T Rowe Price California Tax-Free Bond Fund I (TCFEX)
10.40
-0.01
(-0.10%)
USD |
Jun 18 2025
Key Stats
Customize
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.43% | 736.53M | -- | 17.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 3.293M | -0.98% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide, consistent with prudent portfolio management, the highest level of income exempt from federal and California state income taxes by investing primarily in investment-grade California municipal bonds. The Fund's dollar-weighted average maturity will usually exceed ten years. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | California Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | California 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:
61
-51.52M
Peer Group Low
76.30M
Peer Group High
1 Year
% Rank:
56
3.293M
-667.71M
Peer Group Low
894.41M
Peer Group High
3 Months
% Rank:
68
-299.65M
Peer Group Low
483.40M
Peer Group High
3 Years
% Rank:
42
-2.645B
Peer Group Low
1.629B
Peer Group High
6 Months
% Rank:
74
-514.79M
Peer Group Low
451.30M
Peer Group High
5 Years
% Rank:
47
-3.694B
Peer Group Low
2.084B
Peer Group High
YTD
% Rank:
83
-367.00M
Peer Group Low
448.80M
Peer Group High
10 Years
% Rank:
60
-3.495B
Peer Group Low
3.026B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of June 20, 2025.
Asset Allocation
As of March 31, 2025.
| Type | % Net |
|---|---|
| Cash | 0.00% |
| Stock | 0.00% |
| Bond | 100.0% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Regents of The University of California 5.5% 15-MAY-2058
|
1.27% | -- | -- |
|
California Community Choice Financing Authority 5% 01-JAN-2056
|
1.24% | -- | -- |
|
California Health Facilities Financing Authority 5% 01-NOV-2047
|
1.13% | -- | -- |
|
California Community Choice Financing Authority 5% 01-FEB-2055
|
1.11% | -- | -- |
|
University of California Los Angeles 3.5% 15-MAY-2054
|
1.02% | -- | -- |
|
California Statewide Communities Development Authority 5.5% 01-DEC-2058
|
1.02% | -- | -- |
|
California Enterprise Development Authority 5.25% 01-NOV-2054
|
0.97% | -- | -- |
|
Puerto Rico Sales Tax Financing Corp 4.75% 01-JUL-2053
|
0.95% | -- | -- |
|
Los Angeles County Facilities Inc 5% 01-DEC-2043
|
0.85% | -- | -- |
|
Chino Valley Unified School District (County of San Bernardino, California) 3.375% 01-AUG-2050
|
0.84% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.37% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 500000.0 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide, consistent with prudent portfolio management, the highest level of income exempt from federal and California state income taxes by investing primarily in investment-grade California municipal bonds. The Fund's dollar-weighted average maturity will usually exceed ten years. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | California Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | California 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 (6-18-25) | 3.57% |
| 30-Day SEC Yield (5-31-25) | 4.04% |
| 7-Day SEC Yield | -- |
| Bond | |
| Yield to Maturity (3-31-25) | 4.19% |
| Average Coupon | 4.72% |
| Calculated Average Quality | 2.653 |
| Effective Maturity | 20.66 |
| Nominal Maturity | 21.43 |
As of March 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 7/6/2017 |
| Last Annual Report Date | 2/28/2025 |
| Last Prospectus Date | 5/1/2025 |
| Share Classes | |
| PRXCX | Direct Sold |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | -- |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Synthetic Replication 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:TCFEX", "name") |
| Broad Asset Class: =YCI("M:TCFEX", "broad_asset_class") |
| Broad Category: =YCI("M:TCFEX", "broad_category_group") |
| Prospectus Objective: =YCI("M:TCFEX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |