T Rowe Price Maryland Tax-Free Money Fund (TMDXX)
1.00
0.00 (0.00%)
USD |
Apr 10 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.41% | 105.22M | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 833927.0 | 2.11% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide preservation of capital, liquidity, and consistent with these objectives, the highest level of income exempt from Federal and Maryland state and local income taxes. The Fund's weighted average maturity will not exceed 90 days and its share price will be managed to remain stable at $1.00. |
| General | |
| Security Type | Money Market Fund |
| Equity Style | -- |
| Broad Asset Class | Money Market |
| Broad Category | Capital Preservation |
| Global Peer Group | Bond USD Tax Exempt Money Market |
| Peer Group | Other States Tax-Exempt Money Market Fds |
| Global Macro | Bond HC |
| US Macro | Tax-Exempt Money Market Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Other States Tax-Exempt Money Market Fds |
| Fund Owner Firm Name | T. Rowe Price |
| Broad Asset Class Benchmark Index | |
| ^BBUTB13MTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
57
-11.28M
Peer Group Low
68.23M
Peer Group High
1 Year
% Rank:
94
833927.0
833927.0
Peer Group Low
315.51M
Peer Group High
3 Months
% Rank:
19
-22.35M
Peer Group Low
-3.417M
Peer Group High
3 Years
% Rank:
94
-2.325M
Peer Group Low
990.61M
Peer Group High
6 Months
% Rank:
94
1.776M
Peer Group Low
126.19M
Peer Group High
5 Years
% Rank:
94
-1.968M
Peer Group Low
1.101B
Peer Group High
YTD
% Rank:
19
-22.35M
Peer Group Low
-3.417M
Peer Group High
10 Years
% Rank:
94
-41.29M
Peer Group Low
1.678B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of April 13, 2026.
Asset Allocation
As of December 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 |
|---|---|---|---|
| MARYLAND ST ECONOMIC DEV CORP REV MD 2.750 02/15/2043 | 5.46% | 100.00 | 0.00% |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV MD 2.850 07/01/2036 | 4.71% | 100.00 | 0.00% |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV MD 2.800 06/01/2042 | 4.52% | 100.00 | 0.00% |
| MONTGOMERY CNTY MD MD 3.000 11/01/2037 | 4.49% | 100.00 | 0.00% |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV MD 3.500 07/01/2041 | 4.38% | 100.00 | 0.00% |
| HOWARD CNTY MD HSG COMMN REV MD 2.800 12/01/2062 | 4.36% | 100.00 | 0.00% |
| TENDER OPT BD TR RCPTS / CTFS VAR STS DC 07/15/2060 | 4.31% | -- | -- |
| MONTGOMERY CNTY MD REV MD 12/01/2041 | 4.31% | 99.95 | 0.00% |
| MARYLAND ST CMNTY DEV ADMIN DEPT HSG & CMNTY DEV MD 2.830 03/01/2041 | 4.20% | 100.00 | 0.00% |
| TENDER OPT BD TR RCPTS / CTFS VAR STS MD 07/15/2039 | 3.15% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | -- |
| 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 |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide preservation of capital, liquidity, and consistent with these objectives, the highest level of income exempt from Federal and Maryland state and local income taxes. The Fund's weighted average maturity will not exceed 90 days and its share price will be managed to remain stable at $1.00. |
| General | |
| Security Type | Money Market Fund |
| Equity Style | -- |
| Broad Asset Class | Money Market |
| Broad Category | Capital Preservation |
| Global Peer Group | Bond USD Tax Exempt Money Market |
| Peer Group | Other States Tax-Exempt Money Market Fds |
| Global Macro | Bond HC |
| US Macro | Tax-Exempt Money Market Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Other States Tax-Exempt Money Market Fds |
| Fund Owner Firm Name | T. Rowe Price |
| Broad Asset Class Benchmark Index | |
| ^BBUTB13MTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (4-10-26) | 2.16% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield (3-31-26) | 2.06% |
| Number of Holdings | 77 |
| Bond | |
| Yield to Maturity (12-31-25) | -- |
| Effective Duration | -- |
| Average Coupon | -- |
| Calculated Average Quality | -- |
| Effective Maturity | -- |
| Nominal Maturity | -- |
| Number of Bond Holdings | 77 |
As of December 31, 2025
Fund Details
| Key Dates | |
| Launch Date | 3/30/2001 |
| Last Annual Report Date | 2/28/2025 |
| Last Prospectus Date | 5/1/2025 |
| Share Classes | |
| TWNXX | 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% |