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 09/30/2014
Volatility and Other Measures
as of 11/30/2014
Beta 2.17
0.82
Standard Deviation 0.81
Credit Quality Diversification1
as of 09/30/2014
% of Total Net Assets
AAA 40.4%
AA 36.3%
A 13.2%
BBB 7.6%
BB 0.9%
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 11/30/2014
2.07 years
Weighted Avg. Maturity
as of 12/16/2014
2.32 years
10 Largest Holdings
Represents 25.24 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
BALTIMORE CO MD COPS 5.000 10/01/2015
HOWARD CNTY MD SR B 5.000 08/15/2015
MD ST & LOC FACS LN 2ND SR B 5.000 08/01/2017
MD ST & LOC LN 1ST SR C 5.000 03/01/2017
MD ST EDC PBLC HLTH LABRATORY 5.000 06/01/2015
MD ST REF ST & LOC FACS SER C 5.000 11/01/2016
MD STAD AUTH BASEBALL STDM SR B AMT 5.000 12/15/2015
MONTGOMERY CO MD GO SR A 5.000 11/01/2017
PG CO MD CONS PUB IMPT SR A 5.000 09/15/2016
PRINCE GEORGES CNTY MD CPI SR A 5.000 09/15/2015
As of 09/30/2014 the Maryland Short-Term Tax-Free Bond Fund had a total of 159 holdings.
Bond Maturity Diversification2
  as of 11/30/2014
% of Total Net Assets
0 - 1 YRS 23.7%
1 - 5 YRS 70.4%
5 - 10 YRS 6.0%
10 + YRS 0.0%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 11/30/2014
% of Total Net Assets
Tax-Free Gen. Obligations 46.9%
Tax-Free Revenue 45.9%
Tax-Free US Government 3.1%
See Glossary for additional details on all data elements.