T. Rowe Price Maryland Tax-Free Bond Fund (MDXBX)

Keep more of what you earn with tax-free income.

Call 877-872-5488 to speak to an investment specialist about the Maryland Tax-Free Bond Fund.

Ticker Symbol:
MDXBX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Composition
Asset Allocation
as of 06/30/2017
Volatility and Other Measures
as of 06/30/2017
Beta 0.83
0.98
Standard Deviation 2.73
Credit Quality Diversification1
as of 06/30/2017
% of Total Net Assets
AAA 12.4%
AA 32.9%
A 30.0%
BBB 18.5%
BB 0.2%
CCC 0.2%
Not Rated 5.8%
1Sources: Moody's Investors Service; if Moody's does not rate a security, then Standard & Poor's (S&P) is used as a secondary source. When available, T. Rowe Price will use Fitch for securities that are not rated by Moody's or S&P. T. Rowe Price may deviate from this hierarchy for prerefunded securities, which are categorized using the most recent rating from Moody's, S&P, or Fitch when it reflects the issue's current prerefunded status.
Modified Duration to Worst
as of 06/30/2017
4.78 years
Weighted Avg. Maturity
as of 07/25/2017
16.07 years
Sector Diversification
as of 06/30/2017
% of Total Net Assets
Tax-Free Revenue 66.7%
Tax-Free Gen. Obligations 18.0%
Tax-Free US Government 17.6%
10 Largest Holdings
Represents 13.64 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
MARYLAND ST FIRST SR B PRE 4.500 03/15/2019
MD H&H ED FACS LIFEBRIDGE HLTH 5.000 07/01/2047
MD HHE JOHNS HOPKINS HLTH SYS PRE 5.000 05/15/2020
MD HLTH & HR EDU LIFEBRIDGE HLTH 5.000 07/01/2047
MD ST HHEFA UNI MD MED SYS SR A 5.000 07/01/2043
MD ST HLTH & HGR ED MEDSTAR HLTH SER A 5.000 05/15/2045
MD ST HLTH & HGR ED MERITUS MED CNTR 5.000 07/01/2040
MD ST HLTH JOHNS HOPKINS UNIV A 5.250 07/01/2038
MD ST STADIUM AUTH REV 5.000 05/01/2046
MONTGOMERY CO MD TRINITY HLTH CR GP 5.000 12/01/2044
As of 06/30/2017 the Maryland Tax-Free Bond Fund had a total of 528 holdings.
Bond Maturity Diversification2
  as of 06/30/2017
% of Total Net Assets
0 - 1 YRS 3.3%
1 - 5 YRS 15.0%
5 - 10 YRS 11.5%
10 + YRS 70.2%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.