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 09/30/2014
Volatility and Other Measures
as of 11/30/2014
Beta 1.19
0.98
Standard Deviation 4.51
Credit Quality Diversification1
as of 09/30/2014
% of Total Net Assets
AAA 8.7%
AA 39.3%
A 35.6%
BBB 9.1%
BB 2.2%
B 1.3%
Not Rated 3.7%
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 11/30/2014
4.85 years
Weighted Avg. Maturity
as of 12/16/2014
16.87 years
10 Largest Holdings
Represents 13.39 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
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 KAISER PERM SR A 5.000 04/01/2042
LA CA DEPT OF ARPTS SR LA INTL A 5.000 05/15/2028
LA CA DEPT WTR & PWR SYS SR A 5.000 07/01/2029
LOS ANGELES CA INTL ARPT C 5.125 05/15/2033
S CA PUB TWR AUTH 5.000 07/01/2029
SACRAMENTO CA CITY LEASE REV B 5.400 11/01/2020
As of 09/30/2014 the California Tax-Free Bond Fund had a total of 193 holdings.
Bond Maturity Diversification2
  as of 11/30/2014
% of Total Net Assets
0 - 1 YRS 7.5%
1 - 5 YRS 7.2%
5 - 10 YRS 10.7%
10 + YRS 74.6%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 11/30/2014
% of Total Net Assets
Tax-Free Revenue 81.2%
Tax-Free Gen. Obligations 9.3%
Tax-Free US Government 6.1%
See Glossary for additional details on all data elements.