T. Rowe Price Maryland S/T Municipal I (TRMUX)

Fund Assets	181.17M
Expense Ratio	0.43%
Min. Investment	$500,000
Turnover	22.90%
Dividend (ttm)	0.14
Dividend Yield	2.67%
Dividend Growth	2.95%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	5.15
YTD Return	0.70%
1-Year Return	1.66%
5-Year Return	7.40%
52-Week Low	5.14
52-Week High	5.20
Beta (5Y)	0.01
Holdings	202
Inception Date	Jul 6, 2017

About TRMUX

T. Rowe Price Maryland Short-Term Tax-Free Bond Fund is a municipal bond mutual fund designed to provide investors with income exempt from both federal and Maryland state and local income taxes. Its primary function is to invest at least 80% of its net assets in high-quality, investment-grade municipal bonds issued by the state of Maryland and its local government entities. The fund targets a short-term profile, maintaining a weighted average maturity typically between one and three years, which helps to limit interest rate risk and contribute to modest fluctuations in principal value. Key sectors impacted include public infrastructure, transportation, housing, and various local government projects across Maryland, as reflected in the fund's diversified municipal holdings. The fund pays monthly dividends, appealing to investors seeking regular tax-advantaged income, and operates with a below-average risk profile compared to peers in its category. T. Rowe Price Maryland Short-Term Tax-Free Bond Fund plays a significant role for Maryland-based investors or those with Maryland tax exposure seeking preservation of capital and stable tax-exempt cash flow through municipal fixed income.

• Fund Family: T. Rowe Price
• Category: Muni Single State Short
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: TRMUX
• Share Class: -i Class
• Index: Bloomberg Municipal 1-3 Y TR

Performance

TRMUX had a total return of 1.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.38%.

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.01205	Jul 31, 2026
Jun 30, 2026	$0.01104	Jun 30, 2026
May 29, 2026	$0.01139	May 29, 2026
Apr 30, 2026	$0.01107	Apr 30, 2026
Mar 31, 2026	$0.01121	Mar 31, 2026
Feb 27, 2026	$0.01049	Feb 27, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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