T Rowe Price Maryland Short-Term Muni Bond Fund I (TRMUX)
5.15
0.00 (0.00%)
USD |
Aug 25 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.43% | 182.85M | -- | 23.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 7.965M | 2.07% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide the highest level of income exempt from both federal and Maryland State and local income taxes consistent with modest fluctuation in principal value. The Funds dollar weighted average maturity will range between one and three years, but there is no maturity limit on individual securities. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short 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
-55.30M
Peer Group Low
385.11M
Peer Group High
1 Year
% Rank:
55
7.965M
-485.45M
Peer Group Low
2.771B
Peer Group High
3 Months
% Rank:
73
-408.52M
Peer Group Low
875.84M
Peer Group High
3 Years
% Rank:
37
-1.233B
Peer Group Low
4.209B
Peer Group High
6 Months
% Rank:
62
-431.73M
Peer Group Low
905.60M
Peer Group High
5 Years
% Rank:
25
-7.295B
Peer Group Low
4.777B
Peer Group High
YTD
% Rank:
68
-457.84M
Peer Group Low
970.43M
Peer Group High
10 Years
% Rank:
47
-4.995B
Peer Group Low
3.013B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of August 26, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | 0.00% |
| Stock | 0.00% |
| Bond | 100.4% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -0.36% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| MARYLAND ST DEPT TRANSN CONS TRANSN MD 5.000 09/01/2029 | 2.41% | 102.28 | -0.01% |
| BALTIMORE CNTY MD MD 5.000 02/01/2029 | 2.36% | 105.84 | -0.01% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV PR 0.000 07/01/2029 | 1.80% | 91.25 | 0.01% |
| MARYLAND ST DEPT TRANSN CONS TRANSN MD 5.000 09/01/2028 | 1.72% | 102.50 | -0.01% |
| MARYLAND ST MD 5.000 08/01/2029 | 1.70% | 102.10 | -0.01% |
| PUERTO RICO COMWLTH PR 5.625 07/01/2029 | 1.64% | 105.58 | -0.01% |
| MARYLAND ST DEPT TRANSN CONS TRANSN MD 5.000 10/01/2027 | 1.60% | 100.24 | -0.01% |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV MD 5.000 07/01/2045 | 1.51% | 100.79 | -0.01% |
| PRINCE GEORGES CNTY MD MD 5.000 07/01/2029 | 1.49% | 106.47 | -0.00% |
| MARYLAND ST DEPT TRANSN CONS TRANSN MD 5.000 11/01/2027 | 1.46% | 102.99 | -0.01% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.22% |
| 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 | 500000.0 None |
| Minimum Subsequent Investment | 0.00 None |
Projected Income
| Type | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of July 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks to provide the highest level of income exempt from both federal and Maryland State and local income taxes consistent with modest fluctuation in principal value. The Funds dollar weighted average maturity will range between one and three years, but there is no maturity limit on individual securities. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short 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 (8-25-26) | 2.67% |
| 30-Day SEC Yield (7-31-26) | 2.50% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 202 |
| Bond | |
| Yield to Maturity (6-30-26) | 2.68% |
| Effective Duration | -- |
| Average Coupon | 4.71% |
| Calculated Average Quality | 2.248 |
| Effective Maturity | 2.532 |
| Nominal Maturity | 3.479 |
| Number of Bond Holdings | 201 |
As of June 30, 2026
Fund Details
| Key Dates | |
| Inception Date | 7/6/2017 |
| Last Annual Report Date | 2/28/2026 |
| Last Prospectus Date | 5/1/2026 |
| Share Classes | |
| PRMDX | Direct Sold |
| 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:TRMUX", "name") |
| Broad Asset Class: =YCI("M:TRMUX", "broad_asset_class") |
| Broad Category: =YCI("M:TRMUX", "broad_category_group") |
| Prospectus Objective: =YCI("M:TRMUX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |