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 07/31/2016
Volatility and Other Measures
as of 07/31/2016
Beta 1.04
0.96
Standard Deviation 2.80
Credit Quality Diversification1
as of 07/31/2016
% of Total Net Assets
AAA 16.9%
AA 49.7%
A 21.9%
BBB 5.9%
B 0.5%
D 0.0%
Not Rated 5.0%
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 07/31/2016
4.66 years
Weighted Avg. Maturity
as of 08/30/2016
16.59 years
Sector Diversification
as of 07/31/2016
% of Total Net Assets
Tax-Free Revenue 78.6%
Tax-Free US Government 15.1%
Tax-Free Gen. Obligations 3.0%
10 Largest Holdings
Represents 15.66 % 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 CO VA INOVA HLTH SYS PRJ SR A 5.000 05/15/2044
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
NORFOLK VA WTR REV SER A 5.250 11/01/2044
UNI OF VA REVS GREEN BOND SR A-2 5.000 04/01/2045
VA CMNWLTH TRANSN BRD CAP PRJS 5.000 05/15/2033
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 07/31/2016 the Virginia Tax-Free Bond Fund had a total of 267 holdings.
Bond Maturity Diversification2
  as of 07/31/2016
% of Total Net Assets
0 - 1 YRS 6.0%
1 - 5 YRS 15.5%
5 - 10 YRS 7.2%
10 + YRS 71.4%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.