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T. Rowe Price Maryland Tax-Free Bond I TFBIX

Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 10.03  /  −0.09 %
  • Total Assets 2.3 Bil
  • Adj. Expense Ratio
    0.420%
  • Expense Ratio 0.420%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Muni Single State Long
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield 3.29%
  • Effective Duration 7.13 years

USD | NAV as of May 20, 2024 | 1-Day Return as of May 20, 2024, 10:20 PM GMT+0

Morningstar’s Analysis TFBIX

Will TFBIX outperform in future?

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

A strong management team and sound investment process underpin T. Rowe Price Maryland Tax-Free Bond I's Morningstar Medalist Rating of Gold.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the cheapest fee quintile among peers.

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Portfolio Holdings TFBIX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 13.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MARYLAND ST STAD AUTH REV 5%

2.09 47.4 Mil
municipal

BALTIMORE CNTY MD 5%

1.83 41.5 Mil
municipal

MARYLAND ST ECONOMIC DEV CORP PRIVATE ACTIVITY REV 5.25%

1.74 39.5 Mil
municipal

MARYLAND ST DEPT TRANSN SPL TRANSN PROJ REV 4%

1.58 35.8 Mil
municipal

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

1.30 29.4 Mil
municipal

MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5%

1.29 29.2 Mil
municipal

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

1.10 25.0 Mil
municipal

Cash & Cash Equivalents

1.03 23.4 Mil
Cash and Equivalents

MARYLAND ST DEPT TRANSN SPL TRANSN PROJ REV 5%

0.97 22.0 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75%

0.95 21.5 Mil
municipal