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 03/31/2014
Volatility and Other Measures
as of 03/31/2014
Beta 1.73
0.73
Standard Deviation 0.84
Credit Quality Diversification1
as of 03/31/2014
% of Total Net Assets
AAA 38.1%
AA 41.9%
A 11.2%
BBB 8.0%
BB 0.2%
Not Rated 0.6%
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 03/31/2014
2.15 years
Weighted Avg. Maturity
as of 04/22/2014
2.41 years
10 Largest Holdings
Represents 25.01 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
BALTIMORE CO MD COPS 5.000 10/01/2015
BALTIMORE MD CTFS PARTN SER A 5.000 10/01/2014
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
MONTGOMERY CNTY MD SR A 5.000 07/01/2015
MONTGOMERY CO MD GO SR A 5.000 11/01/2017
PG CO MD CONS PUB IMPT SR A 5.000 09/15/2016
As of 03/31/2014 the Maryland Short-Term Tax-Free Bond Fund had a total of 166 holdings.
Bond Maturity Diversification2
  as of 03/31/2014
% of Total Net Assets
0 - 1 YRS 16.9%
1 - 5 YRS 76.9%
5 - 10 YRS 6.2%
10 + YRS 0.0%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 03/31/2014
% of Total Net Assets
Tax-Free Revenue 49.3%
Tax-Free Gen. Obligations 47.0%
Tax-Free US Government 1.8%
See Glossary for additional details on all data elements.