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 03/31/2015
Volatility and Other Measures
as of 05/31/2015
Beta 1.18
0.98
Standard Deviation 4.30
Credit Quality Diversification1
as of 03/31/2015
% of Total Net Assets
AAA 4.8%
AA 41.6%
A 37.3%
BBB 9.1%
BB 2.1%
B 1.4%
Not Rated 3.8%
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 05/31/2015
4.92 years
Weighted Avg. Maturity
as of 06/23/2015
16.92 years
10 Largest Holdings
Represents 12.82 % 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 WSTWTR SYS REV SUB SR B 5.000 06/01/2032
LOS ANGELES CA INTL ARPT C PRE 5.125 05/15/2018
S CA PUB TWR AUTH 5.000 07/01/2029
SACRAMENTO CA CITY LEASE REV B 5.400 11/01/2020
As of 05/31/2015 the California Tax-Free Bond Fund had a total of 218 holdings.
Bond Maturity Diversification2
  as of 05/31/2015
% of Total Net Assets
0 - 1 YRS 5.7%
1 - 5 YRS 7.3%
5 - 10 YRS 10.5%
10 + YRS 76.5%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 05/31/2015
% of Total Net Assets
Tax-Free Revenue 81.1%
Tax-Free Gen. Obligations 9.5%
Tax-Free US Government 7.6%
See Glossary for additional details on all data elements.