Morningstar

T. Rowe Price Virginia Municipal Bond Fund PRVAX

Morningstar Medalist Rating
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Medalist Rating as of See T. Rowe Price Investment Hub
  • NAV / 1-Day Return $10.73  /  +0.28 %
  • Fund Size $1.4B
  • Adjusted Expense Ratio 0.560%
  • Net Expense Ratio 0.560%
  • Fee Level: Distribution Above Average
  • Share Class Type No Load
  • Morningstar Category Muni Single State Long
  • Fixed-Income Style Box (Funds) Medium/Extensive
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 3.60%
  • Average Effective Duration 8.32 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis PRVAX

Will PRVAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PRVAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PRVAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PRVAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

T. Rowe Price Virginia Municipal Bond holds a quantitatively derived Bronze Morningstar Medalist Rating. The rating reflects that it has scored better than the norm on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
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Portfolio Holdings PRVAX

More PRVAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

VIRGINIA ST HSG DEV AUTH COMWLTH MTG 4.65%

1.95 28M
municipal

METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 5%

1.95 28M
municipal

FARMVILLE VA INDL DEV AUTH EDL FACS REV 5.375%

1.51 21M
municipal

UNIVERSITY VA UNIV REVS 5%

1.41 20M
municipal

VIRGINIA SMALL BUSINESS FING AUTH PRIVATE ACTIVITY REV 5%

1.16 16M
municipal

VIRGINIA PORT AUTH COMWLTH PORT FD REV 5.25%

1.11 16M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%

1.01 14M
municipal

VIRGINIA COMWLTH UNIV HEALTH SYS AUTH REV 1.3%

1.00 14M
municipal

ROCKINGHAM CNTY VA ECONOMIC DEV AUTH HEALTH CARE FACS REV 3%

1.00 14M
municipal

VIRGINIA SMALL BUSINESS FING AUTH REV 4%

1.00 14M
municipal

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