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  • T. Rowe Price Maryland Tax-Free Money Fund (TMDXX)
    Ticker Symbol:
    TMDXX
    Fund Status:
    Open to new Retail investors  /  Open to subsequent Retail investments
    Fund Objective
    Quick Stats
    Fiscal Year End  February
    Inception Date 03/30/2001
    Tax ID 52-2305277
    Investment Objective
    The fund seeks to provide preservation of capital, liquidity, and, consistent with these objectives, the highest level of income exempt from federal and Maryland state and local income taxes.
    Strategy
    The fund will invest at least 65% of total assets in Maryland municipal securities. All securities held by the fund will mature in 13 months or less, and the fundís weighted maturity average will not exceed 60 days.
    Investor Profile
    Maryland taxpayers who can benefit from income that is exempt from federal and Maryland state and local taxes because of their tax bracket. Not appropriate for tax-deferred retirement plans, such as IRAs. Some income may be subject to the federal alternative minimum tax. Income earned by non-Maryland residents will be subject to applicable state and local taxes.
    Availability
    DC, DE, FL, GA, HI, IL, MD, NC, NJ, PA, VA, VT, WV, WY
    Risk/Reward Potential*
    Click on the risk/reward spectrum below to view the funds in that category
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    Moderate
    Lower
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    The money fund offers Maryland-based investors stability of principal, liquidity, and triple-tax-free income. The fund seeks to maintain a stable net asset value and provide an appropriate place to put money between investments or during uncertain market conditions. The Maryland Tax-Free Money Fund offers lower risk and reward potential than the Maryland Tax-Free Bond and the Maryland Short-Term Tax-Free Bond Funds.

    An investment in the funds is not insured or guaranteed by the FDIC or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund.
    *Funds are placed in general risk/return categories based on their past performance or, for newer funds, the performance of the types of securities in which they invest. There is no assurance past trends will continue.
    See Glossary for additional details on all data elements.