T. Rowe Price Virginia Tax Free Bond (PRVAX)
| Fund Assets | 1.34B |
| Expense Ratio | 0.55% |
| Min. Investment | $500,000 |
| Turnover | 19.10% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.29% |
| Dividend Growth | 3.39% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 11.11 |
| YTD Return | -0.38% |
| 1-Year Return | -1.24% |
| 5-Year Return | 0.79% |
| 52-Week Low | 10.55 |
| 52-Week High | 11.46 |
| Beta (5Y) | 0.30 |
| Holdings | 381 |
| Inception Date | Apr 30, 1991 |
About PRVAX
The investment seeks to provide, consistent with prudent portfolio management, the highest level of income exempt from federal and Virginia state income taxes by investing primarily in investment-grade Virginia 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 Virginia state income taxes, and at least 80% of the fund's income is expected to be exempt from federal and Virginia state income taxes. It is non-diversified.
Performance
PRVAX had a total return of -1.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.29%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| TFBVX | -i Class | 0.42% |
Top 10 Holdings
12.19% of assets| Name | Symbol | Weight |
|---|---|---|
| FARMVILLE VA INDL DEV AUTH EDL FACS REV 5.375% | VA.FARIDA 5.38 07.01.2053 | 1.63% |
| VIRGINIA SMALL BUSINESS FING AUTH PRIVATE ACTIVITY REV 5% | VA.VASDEV 5 12.31.2056 | 1.55% |
| METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 5% | DC.METAPT 5 10.01.2044 | 1.40% |
| VIRGINIA PORT AUTH COMWLTH PORT FD REV 5.25% | VA.VASTRN 5.25 07.01.2048 | 1.26% |
| HAMPTON RDS VA TRANSN ACCOUNTABILITY COMMN REV 5% | VA.HRDTRN 5 07.01.2048 | 1.23% |
| VIRGINIA COLLEGE BLDG AUTH VA EDL FACS REV 5% | VA.VACHGR 5 03.01.2054 | 1.06% |
| VIRGINIA SMALL BUSINESS FING AUTH REV 4% | VA.VASDEV 4 01.01.2048 | 1.06% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75% | PR.PRCGEN 4.75 07.01.2053 | 1.05% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329% | PR.PRCGEN 4.33 07.01.2040 | 1.01% |
| ARLINGTON CNTY VA INDL DEV AUTH HOSP FAC REV 3.75% | VA.ARLMED 3.75 07.01.2050 | 0.94% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.02928 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03229 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0311 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02939 | Jun 30, 2025 |
| May 30, 2025 | $0.03229 | May 30, 2025 |
| Apr 30, 2025 | $0.03053 | Apr 30, 2025 |