T. Rowe Price Maryland Tax-Free Bond Fund (MDXBX)
Ticker Symbol:
MDXBX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Composition
Asset Allocation
as of 05/31/2016
Volatility and Other Measures
as of 05/31/2016
Beta 1.04
0.98
Standard Deviation 3.38
Credit Quality Diversification1
as of 05/31/2016
% of Total Net Assets
AAA 16.4%
AA 31.9%
A 28.5%
BBB 17.5%
BB 0.8%
Not Rated 4.9%
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 05/31/2016
4.20 years
Weighted Avg. Maturity
as of 06/21/2016
10.68 years
Sector Diversification
as of 05/31/2016
% of Total Net Assets
Tax-Free Revenue 70.0%
Tax-Free Gen. Obligations 15.6%
Tax-Free US Government 14.4%
10 Largest Holdings
Represents 12.48 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
MARYLAND ST FIRST SR B PRE 4.500 03/15/2019
MD HHE JOHNS HOPKINS HLTH SYS 5.000 05/15/2040
MD HHE MERCY MED CTR A PRE 5.500 07/01/2042
MD ST B 5.000 03/01/2022
MD ST HHE ANNE ARUNDEL HLTH A PRE 6.750 07/01/2019
MD ST HHEFA UNI MD MED SYS SR A 5.000 07/01/2043
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 05/31/2016 the Maryland Tax-Free Bond Fund had a total of 494 holdings.
Bond Maturity Diversification2
  as of 05/31/2016
% of Total Net Assets
0 - 1 YRS 2.7%
1 - 5 YRS 17.0%
5 - 10 YRS 11.3%
10 + YRS 69.0%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.