T Rowe Price California Tax-Free Bond Fund I (TCFEX)
10.78
0.00 (0.00%)
USD |
Nov 20 2025
Key Stats
Customize
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.43% | 770.12M | -- | 17.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -35.50M | 2.39% | 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:
46
-35.00M
Peer Group Low
565.35M
Peer Group High
1 Year
% Rank:
70
-35.50M
-561.21M
Peer Group Low
937.53M
Peer Group High
3 Months
% Rank:
76
-95.75M
Peer Group Low
526.18M
Peer Group High
3 Years
% Rank:
50
-1.965B
Peer Group Low
1.487B
Peer Group High
6 Months
% Rank:
62
-155.10M
Peer Group Low
501.29M
Peer Group High
5 Years
% Rank:
55
-3.763B
Peer Group Low
1.786B
Peer Group High
YTD
% Rank:
70
-356.00M
Peer Group Low
889.54M
Peer Group High
10 Years
% Rank:
63
-3.351B
Peer Group Low
2.788B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of November 21, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 0.00% |
| Stock | 0.00% |
| Bond | 99.06% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.94% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 01/01/2056 | 1.31% | 110.34 | -0.00% |
| UNIVERSITY CALIF REVS CA 5.500 05/15/2058 | 1.28% | 102.75 | -0.03% |
| CALIFORNIA HEALTH FACS FING AUTH REV CA 5.000 11/01/2047 | 1.20% | 112.88 | -0.14% |
| LOS ANGELES CALIF UNI SCH DIST CA 5.000 07/01/2045 | 1.17% | 110.32 | -0.08% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 02/01/2055 | 1.16% | 108.17 | -0.16% |
| UNIV CALIF REGTS MED CTR POOLED REV CA 3.500 05/15/2054 | 1.02% | 78.00 | -0.16% |
| SACRAMENTO CALIF MET FIRE DIST CA 4.000 08/01/2052 | 1.02% | -- | -- |
| CALIFORNIA ST ENTERPRISE DEV AUTH LEASE REV CA 5.250 11/01/2054 | 0.98% | 106.97 | 0.27% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV PR 4.750 07/01/2053 | 0.95% | 94.96 | 0.00% |
|
Other Assets less Liabilities
|
0.94% | -- | -- |
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 (11-19-25) | 3.53% |
| 30-Day SEC Yield (10-31-25) | 3.70% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 390 |
| Bond | |
| Yield to Maturity (9-30-25) | 4.13% |
| Effective Duration | -- |
| Average Coupon | 4.73% |
| Calculated Average Quality | 2.622 |
| Effective Maturity | 15.04 |
| Nominal Maturity | 21.15 |
| Number of Bond Holdings | 389 |
As of September 30, 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. |