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 04/30/2016
Volatility and Other Measures
as of 04/30/2016
Beta 1.16
0.98
Standard Deviation 3.96
Credit Quality Diversification1
as of 04/30/2016
% of Total Net Assets
AAA 2.9%
AA 48.3%
A 32.0%
BBB 10.2%
BB 0.8%
B 1.0%
Not Rated 4.8%
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 04/30/2016
5.19 years
Weighted Avg. Maturity
as of 05/24/2016
16.92 years
Sector Diversification
as of 04/30/2016
% of Total Net Assets
Tax-Free Revenue 80.5%
Tax-Free Gen. Obligations 9.9%
Tax-Free US Government 9.3%
10 Largest Holdings
Represents 13.07 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
CA POLTN CTL SLD WST REP SVCS B PUT 144A .450 05/02/2016
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
SACRAMENTO CA CITY LEASE REV B 5.400 11/01/2020
As of 04/30/2016 the California Tax-Free Bond Fund had a total of 236 holdings.
Bond Maturity Diversification2
  as of 04/30/2016
% of Total Net Assets
0 - 1 YRS 3.1%
1 - 5 YRS 9.3%
5 - 10 YRS 7.9%
10 + YRS 79.7%
2Total may not equal 100% due to rounding.
See Glossary for additional details on all data elements.