T. Rowe Price Virginia Tax-Free Bond Fund (PRVAX)
Ticker Symbol:
PRVAX
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 10/31/2014
Beta 1.16
0.98
Standard Deviation 4.42
Credit Quality Diversification1
as of 09/30/2014
% of Total Net Assets
AAA 16.0%
AA 47.1%
A 24.0%
BBB 7.8%
B 1.0%
D 0.0%
Not Rated 4.1%
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 10/31/2014
4.35 years
Weighted Avg. Maturity
as of 12/16/2014
16.75 years
10 Largest Holdings
Represents 17.22 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
DC METRO AIRPTS DUL TOL RD 1ST SR LIEN 5.250 10/01/2044
FAIRFAX CNTY VA ECON PHASE I PRJ 5.000 04/01/2036
FAIRFAX CO VA INOVA HLTH SYS PRJ SR A 5.000 05/15/2040
METRO WASH DC ARPT SER C 5.625 10/01/2039
NORFOLK VA WTR REV 5.000 11/01/2042
VA CLG BLDG AUTH PUB HGR ED SR A PRE 4.500 09/01/2017
VA CMNWLTH TRANSN BRD CAP PRJS 5.000 05/15/2033
VA COMMONWEALTH TRANSP BRD TRANSN REV 4.000 05/15/2030
VA COMWLTH TRANSN BRD CAP PRJ 4.750 05/15/2035
VIRGINIA COLLEGE BLDG AUTH EDL FACS REV 5.750 01/01/2034
As of 09/30/2014 the Virginia Tax-Free Bond Fund had a total of 238 holdings.
Bond Maturity Diversification2
  as of 10/31/2014
% of Total Net Assets
0 - 1 YRS 7.6%
1 - 5 YRS 11.2%
5 - 10 YRS 8.6%
10 + YRS 72.6%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 10/31/2014
% of Total Net Assets
Tax-Free Revenue 79.2%
Tax-Free US Government 12.4%
Tax-Free Gen. Obligations 5.5%
See Glossary for additional details on all data elements.