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Morningstar

T. Rowe Price Virginia Tax Free Bond I TFBVX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 11.08  /  +0.01 %
  • Total Assets 1.3 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 3.16%
  • Effective Duration 7.47 years

USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:18 PM GMT+0

Morningstar’s Analysis TFBVX

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

  • People Pillar

    The People Pillar is our evaluation of the TFBVX 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 TFBVX’s parent organization’s priorities and whether they’re in line with investors’ interests.

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

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

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings TFBVX

More TFBVX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

METROPOLITAN WASH D C ARPTS AUTH ARPT SYS REV 5%

1.73 22.1 Mil
municipal

ARLINGTON CNTY VA INDL DEV AUTH HOSP FAC REV 3.75%

1.56 19.9 Mil
municipal

NORFOLK VA WTR REV 5.25%

1.44 18.4 Mil
municipal

HAMPTON RDS VA TRANSN ACCOUNTABILITY COMMN REV 5%

1.38 17.6 Mil
municipal

LYNCHBURG VA ECONOMIC DEV AUTH HOSP REV 3.07%

1.31 16.7 Mil
municipal

FARMVILLE VA INDL DEV AUTH EDL FACS REV 5.375%

1.29 16.5 Mil
municipal

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

1.23 15.7 Mil
municipal

ARLINGTON CNTY VA INDL DEV AUTH HOSP FAC REV 4%

1.20 15.3 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75%

1.15 14.6 Mil
municipal

Cash & Cash Equivalents

1.15 14.6 Mil
Cash and Equivalents