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 10/31/2016
Volatility and Other Measures
as of 10/31/2016
Beta 1.12
0.96
Standard Deviation 2.77
Credit Quality Diversification1
as of 10/31/2016
% of Total Net Assets
AAA 5.3%
AA 50.3%
A 27.9%
BBB 8.9%
BB 0.8%
B 1.7%
Not Rated 5.1%
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 10/31/2016
5.18 years
Weighted Avg. Maturity
as of 11/29/2016
16.04 years
Sector Diversification
as of 10/31/2016
% of Total Net Assets
Tax-Free Revenue 77.4%
Tax-Free US Government 11.0%
Tax-Free Gen. Obligations 9.2%
10 Largest Holdings
Represents 11.93 % 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
LA CA WSTWTR SYS REV SUB SR B 5.000 06/01/2032
LOS ANGELES CA INTL ARPT C PRE 5.125 05/15/2018
As of 10/31/2016 the California Tax-Free Bond Fund had a total of 249 holdings.
Bond Maturity Diversification2
  as of 10/31/2016
% of Total Net Assets
0 - 1 YRS 3.2%
1 - 5 YRS 11.7%
5 - 10 YRS 6.4%
10 + YRS 78.8%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.