T. Rowe Price Maryland Tax-Free Bond Fund (MDXBX)
| Fund Assets | 2.28B |
| Expense Ratio | 0.49% |
| Min. Investment | $500,000 |
| Turnover | 17.30% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.50% |
| Dividend Growth | 5.46% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.67 |
| YTD Return | -3.34% |
| 1-Year Return | -2.49% |
| 5-Year Return | -0.97% |
| 52-Week Low | 9.55 |
| 52-Week High | 10.29 |
| Beta (5Y) | 0.27 |
| Holdings | 610 |
| Inception Date | Mar 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.
Performance
MDXBX had a total return of -2.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.01%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| TFBIX | -i Class | 0.41% |
Top 10 Holdings
11.25% of assets| Name | Symbol | Weight |
|---|---|---|
| MARYLAND STADIUM AUTHORITY | MD.MDSFAC 5 05.01.2050 | 1.90% |
| MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION | n/a | 1.30% |
| MARYLAND ECONOMIC DEVELOPMENT CORP | n/a | 1.27% |
| MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY | MD.MDSMED 5.25 07.01.2052 | 1.10% |
| MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY | MD.MDSMED 5 07.01.2045 | 1.05% |
| MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY | MD.MDSMED 5 07.01.2040 | 1.02% |
| MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION | n/a | 1.01% |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE | PR.PRCGEN 4.75 07.01.2053 | 0.92% |
| COUNTY OF BALTIMORE MD | n/a | 0.87% |
| MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY | n/a | 0.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.02778 | Jun 30, 2025 |
| May 30, 2025 | $0.03051 | May 30, 2025 |
| Apr 30, 2025 | $0.02879 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0274 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02597 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02933 | Jan 31, 2025 |