T. Rowe Price Maryland Short-Term Tax-Free Bond Fund (PRMDX)
Ticker Symbol:
PRMDX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Composition
Asset Allocation
as of 06/30/2016
Volatility and Other Measures
as of 06/30/2016
Beta 1.37
0.74
Standard Deviation 0.71
Credit Quality Diversification1
as of 06/30/2016
% of Total Net Assets
AAA 39.4%
AA 19.0%
A 21.5%
BBB 17.5%
BB 0.9%
B 0.2%
Not Rated 1.5%
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 06/30/2016
2.40 years
Weighted Avg. Maturity
as of 07/19/2016
2.55 years
Sector Diversification
as of 06/30/2016
% of Total Net Assets
Tax-Free Revenue 48.9%
Tax-Free Gen. Obligations 41.6%
Tax-Free US Government 7.8%
10 Largest Holdings
Represents 21.07 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
BALTIMORE CNTY MD 5.000 02/01/2021
BALTIMORE CO MD 5.000 02/01/2020
BALTIMORE MD BRD OF SCH COMMISS REV 5.000 05/01/2017
HOWARD CO CONS PUB IMPT PROJ SR A 5.000 02/15/2020
MD HLTH & HR ED WESTERN MD HLTH SYS 5.000 07/01/2021
MD HLTH UV MD MED SYSTEM 7.000 07/01/2022
MD ST & LOC FACS LN 2ND SR B 5.000 08/01/2017
MONTGOMERY CO MD GO SR A 5.000 11/01/2017
PRINCE GEORGES CO MD PUB IMPT SR A 5.000 09/01/2018
WASH MD SUB SAN DIST CONS PUB IMPT 5.000 06/01/2023
As of 06/30/2016 the Maryland Short-Term Tax-Free Bond Fund had a total of 162 holdings.
Bond Maturity Diversification2
  as of 06/30/2016
% of Total Net Assets
0 - 1 YRS 15.3%
1 - 5 YRS 66.7%
5 - 10 YRS 17.9%
10 + YRS 0.1%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.