,
7/1/24 
2,275‌
2,529‌
Butler
County
Hosp.
Auth.,
5.00%,
7/1/25 
705‌
811‌
Butler
County
Hosp.
Auth.,
5.00%,
7/1/26 
450‌
517‌
Butler
County
Hosp.
Auth.,
5.00%,
7/1/27 
585‌
670‌
Commonwealth
Fin.
Auth.,
Tobacco
Settlement,
5.00%,
6/1/22 
1,030‌
1,054‌
Commonwealth
Fin.
Auth.,
Tobacco
Settlement,
5.00%,
6/1/23 
1,000‌
1,069‌
Commonwealth
Fin.
Auth.,
Tobacco
Settlement,
5.00%,
6/1/24 
2,280‌
2,534‌
Delaware
River
Port
Auth.,
Series B,
5.00%,
1/1/23 
2,930‌
3,081‌
Lehigh,
Lehigh
Valley
Health
Network,
5.00%,
7/1/22 
1,300‌
1,336‌
Lehigh,
Lehigh
Valley
Health
Network,
5.00%,
7/1/23 
1,300‌
1,397‌
Lehigh,
Lehigh
Valley
Health
Network,
5.00%,
7/1/24 
1,700‌
1,897‌
Northampton
County
General
Purpose
Auth.,
Saint
Luke's
Health
Univ.,
FRN,
70%
of
1M
USD
LIBOR
+
1.04%,
1.105%,
8/15/48
(Tender
8/15/24) 
4,900‌
4,945‌
Pennsylvania,
GO,
5.00%,
9/15/22 
10,250‌
10,639‌
Pennsylvania,
GO,
5.00%,
9/15/25 (7)
715‌
837‌
Pennsylvania
Turnpike
Commission,
Series A,
5.00%,
12/1/30 
2,000‌
2,328‌
Philadelphia,
Series A,
GO,
5.00%,
8/1/22 
1,660‌
1,713‌
Philadelphia,
Series A,
GO,
5.00%,
8/1/23 
1,270‌
1,370‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
19
Par
$
Value
(Amounts
in
000s)
Philadelphia
Airport,
Series A,
5.00%,
7/1/26 
1,160‌
1,382‌
Philadelphia
Airport,
Series A,
5.00%,
7/1/27 
1,400‌
1,715‌
Philadelphia
Airport,
Series A,
5.00%,
7/1/28 
1,750‌
2,189‌
Philadelphia
Airport,
Series C,
5.00%,
7/1/25 (1)
12,465‌
14,342‌
Philadelphia
Airport,
Series C,
5.00%,
7/1/26 (1)
1,080‌
1,278‌
Philadelphia
Airport,
Series C,
5.00%,
7/1/27 (1)
1,135‌
1,376‌
Philadelphia
Airport,
Series C,
5.00%,
7/1/28 (1)
2,970‌
3,673‌
Philadelphia
HHEFA,
Temple
Univ.
Health
System,
5.00%,
7/1/22 
1,175‌
1,205‌
Philadelphia
HHEFA,
Temple
Univ.
Health
System,
5.00%,
7/1/23 
1,175‌
1,256‌
Southeastern
Pennsylvania
Transportation
Auth.,
5.00%,
6/1/23 
750‌
803‌
Southeastern
Pennsylvania
Transportation
Auth.,
5.00%,
6/1/24 
750‌
834‌
Southeastern
Pennsylvania
Transportation
Auth.,
5.00%,
6/1/25 
1,000‌
1,153‌
Southeastern
Pennsylvania
Transportation
Auth.,
5.00%,
6/1/26 
1,605‌
1,909‌
State
Public
School
Building
Auth.,
Philadelphia
School
Dist.,
Series A,
5.00%,
6/1/33 (7)
2,500‌
2,985‌
79,592‌
PUERTO
RICO
1.5%
Puerto
Rico
Ind.
Tourist
Ed.
Medical
&
Environmental
Control
Fac.
Fin.
Auth.,
5.00%,
7/1/27 
450‌
541‌
Puerto
Rico
Ind.
Tourist
Ed.
Medical
&
Environmental
Control
Fac.
Fin.
Auth.,
5.00%,
7/1/29 
850‌
1,058‌
Puerto
Rico
Sales
Tax
Fin.,
Restructured,
Series A-1,
4.50%,
7/1/34 
13,854‌
15,122‌
Puerto
Rico
Sales
Tax
Fin.,
Restructured,
Series A-1,
Zero
Coupon,
7/1/27 
9,628‌
8,799‌
Puerto
Rico
Sales
Tax
Fin.,
Restructured,
Series A-1,
Zero
Coupon,
7/1/31 
7,000‌
5,616‌
31,136‌
RHODE
ISLAND
0.2%
Rhode
Island
Health
&
Ed.
Building,
Care
New
England,
Series B,
5.00%,
9/1/22 
550‌
566‌
Rhode
Island
Health
&
Ed.
Building,
Care
New
England,
Series B,
5.00%,
9/1/23 
550‌
585‌
Rhode
Island
Health
&
Ed.
Building,
Care
New
England,
Series B,
5.00%,
9/1/24 
1,290‌
1,417‌
Rhode
Island
Health
&
Ed.
Building,
Care
New
England,
Series B,
5.00%,
9/1/25 
415‌
468‌
Rhode
Island
Health
&
Ed.
Building,
Care
New
England,
Series B,
5.00%,
9/1/26 
450‌
520‌
3,556‌
SOUTH
CAROLINA
1.9%
Patriots
Energy
Group
Fin.
Agency,
Series A,
VRDN,
4.00%,
10/1/48
(Tender
2/1/24) 
15,755‌
16,868‌
Piedmont
Municipal
Power
Agency,
Series A,
5.00%,
1/1/23 
2,080‌
2,186‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
20
Par
$
Value
(Amounts
in
000s)
South
Carolina
Jobs
Economic
Dev.
Auth.,
Bon
Secours
Health
System,
5.00%,
11/1/24
(Prerefunded
11/1/22) (4)
3,000‌
3,131‌
South
Carolina
Jobs
Economic
Dev.
Auth.,
Bon
Secours
Health
System,
VRDN,
5.00%,
12/1/48
(Tender
10/1/25) 
4,575‌
5,326‌
South
Carolina
Jobs-Economic
Dev.
Auth.,
Prisma
Health
Obligated
Group,
Series A,
5.00%,
5/1/30 
1,140‌
1,398‌
South
Carolina
Ports
Auth.,
5.00%,
7/1/23 (1)
2,555‌
2,734‌
South
Carolina
Ports
Auth.,
5.00%,
7/1/24 (1)
850‌
946‌
South
Carolina
Ports
Auth.,
5.00%,
7/1/25 (1)
1,190‌
1,370‌
South
Carolina
Ports
Auth.,
5.25%,
7/1/55
(Prerefunded
7/1/25) (1)(4)
3,240‌
3,780‌
Spartanburg
Regional
Health
Services
Dist.,
5.00%,
4/15/29 (2)
1,700‌
2,127‌
39,866‌
SOUTH
DAKOTA
0.1%
South
Dakota
HEFA,
Sanford
Obligated
Group,
5.00%,
11/1/29 
1,000‌
1,156‌
1,156‌
TENNESSEE
2.9%
Chattanooga
Health
Ed.
&
Housing
Fac.
Board,
Student
Housing
-
CDFI
Phase
I,
CDFI,
5.00%,
10/1/22 
1,045‌
1,082‌
Chattanooga
Health
Ed.
&
Housing
Fac.
Board,
Student
Housing
-
CDFI
Phase
I,
CDFI,
5.00%,
10/1/23 
650‌
699‌
Greeneville
Health
&
Ed.
Fac.
Board,
Ballad
Health
Obligated
Group,
5.00%,
7/1/22 
3,250‌
3,339‌
Greeneville
Health
&
Ed.
Fac.
Board,
Ballad
Health
Obligated
Group,
5.00%,
7/1/23 
4,200‌
4,507‌
Greeneville
Health
&
Ed.
Fac.
Board,
Ballad
Health
Obligated
Group,
5.00%,
7/1/24 
3,025‌
3,240‌
Greeneville
Health
&
Ed.
Fac.
Board,
Ballad
Health
Obligated
Group,
5.00%,
7/1/29 
1,000‌
1,234‌
Greeneville
Health
&
Ed.
Fac.
Board,
Ballad
Health
Obligation
Group,
5.00%,
7/1/25 
1,000‌
1,070‌
Greeneville
Health
&
Ed.
Fac.
Board,
Ballad
Health
Obligation
Group,
5.00%,
7/1/31 
1,600‌
1,709‌
Memphis-Shelby
County
Airport
Auth.,
Series B,
5.00%,
7/1/24 (1)
3,330‌
3,703‌
Metropolitan
Gov't.
of
Nashville
&
Davidson
County,
Improvement,
GO,
5.00%,
7/1/24 
17,760‌
19,868‌
Metropolitan
Gov't.
of
Nashville
&
Davidson
County,
Unrefunded
Balance,
GO,
5.00%,
7/1/23
(Prerefunded
7/1/22) (4)
5,065‌
5,207‌
Metropolitan
Nashville
Airport,
Series B,
5.00%,
7/1/25 (1)
515‌
593‌
Metropolitan
Nashville
Airport,
Series B,
5.00%,
7/1/26 (1)
1,695‌
2,006‌
Tennergy,
Series A,
VRDN,
5.00%,
2/1/50
(Tender
10/1/24) 
5,000‌
5,602‌
Tennessee
Energy
Acquisition,
VRDN,
4.00%,
11/1/49
(Tender
11/1/25) 
1,615‌
1,799‌
Tennessee
Energy
Acquisition,
Series A,
5.25%,
9/1/22 
245‌
254‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
21
Par
$
Value
(Amounts
in
000s)
Tennessee
Energy
Acquisition,
Series A,
VRDN,
4.00%,
5/1/48
(Tender
5/1/23) 
1,045‌
1,093‌
Tennessee
Energy
Acquisition,
Series A,
VRDN,
5.00%,
5/1/52
(Tender
11/1/31) 
2,630‌
3,401‌
Tennessee
Energy
Acquisition,
Series C,
5.00%,
2/1/23 
1,410‌
1,484‌
Tennessee
Energy
Acquisition,
Goldman
Sachs,
Series C,
5.00%,
2/1/24 
175‌
191‌
62,081‌
TEXAS
12.0%
Austin
Airport
System,
5.00%,
11/15/23 (1)
5,000‌
5,453‌
Austin
Airport
System,
5.00%,
11/15/27 (1)
1,780‌
2,000‌
Austin
Airport
System,
Series A,
5.00%,
11/15/26 
545‌
657‌
Austin
Airport
System,
Series B,
5.00%,
11/15/22 (1)
620‌
648‌
Austin
Airport
System,
Series B,
5.00%,
11/15/23 (1)
715‌
780‌
Austin
Airport
System,
Series B,
5.00%,
11/15/29 (1)
1,200‌
1,430‌
Austin
Convention
Enterprises,
First
Tier
Convention
Center,
Series A,
5.00%,
1/1/26 
1,450‌
1,627‌
Austin
Convention
Enterprises,
First
Tier
Convention
Center,
Series A,
5.00%,
1/1/27 
1,655‌
1,896‌
Austin
Water
&
Wastewater
System,
5.00%,
11/15/32 
2,095‌
2,520‌
Central
Texas
Regional
Mobility
Auth.,
5.00%,
1/1/24 
1,025‌
1,118‌
Central
Texas
Regional
Mobility
Auth.,
5.00%,
1/1/25 
1,195‌
1,351‌
Central
Texas
Regional
Mobility
Auth.,
5.00%,
1/1/26 
1,620‌
1,890‌
Central
Texas
Regional
Mobility
Auth.,
5.00%,
1/1/28 
1,700‌
1,969‌
Central
Texas
Regional
Mobility
Auth.,
Series A,
5.00%,
1/1/40
(Prerefunded
7/1/25) (4)
4,490‌
5,201‌
Central
Texas
Regional
Mobility
Auth.,
Series A,
5.00%,
1/1/45
(Prerefunded
7/1/25) (4)
1,475‌
1,708‌
Central
Texas
Regional
Mobility
Auth.,
Series C,
5.00%,
1/1/27 
14,845‌
17,279‌
Clifton
Higher
Ed.
Fin.,
Int'l.
Leadership,
Series D,
5.00%,
8/15/22 
1,000‌
1,032‌
Clifton
Higher
Ed.
Fin.,
Int'l.
Leadership,
Series D,
5.00%,
8/15/23 
1,505‌
1,619‌
Clifton
Higher
Ed.
Fin.,
Int'l.
Leadership,
Series D,
5.00%,
8/15/24 
3,120‌
3,478‌
Dallas
Hotel
Occupancy
Tax
Revenue,
4.00%,
8/15/27 
2,000‌
2,289‌
Dallas
Hotel
Occupancy
Tax
Revenue,
4.00%,
8/15/28 
2,000‌
2,279‌
Dallas
Independent
School
Dist.,
Series A,
GO,
5.00%,
2/15/23 
8,615‌
9,112‌
Dallas/Fort
Worth
Int'l.
Airport,
Series B,
5.00%,
11/1/22 (1)
1,785‌
1,862‌
Dallas/Fort
Worth
Int'l.
Airport,
Series B,
5.00%,
11/1/26 
205‌
214‌
Energy
Acquisition
Public
Fac.,
5.50%,
8/1/22 
75‌
77‌
Grand
Parkway
Transportation,
BAN,
5.00%,
2/1/23 
8,320‌
8,761‌
Harris
County
Cultural
Ed.
Fac.
Fin.,
5.00%,
6/1/23 
1,385‌
1,483‌
Harris
County
Cultural
Ed.
Fac.
Fin.,
Memorial
Hermann
Health,
5.00%,
12/1/26 
1,755‌
2,119‌
Harris
County
Cultural
Ed.
Fac.
Fin.,
Memorial
Hermann
Health,
Series A,
5.00%,
12/1/24 
1,865‌
1,953‌
Harris
County
Cultural
Ed.
Fac.
Fin.,
Memorial
Hermann
Health,
Series A,
5.00%,
12/1/25
(Prerefunded
12/1/22) (4)
2,780‌
2,914‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
22
Par
$
Value
(Amounts
in
000s)
Harris
County
Cultural
Ed.
Fac.
Fin.,
Memorial
Hermann
Health
Sys.,
VRDN,
5.00%,
7/1/49
(Tender
12/1/22) 
1,850‌
1,932‌
Harris
County
Cultural
Ed.
Fac.
Fin.,
Memorial
Hermann
Health
Sys.,
VRDN,
5.00%,
7/1/49
(Tender
12/1/24) 
1,880‌
2,126‌
Harris
County
Cultural
Ed.
Fac.
Fin.,
Texas
Children's
Hosp.,
5.00%,
10/1/28 
3,110‌
3,584‌
Harris
County
Cultural
Ed.
Fac.
Fin.,
Texas
Children's
Hosp.,
VRDN,
5.00%,
10/1/41
(Tender
10/1/24) 
4,000‌
4,510‌
Harris
County
Metropolitan
Transit
Auth.,
Sales
&
Use
Tax,
Series B,
5.00%,
11/1/22 
11,100‌
11,588‌
Houston
Airport
System,
Series A,
5.00%,
7/1/23 (1)
825‌
886‌
Houston
Airport
System,
Series A,
5.00%,
7/1/25 (1)
1,250‌
1,438‌
Houston
Airport
System,
Series A,
5.00%,
7/1/26 (1)
1,250‌
1,481‌
Houston
Airport
System,
Series A,
5.00%,
7/1/27 (1)
1,000‌
1,214‌
Houston
Airport
System,
Series A,
5.00%,
7/1/28 (1)
1,000‌
1,242‌
Houston
Combined
Utility
System,
Series B,
5.00%,
11/15/22 
800‌
836‌
Houston
Combined
Utility
System,
Series B,
5.00%,
11/15/23 
975‌
1,064‌
Houston
Hotel
Occupancy
Tax
&
Special,
5.00%,
9/1/22 
2,500‌
2,587‌
Houston
Independent
School
Dist.,
Permanent
School
Fund,
GO,
5.00%,
2/15/25 
4,660‌
5,344‌
Love
Field
Airport
Modernization,
Southwest
Airlines,
5.00%,
11/1/28 (1)
1,000‌
1,042‌
Lower
Colorado
River
Auth.,
5.00%,
5/15/24 
120‌
133‌
Lower
Colorado
River
Auth.,
5.00%,
5/15/25 
2,125‌
2,444‌
Lower
Colorado
River
Auth.,
Series 2013,
5.00%,
5/15/25 
230‌
235‌
Lower
Colorado
River
Auth.,
Series A,
5.00%,
5/15/23 
860‌
919‌
Lower
Colorado
River
Auth.,
Series A,
5.00%,
5/15/24 
1,045‌
1,160‌
Lower
Colorado
River
Auth.,
Transmission
Services,
5.00%,
5/15/24 
280‌
311‌
Lower
Colorado
River
Auth.,
Transmission
Services,
5.00%,
5/15/25 
1,010‌
1,162‌
Lower
Neches
Valley
IDA,
Exxon
Mobil,
VRDN,
0.03%,
5/1/46 
600‌
600‌
North
Texas
Tollway
Auth.,
Series 2016A,
5.00%,
1/1/28 
2,705‌
3,166‌
North
Texas
Tollway
Auth.,
Series A,
5.00%,
1/1/23 
2,415‌
2,539‌
North
Texas
Tollway
Auth.,
Series A,
5.00%,
1/1/24 
10,150‌
10,660‌
North
Texas
Tollway
Auth.,
Series A,
5.00%,
1/1/26 
9,710‌
10,626‌
North
Texas
Tollway
Auth.,
Series A,
5.00%,
1/1/28 
295‌
334‌
North
Texas
Tollway
Auth.,
Series A,
5.00%,
1/1/30 
1,650‌
1,866‌
North
Texas
Tollway
Auth.,
First
Tier,
5.00%,
1/1/23 (3)
830‌
873‌
North
Texas
Tollway
Auth.,
First
Tier,
Series A,
5.00%,
1/1/22 
2,215‌
2,224‌
North
Texas
Tollway
Auth.,
First
Tier,
Series A,
5.00%,
1/1/23 
1,270‌
1,335‌
North
Texas
Tollway
Auth.,
First
Tier,
Series A,
5.00%,
1/1/25 
1,140‌
1,248‌
North
Texas
Tollway
Auth.,
First
Tier,
Series A,
5.00%,
1/1/27 
5,165‌
5,642‌
North
Texas
Tollway
Auth.,
First
Tier,
Series B,
5.00%,
1/1/22 
500‌
502‌
North
Texas
Tollway
Auth.,
Second
Tier,
Series B,
5.00%,
1/1/24 
4,670‌
4,906‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
23
Par
$
Value
(Amounts
in
000s)
Plano
Independent
School
Dist.,
Permanent
School
Fund,
Series A,
GO,
5.00%,
2/15/22 
1,775‌
1,793‌
Port
Beaumont
Navigation
Dist.,
1.875%,
1/1/26 (1)(8)
500‌
501‌
San
Antonio,
GO,
5.00%,
2/1/23 
5,880‌
6,208‌
San
Antonio
Electric
&
Gas,
5.00%,
2/1/23 
4,380‌
4,625‌
San
Antonio
Water
System,
Series B,
5.00%,
5/15/25 
255‌
272‌
Tarrant
County
Cultural
Ed.
Fac.
Fin.,
Series A,
5.00%,
11/15/22 
885‌
922‌
Texas
Municipal
Gas
Acquisition
&
Supply
I,
Series D,
6.25%,
12/15/26 
14,910‌
17,197‌
Texas
Municipal
Gas
Acquisition
&
Supply
I,
Merrill
Lynch,
Senior
Lien,
Series A,
5.25%,
12/15/25 
2,500‌
2,939‌
Texas
Municipal
Gas
Acquisition
&
Supply
I,
Senior
Lien,
Series A,
5.25%,
12/15/22 
295‌
310‌
Texas
Municipal
Gas
Acquisition
&
Supply
III,
5.00%,
12/15/21 
1,675‌
1,678‌
Texas
Municipal
Gas
Acquisition
&
Supply
III,
5.00%,
12/15/22 
1,375‌
1,439‌
Texas
Municipal
Gas
Acquisition
&
Supply
III,
5.00%,
12/15/23 
2,125‌
2,313‌
Texas
Municipal
Gas
Acquisition
&
Supply
III,
5.00%,
12/15/24 
2,450‌
2,761‌
Texas
Municipal
Gas
Acquisition
&
Supply
III,
5.00%,
12/15/25 
4,335‌
5,031‌
Texas
Municipal
Gas
Acquisition
&
Supply
III,
5.00%,
12/15/26 
5,250‌
6,250‌
Texas
Municipal
Gas
Acquisition
&
Supply
III,
5.00%,
12/15/31 
5,750‌
7,459‌
Texas
State
Univ.
System,
Series A,
5.00%,
3/15/22 
2,000‌
2,028‌
Texas
State
Univ.
System,
Series A,
5.00%,
3/15/23 
1,000‌
1,061‌
Texas
Transportation
Commission
State
Highway
Fund,
Series A,
5.00%,
4/1/23 
4,000‌
4,254‌
Texas
Transportation
Commission,
First
Tier,
5.00%,
10/1/23 
7,535‌
8,187‌
257,706‌
UTAH
0.7%
Salt
Lake
City
Airport,
Series A,
5.00%,
7/1/23 (1)
4,975‌
5,340‌
Salt
Lake
City
Airport,
Series A,
5.00%,
7/1/26 (1)
1,155‌
1,367‌
Salt
Lake
City
Airport,
Series A,
5.00%,
7/1/27 (1)
2,030‌
2,465‌
Utah,
Series B,
GO,
5.00%,
7/1/24 
4,250‌
4,760‌
Utah
County,
IHC
Health
Services,
5.00%,
5/15/22 
500‌
511‌
Vineyard
Redev.
Agency,
5.00%,
5/1/22 (7)
425‌
433‌
Vineyard
Redev.
Agency,
5.00%,
5/1/23 (7)
400‌
426‌
Vineyard
Redev.
Agency,
5.00%,
5/1/27 (7)
615‌
745‌
16,047‌
VIRGINIA
5.1%
Arlington
County
IDA,
Virginia
Hosp.
Center,
5.00%,
7/1/23 
410‌
440‌
Arlington
County
IDA,
Virginia
Hosp.
Center,
5.00%,
7/1/24 
1,600‌
1,787‌
Arlington
County
IDA,
Virginia
Hosp.
Center,
5.00%,
7/1/28 
880‌
1,105‌
Chesapeake
Bay
Bridge
&
Tunnel
Dist.,
First
Tier
General
Resolution,
BAN,
5.00%,
11/1/23 
16,355‌
17,763‌
Chesapeake
Expressway
Toll
Road,
Series A,
5.00%,
7/15/23 
105‌
108‌
Fairfax
County
IDA,
Inova
Health
System,
5.00%,
8/15/23 
4,165‌
4,400‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
24
Par
$
Value
(Amounts
in
000s)
Fairfax
County
IDA,
Inova
Health
System,
Series B-2,
VRDN,
5.00%,
5/15/57
(Tender
5/15/23) 
3,600‌
3,843‌
Fairfax
County
IDA,
Inova
Health
System,
Series D,
5.00%,
5/15/27 
4,000‌
4,085‌
Fredericksburg
Economic
Dev.
Auth.,
Mary
Washington
Healthcare,
5.00%,
6/15/27 
1,750‌
1,937‌
Greater
Richmond
Convention
Center
Auth.,
5.00%,
6/15/24 
225‌
250‌
Halifax
County
IDA,
Electric
&
Power
Project,
Series A,
VRDN,
0.45%,
12/1/41
(Tender
4/1/22) 
3,175‌
3,177‌
Hampton
Roads
Sanitation
Dist.,
Wastewater,
Series A,
5.00%,
7/1/22 
850‌
874‌
Hampton
Roads
Transportation
Accountability
Commission,
Series A,
BAN,
5.00%,
7/1/22 
15,550‌
15,986‌
Norfolk
Water,
5.00%,
11/1/22 
5,000‌
5,215‌
Prince
William
County
IDA,
Novant
Health,
Series B,
5.00%,
11/1/26
(Prerefunded
11/1/22) (4)
1,870‌
1,951‌
Virginia
College
Building
Auth.,
21st
Century
College
&
Equipment
Programs,
Series B,
5.00%,
2/1/24 
9,400‌
10,346‌
Virginia
College
Building
Auth.,
Public
Higher
Ed.
Fin.
Program,
Series B,
5.00%,
9/1/23 
4,000‌
4,331‌
Virginia
Public
Building
Auth.,
Series B,
5.00%,
8/1/24 
3,000‌
3,374‌
Virginia
Public
Building
Auth.,
Series B,
5.00%,
8/1/25 
1,325‌
1,544‌
Virginia
Public
Building
Auth.,
Series B,
5.00%,
8/1/26 
2,000‌
2,405‌
Virginia
Public
School
Auth.,
5.00%,
8/1/27 
4,000‌
4,641‌
Virginia
Public
School
Auth.,
1997
Resolution,
Series 2018B,
5.00%,
8/1/22 
2,825‌
2,916‌
Virginia
Public
School
Auth.,
1997
Resolution,
Series B,
5.00%,
8/1/22 
3,255‌
3,360‌
Virginia
Resources
Auth.,
Series D,
5.00%,
11/1/27
(Prerefunded
11/1/25) (4)
2,105‌
2,471‌
Virginia
Transportation
Board,
Capital
Projects,
Series A,
5.00%,
5/15/22 
775‌
792‌
Virginia
Transportation
Board,
Federal
Highway,
GAN,
5.00%,
9/15/23 
10,000‌
10,843‌
109,944‌
WASHINGTON
1.2%
Energy
Northwest,
Series A,
5.00%,
7/1/23 
195‌
210‌
Univ.
of
Washington,
Series A,
VRDN,
5.00%,
5/1/48
(Tender
5/1/22) 
10,400‌
10,427‌
Washington,
Series A-1,
GO,
5.00%,
8/1/27 
4,130‌
4,791‌
Washington
Health
Care
Fac.
Auth.,
Commonspirit
Health,
Series B,
VRDN,
5.00%,
8/1/49
(Tender
8/1/26) 
6,900‌
8,126‌
Washington
Health
Care
Fac.
Auth.,
Commonspirit
Health,
Series B-2,
VRDN,
5.00%,
8/1/49
(Tender
8/1/25) 
2,450‌
2,794‌
Washington,
Motor
Vehicle
Fuel
Tax,
GO,
5.00%,
7/1/26 
225‌
231‌
26,579‌
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
25
Par
$
Value
(Amounts
in
000s)
WISCONSIN
1.0%
Wisconsin,
Series 2017-2,
GO,
5.00%,
11/1/22 
6,520‌
6,808‌
Wisconsin,
Series 3,
GO,
5.00%,
11/1/22 
75‌
78‌
Wisconsin,
Series A,
GO,
5.00%,
5/1/23 
4,175‌
4,457‌
Wisconsin
Clean
Water
Fund
Leveraged
Loan
Portfolio,
5.00%,
6/1/25
(Prerefunded
6/1/24) (4)
5,000‌
5,574‌
Wisconsin
HEFA,
VRDN,
5.00%,
8/15/54
(Tender
7/29/26) 
4,185‌
5,011‌
21,928‌
Total
Investments
in
Securities
99.7%
(Cost
$2,097,933)
$
2,147,707‌
Other
Assets
Less
Liabilities
0.3%
5,400
Net
Assets
100.0%
$
2,153,107‌
‡
Par
is
denominated
in
U.S.
dollars
unless
otherwise
noted.
(1)
Interest
subject
to
alternative
minimum
tax.
(2)
When-issued
security
(3)
Escrowed
to
maturity
(4)
Prerefunded
date
is
used
in
determining
portfolio
maturity.
(5)
Insured
by
Build
America
Mutual
Assurance
Company
(6)
Insured
by
Financial
Guaranty
Insurance
Company
(7)
Insured
by
Assured
Guaranty
Municipal
Corporation
(8)
Security
was
purchased
pursuant
to
Rule
144A
under
the
Securities
Act
of
1933
and
may
be
resold
in
transactions
exempt
from
registration
only
to
qualified
institutional
buyers.
Total
value
of
such
securities
at
period-end
amounts
to
$4,699
and
represents
0.2%
of
net
assets.
1M
USD
LIBOR
One
month
USD
LIBOR
(London
interbank
offered
rate)
3M
USD
LIBOR
Three
month
USD
LIBOR
(London
interbank
offered
rate)
BAN
Bond
Anticipation
Note
CDA
Community
Development
Administration/Authority
CDFI
Community
Development
Financial
Institution
COP
Certificate
of
Participation
DFA
Development
Finance
Authority
DOT
Department
of
Transportation
FRN
Floating
Rate
Note
GAN
Grant
Anticipation
Note
GO
General
Obligation
HCFFA
Health
Care
Facilities
Financing
Authority
HEFA
Health
&
Educational
Facility
Authority
HFA
Health
Facility
Authority
HFC
Housing
Finance
Corporation
HFFA
Health
Facility
Financing
Authority
HHEFA
Health
&
Higher
Educational
Facility
Authority
IDA
Industrial
Development
Authority/Agency
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
26
The
accompanying
notes
are
an
integral
part
of
this
Portfolio
of
Investments.
.
.
.
.
.
.
.
.
.
.
MUNIPSA
Securities
Industry
and
Financial
Markets
Association
(SIFMA)
Municipal
Swap
Index
PCR
Pollution
Control
Revenue
PFA
Public
Finance
Authority/Agency
RAC
Revenue
Anticipation
Certificate
SOFR
Secured
overnight
financing
rate
VRDN
Variable
Rate
Demand
Note
under
which
the
holder
has
the
right
to
sell
the
security
to
the
issuer
or
the
issuer’s
agent
at
a
predetermined
price
on
specified
dates;
such
specified
dates
are
considered
the
effective
maturity
for
purposes
of
the
fund’s
weighted
average
maturity;
rate
shown
is
effective
rate
at
period-end
and
maturity
date
shown
is
final
maturity.
Certain
VRDN
rates
are
not
based
on
a
published
reference
rate
and
spread
but
may
adjust
periodically.
T.
ROWE
PRICE
Tax-Free
Short-Intermediate
Fund
Unaudited
Notes
to
Portfolio
of
Investments
27
T.
Rowe
Price
Tax-Free
Short-Intermediate
Fund,
Inc.
 (the
fund) is
registered
under
the
Investment
Company
Act
of
1940
(the
1940
Act)
as
an
open-end
management
investment
company
and
follows
accounting
and
reporting
guidance
of
the
Financial
Accounting
Standards
Board
Accounting
Standards
Codification
Topic
946.
The
accompanying
Portfolio
of
Investments
was
prepared
in
accordance
with
accounting
principles
generally
accepted
in
the
United
States
of
America
(GAAP).
For
additional
information
on
the
fund’s
significant
accounting
policies
and
investment
related
disclosures,
please
refer
to
the
fund’s 
most
recent
semiannual
or
annual
shareholder
report
and
its
prospectus.
VALUATION 
Fair
Value
  The
fund’s
financial
instruments
are
valued
at
the
close
of
the
New
York
Stock
Exchange
(NYSE),
normally
4
p.m.
ET,
each
day
the
NYSE
is
open
for
business,
and
are
reported
at
fair
value,
which
GAAP
defines
as
the
price
that
would
be
received
to
sell
an
asset
or
paid
to
transfer
a
liability
in
an
orderly
transaction
between
market
participants
at
the
measurement
date. The
T.
Rowe
Price
Valuation
Committee
(the
Valuation
Committee)
is
an
internal
committee
that
has
been
delegated
certain
responsibilities
by
the
fund’s
Board
of
Directors
(the
Board)
to
ensure
that
financial
instruments
are
appropriately
priced
at
fair
value
in
accordance
with
GAAP
and
the
1940
Act.
Subject
to
oversight
by
the
Board,
the
Valuation
Committee
develops
and
oversees
pricing-related
policies
and
procedures
and
approves
all
fair
value
determinations.
Specifically,
the
Valuation
Committee
establishes
policies
and
procedures
used
in
valuing
financial
instruments,
including
those
which
cannot
be
valued
in
accordance
with
normal
procedures
or
using
pricing
vendors;
determines
pricing
techniques,
sources,
and
persons
eligible
to
effect
fair
value
pricing
actions;
evaluates
the
services
and
performance
of
the
pricing
vendors;
oversees
the
pricing
process
to
ensure
policies
and
procedures
are
being
followed;
and
provides
guidance
on
internal
controls
and
valuation-related
matters.
The
Valuation
Committee
provides
periodic
reporting
to
the
Board
on
valuation
matters.
Various
valuation
techniques
and
inputs
are
used
to
determine
the
fair
value
of
financial
instruments.
GAAP
establishes
the
following
fair
value
hierarchy
that
categorizes
the
inputs
used
to
measure
fair
value:
Level
1
–
quoted
prices
(unadjusted)
in
active
markets
for
identical
financial
instruments
that
the
fund
can
access
at
the
reporting
date
T.
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28
Level
2
–
inputs
other
than
Level
1
quoted
prices
that
are
observable,
either
directly
or
indirectly
(including,
but
not
limited
to,
quoted
prices
for
similar
financial
instruments
in
active
markets,
quoted
prices
for
identical
or
similar
financial
instruments
in
inactive
markets,
interest
rates
and
yield
curves,
implied
volatilities,
and
credit
spreads)
Level
3
–
unobservable
inputs
(including
the fund’s
own
assumptions
in
determining
fair
value)
Observable
inputs
are
developed
using
market
data,
such
as
publicly
available
information
about
actual
events
or
transactions,
and
reflect
the
assumptions
that
market
participants
would
use
to
price
the
financial
instrument.
Unobservable
inputs
are
those
for
which
market
data
are
not
available
and
are
developed
using
the
best
information
available
about
the
assumptions
that
market
participants
would
use
to
price
the
financial
instrument.
GAAP
requires
valuation
techniques
to
maximize
the
use
of
relevant
observable
inputs
and
minimize
the
use
of
unobservable
inputs.
When
multiple
inputs
are
used
to
derive
fair
value,
the
financial
instrument
is
assigned
to
the
level
within
the
fair
value
hierarchy
based
on
the
lowest-level
input
that
is
significant
to
the
fair
value
of
the
financial
instrument.
Input
levels
are
not
necessarily
an
indication
of
the
risk
or
liquidity
associated
with
financial
instruments
at
that
level
but
rather
the
degree
of
judgment
used
in
determining
those
values.
Valuation
Techniques 
Debt
securities
generally
are
traded
in
the over-the-counter
(OTC)
market
and
are
valued
at
prices
furnished
by
independent
pricing
services
or
by
broker
dealers
who
make
markets
in
such
securities.
When
valuing
securities,
the
independent
pricing
services
consider
the
yield
or
price
of
bonds
of
comparable
quality,
coupon,
maturity,
and
type,
as
well
as
prices
quoted
by
dealers
who
make
markets
in
such
securities.   
Investments
for
which
market
quotations
or
market-based
valuations
are
not
readily
available
or
deemed
unreliable
are
valued
at
fair
value
as
determined
in
good
faith
by
the
Valuation
Committee,
in
accordance
with
fair
valuation
policies
and
procedures.
The
objective
of
any
fair
value
pricing
determination
is
to
arrive
at
a
price
that
could
reasonably
be
expected
from
a
current
sale.
Financial
instruments
fair
valued
by
the
Valuation
Committee
are
primarily
private
placements,
restricted
securities,
warrants,
rights,
and
other
securities
that
are
not
publicly
traded.
Factors
used
in
determining
fair
value
vary
by
type
of
investment
and
may
include
market
or
investment
specific
considerations.
The
Valuation
Committee
typically
will
afford
greatest
weight
to
actual
prices
in
arm’s
length
transactions,
to
the
extent
they
represent
orderly
transactions
between
market
participants,
transaction
information
can
be
reliably
obtained,
and
prices
are
deemed
representative
of
fair
value.
However,
the
Valuation
Committee
may
also
consider
other
valuation
methods
such
as
market-based
valuation
multiples;
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29
a
discount
or
premium
from
market
value
of
a
similar,
freely
traded
security
of
the
same
issuer;
discounted
cash
flows;
yield
to
maturity;
or
some
combination.
Fair
value
determinations
are
reviewed
on
a
regular
basis
and
updated
as
information
becomes
available,
including
actual
purchase
and
sale
transactions
of
the
investment.
Because
any
fair
value
determination
involves
a
significant
amount
of
judgment,
there
is
a
degree
of
subjectivity
inherent
in
such
pricing
decisions,
and
fair
value
prices
determined
by
the
Valuation
Committee
could
differ
from
those
of
other
market
participants.
Valuation
Inputs
  On
November
30,
2021,
all
of
the
fund’s
financial
instruments
were
classified
as
Level
2,
based
on
the
inputs
used
to
determine
their
fair
values.
F56-054Q3
11/21