T. Rowe Price Maryland Tax Free Bond Fund (MDXBX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.74
0.00 (0.00%)
Aug 27, 2025, 8:09 AM EDT
Fund Assets2.27B
Expense Ratio0.49%
Min. Investment$500,000
Turnover17.30%
Dividend (ttm)0.34
Dividend Yield3.49%
Dividend Growth4.83%
Payout FrequencyMonthly
Ex-Dividend DateJul 31, 2025
Previous Close9.74
YTD Return-2.84%
1-Year Return-2.46%
5-Year Return-0.10%
52-Week Low9.55
52-Week High10.29
Beta (5Y)0.26
Holdings621
Inception DateMar 31, 1987

About MDXBX

The investment seeks to provide, consistent with prudent portfolio management, the highest level of income exempt from federal and Maryland state and local income taxes by investing primarily in investment-grade Maryland municipal bonds. The fund will invest so that, under normal market conditions, at least 80% of its net assets (including any borrowings for investment purposes) are invested in bonds that pay interest exempt from federal and Maryland state and local income taxes, and at least 80% of the fund's income is expected to be exempt from federal and Maryland state and local income taxes. It is non-diversified.

Fund Family T. Rowe Price
Category Muni Single State Long
Stock Exchange NASDAQ
Ticker Symbol MDXBX
Index Bloomberg Municipal Bond TR

Performance

MDXBX had a total return of -2.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.02%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
TFBIX-i Class0.41%

Top 10 Holdings

10.53% of assets
NameSymbolWeight
MARYLAND ST STAD AUTH REV 5%MD.MDSFAC 5 05.01.20501.91%
MARYLAND ST CMNTY DEV ADMIN DEPT HSG & CMNTY DEV 3%MD.MDSDEV 3 09.01.20511.32%
MARYLAND ST ECONOMIC DEV CORP PRIVATE ACTIVITY REV 5.25%MD.MDSDEV 5.25 06.30.20551.28%
MONTGOMERY CNTY MD HSG OPPNTYS COMMN MULTIFAMILY HSG & RECONSTR DEV REV 2.8MD.MONMFH 2.85 01.01.20511.02%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%PR.PRCGEN 4.33 07.01.20400.91%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75%PR.PRCGEN 4.75 07.01.20530.88%
MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5.5%MD.MDSMED 5.5 01.01.20460.82%
MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5.25%MD.MDSMED 5.25 08.15.20380.81%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%PR.PRCGEN 5 07.01.20580.80%
MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5.25%MD.MDSMED 5.25 01.01.20370.78%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jul 31, 2025$0.02955Jul 31, 2025
Jun 30, 2025$0.02778Jun 30, 2025
May 30, 2025$0.03051May 30, 2025
Apr 30, 2025$0.02879Apr 30, 2025
Mar 31, 2025$0.0274Mar 31, 2025
Feb 28, 2025$0.02597Feb 28, 2025
Full Dividend History