T. Rowe Price Georgia Tax-Free Bond Fund (GTFBX)
| Fund Assets | 536.66M |
| Expense Ratio | 0.56% |
| Min. Investment | $500,000 |
| Turnover | 13.80% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.45% |
| Dividend Growth | 5.43% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.98 |
| YTD Return | 1.13% |
| 1-Year Return | 5.23% |
| 5-Year Return | 5.27% |
| 52-Week Low | 9.99 |
| 52-Week High | 10.99 |
| Beta (5Y) | 0.31 |
| Holdings | 297 |
| Inception Date | Mar 31, 1993 |
About GTFBX
The T. Rowe Price Georgia Tax-Free Bond Fund is a mutual fund focused on delivering income that is exempt from both federal and Georgia state income taxes. The fund primarily invests in investment-grade municipal bonds issued by entities within Georgia, including ports authorities, development agencies, and municipal infrastructure projects. Its investment approach requires maintaining at least 80% of assets in tax-exempt bonds to align with its dual tax-advantaged strategy. As a non-diversified fund, it emphasizes exposure to Georgia's municipal credit markets, leading to sector concentration in local infrastructure, public development, and essential services. With a portfolio comprising over 200 holdings, the fund seeks to offer stability and income for investors subject to Georgia taxation. It pays dividends monthly and is structured to provide a competitive yield within the municipal bond fund category, while also maintaining moderate interest rate sensitivity and credit quality. The T. Rowe Price Georgia Tax-Free Bond Fund plays a significant role for investors aiming to optimize tax efficiency through municipal fixed income investments tailored to Georgia residents.
Performance
GTFBX had a total return of 5.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.10%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| TBGAX | -i Class | 0.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03331 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03499 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03004 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03508 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03048 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03376 | Aug 29, 2025 |