T Rowe Price Maryland Municipal Bond Fund (MDXBX)
9.86
0.00 (0.00%)
USD |
Sep 04 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.49% | 2.508B | -- | 26.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 141.69M | 4.51% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide 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's dollar-weighted average maturity will usually exceed 15 years. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Maryland Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Maryland Municipal Debt Funds |
| Fund Owner Firm Name | T. Rowe Price |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
8
-5.699M
Peer Group Low
8.610M
Peer Group High
1 Year
% Rank:
8
141.69M
-19.85M
Peer Group Low
141.69M
Peer Group High
3 Months
% Rank:
8
-5.047M
Peer Group Low
31.63M
Peer Group High
3 Years
% Rank:
8
-33.50M
Peer Group Low
133.67M
Peer Group High
6 Months
% Rank:
8
-6.412M
Peer Group Low
65.30M
Peer Group High
5 Years
% Rank:
98
-213.59M
Peer Group Low
35.68M
Peer Group High
YTD
% Rank:
8
-7.777M
Peer Group Low
112.24M
Peer Group High
10 Years
% Rank:
66
-255.87M
Peer Group Low
65.64M
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of September 05, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | 0.00% |
| Stock | 0.00% |
| Bond | 99.53% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.47% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| MARYLAND ST STAD AUTH REV MD 5.000 05/01/2050 | 1.76% | 102.52 | -0.13% |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV MD 5.500 01/01/2046 | 1.24% | 100.84 | 5.05% |
| MARYLAND ST ECONOMIC DEV CORP PRIVATE ACTIVITY REV MD 5.250 06/30/2055 | 1.15% | 98.57 | 0.00% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV PR 4.329 07/01/2040 | 1.12% | 97.33 | -0.09% |
| MARYLAND ST CMNTY DEV ADMIN DEPT HSG & CMNTY DEV MD 3.000 09/01/2051 | 1.05% | 95.64 | 0.00% |
| MONTGOMERY CNTY MD HSG OPPTYS COMMN MULTIFAMILY HSG DEV REV MD 2.850 01/01/2051 | 1.00% | 67.51 | 0.00% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV PR 4.750 07/01/2053 | 0.94% | 93.26 | 0.00% |
| MONTGOMERY CNTY MD REV MD 4.000 12/01/2044 | 0.84% | 87.58 | -0.10% |
| WASHINGTON D C MET AREA TRAN AUTH DEDICATED REV DC 5.250 07/15/2053 | 0.81% | 101.88 | 0.00% |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV MD 5.250 01/01/2037 | 0.80% | 99.00 | -0.01% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.32% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 2500.00 None |
| Minimum Subsequent Investment | 100.00 None |
TTM Distributions
| Type | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of August 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks to provide 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's dollar-weighted average maturity will usually exceed 15 years. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Maryland Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Maryland Municipal Debt Funds |
| Fund Owner Firm Name | T. Rowe Price |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (9-4-26) | 3.64% |
| 30-Day SEC Yield (7-31-26) | 3.86% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 662 |
| Bond | |
| Yield to Maturity (6-30-26) | 3.95% |
| Effective Duration | -- |
| Average Coupon | 4.64% |
| Calculated Average Quality | 2.613 |
| Effective Maturity | 13.14 |
| Nominal Maturity | 18.97 |
| Number of Bond Holdings | 661 |
As of June 30, 2026
Fund Details
| Key Dates | |
| Inception Date | 3/31/1987 |
| Last Annual Report Date | 2/28/2026 |
| Last Prospectus Date | 5/1/2026 |
| Share Classes | |
| TFBIX | Inst |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:MDXBX", "name") |
| Broad Asset Class: =YCI("M:MDXBX", "broad_asset_class") |
| Broad Category: =YCI("M:MDXBX", "broad_category_group") |
| Prospectus Objective: =YCI("M:MDXBX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |