T. Rowe Price California Tax-Free Bond Fund (PRXCX)
Ticker Symbol:
PRXCX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Composition
Asset Allocation
as of 03/31/2017
Volatility and Other Measures
as of 03/31/2017
Beta 1.12
0.98
Standard Deviation 3.65
Credit Quality Diversification1
as of 03/31/2017
% of Total Net Assets
AAA 5.4%
AA 48.2%
A 29.8%
BBB 9.4%
BB 1.2%
B 0.9%
CCC 0.4%
Not Rated 4.7%
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 03/31/2017
4.96 years
Weighted Avg. Maturity
as of 04/18/2017
16.15 years
Sector Diversification
as of 03/31/2017
% of Total Net Assets
Tax-Free Revenue 77.8%
Tax-Free US Government 10.7%
Tax-Free Gen. Obligations 8.6%
10 Largest Holdings
Represents 11.23 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
CA ST HFF AUTH REV CEDARS SINAI MED CTR 5.000 11/15/2029
CA ST HLTH FAC SUTTER HLTH SR D 5.250 08/15/2031
CA ST HLTH FACS FING PROVIDENCE SR A 5.000 10/01/2038
CA ST SCDA REV SUTTER HLTH SR A 5.000 08/15/2032
CA ST VAR PURP 5.000 04/01/2037
CA STWD CMNTYS DEV COTTAGE HLTH SYS 5.000 11/01/2043
CA STWD CMNTYS KAISER PERM SR A 5.000 04/01/2042
LA CA DEPT OF ARPTS SR LA INTL A 5.000 05/15/2028
LOS ANGELES CA INTL ARPT C PRE 5.125 05/15/2018
SAN FRAN CA AMT ARPTS COMMN 2ND SER B 5.000 05/01/2046
As of 03/31/2017 the California Tax-Free Bond Fund had a total of 258 holdings.
Bond Maturity Diversification2
  as of 03/31/2017
% of Total Net Assets
0 - 1 YRS 4.2%
1 - 5 YRS 12.7%
5 - 10 YRS 5.8%
10 + YRS 77.4%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.