Morningstar

T. Rowe Price Maryland Municipal Bond Fund MDXBX

Morningstar Medalist Rating
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Medalist Rating as of See T. Rowe Price Investment Hub
  • NAV / 1-Day Return $9.67  /  +0.83 %
  • Fund Size $2.4B
  • Adjusted Expense Ratio 0.490%
  • Net Expense Ratio 0.490%
  • Fee Level: Distribution Below Average
  • Share Class Type No Load
  • Morningstar Category Muni Single State Long
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 3.83%
  • Average Effective Duration 8.01 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis MDXBX

Will MDXBX 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 MDXBX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MDXBX 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 MDXBX’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 Maryland Municipal Bond holds a quantitatively derived Gold Morningstar Medalist Rating. The rating reflects that it has scored particularly well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings MDXBX

More MDXBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MARYLAND ST STAD AUTH REV 5%

1.69 40M
municipal

MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5.5%

1.32 32M
municipal

Cash Offsets For Shorts & Derivatives

1.24 30M
Cash and Equivalents

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%

1.18 28M
municipal

MONTGOMERY CNTY MD HSG OPPNTYS COMMN MULTIFAMILY HSG & RECONSTR DEV REV 2.8

1.11 27M
municipal

MARYLAND ST CMNTY DEV ADMIN DEPT HSG & CMNTY DEV 3%

0.98 24M
municipal

MARYLAND ST ECONOMIC DEV CORP PRIVATE ACTIVITY REV 5.25%

0.93 22M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75%

0.91 22M
municipal

MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5.25%

0.85 20M
municipal

MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5.25%

0.83 20M
municipal

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