TMDXX: T. Rowe Price Maryland Tax-Free Money Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$1.00

-

0.00%

0.41%

Vitals

YTD Return

0.0%

1 yr return

0.0%

3 Yr Avg Return

0.6%

5 Yr Avg Return

0.5%

Net Assets

$88.5 M

Holdings in Top 10

46.7%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING FEES

Expense Ratio 0.41%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$1,000


Fund Classification

Fund Type

Money Market Fund

Investment Style

Money Market-Tax-Free


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$1.00

-

0.00%

0.41%

TMDXX - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 0.6%
  • 5 Yr Annualized Total Return 0.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.24%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    T. Rowe Price Maryland Tax-Free Money Fund
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    Mar 30, 2001
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Douglas Spratley

Fund Description

The fund will invest at least 65% of its total assets in Maryland municipal securities, and at least 80% of the fund's income is expected to be exempt from federal and Maryland State and local income taxes. The fund's weighted average maturity will not exceed 60 calendar days, the fund's weighted average life will not exceed 120 calendar days, and the fund will not purchase any security with a remaining maturity longer than 397 calendar days.


TMDXX - Performance

Return Ranking - Trailing

Period TMDXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 29.36%
1 Yr 0.0% 0.0% 0.7% 60.37%
3 Yr 0.6%* 0.0% 1.1% 62.18%
5 Yr 0.5%* 0.0% 1.0% 73.83%
10 Yr 0.3%* 0.0% 0.5% 73.23%

* Annualized

Return Ranking - Calendar

Period TMDXX Return Category Return Low Category Return High Rank in Category (%)
2020 0.0% 0.0% 0.0% 33.74%
2019 0.0% 0.0% 0.0% 34.18%
2018 0.0% 0.0% 0.0% 29.73%
2017 0.0% 0.0% 0.0% 27.62%
2016 0.0% 0.0% 0.0% 26.76%

Total Return Ranking - Trailing

Period TMDXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 29.36%
1 Yr 0.0% -1.0% 0.7% 59.76%
3 Yr 0.6%* 0.0% 1.1% 62.18%
5 Yr 0.5%* 0.0% 1.0% 73.83%
10 Yr 0.3%* 0.0% 0.5% 73.23%

* Annualized

Total Return Ranking - Calendar

Period TMDXX Return Category Return Low Category Return High Rank in Category (%)
2020 0.0% 0.0% 0.0% 33.74%
2019 0.0% 0.0% 0.0% 34.18%
2018 0.0% 0.0% 0.0% 30.00%
2017 0.0% 0.0% 0.0% 27.88%
2016 0.0% 0.0% 0.0% 27.54%

NAV & Total Return History


TMDXX - Holdings

Concentration Analysis

TMDXX Category Low Category High TMDXX % Rank
Net Assets 88.5 M 29.4 M 19.6 B 95.88%
Number of Holdings 55 1 870 87.06%
Net Assets in Top 10 43.2 M 15 M 19.6 B 96.47%
Weighting of Top 10 46.73% 9.7% 100.0% 10.59%

Top 10 Holdings

  1. MARYLAND ST ECONOMIC DEV CORP REV 0.02% 8.47%
  2. MARYLAND ST TRANSN AUTH PASSENGER FAC CHARGE REV 0.05% 4.71%
  3. MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 0.1% 4.70%
  4. MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 0.02% 4.54%
  5. MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 0.16% 4.40%
  6. MARYLAND ST DEPT TRANSN CONS TRANSN 4% 4.35%
  7. MARYLAND ST CMNTY DEV ADMIN DEPT HSG & CMNTY DEV 0.02% 4.32%
  8. MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 0.1% 4.21%
  9. MARYLAND ST STAD AUTH SPORTS FACS LEASE REV 0.05% 4.11%
  10. MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 0.02% 4.11%

Asset Allocation

Weighting Return Low Return High TMDXX % Rank
Bonds
90.27% 0.00% 98.89% 17.06%
Cash
9.73% 1.11% 100.00% 76.47%
Stocks
0.00% 0.00% 0.00% 33.53%
Preferred Stocks
0.00% 0.00% 0.00% 33.53%
Other
0.00% 0.00% 12.12% 46.47%
Convertible Bonds
0.00% 0.00% 0.00% 33.53%

Bond Sector Breakdown

Weighting Return Low Return High TMDXX % Rank
Municipal
90.27% 0.00% 98.89% 23.53%
Cash & Equivalents
9.73% 1.11% 100.00% 76.47%
Derivative
0.00% 0.00% 0.00% 33.53%
Securitized
0.00% 0.00% 0.00% 33.53%
Corporate
0.00% 0.00% 0.00% 33.53%
Government
0.00% 0.00% 39.58% 37.06%

Bond Geographic Breakdown

Weighting Return Low Return High TMDXX % Rank
US
90.27% 0.00% 98.89% 17.06%
Non US
0.00% 0.00% 0.00% 33.53%

TMDXX - Expenses

Operational Fees

TMDXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.41% 0.12% 1.18% 46.47%
Management Fee 0.19% 0.08% 0.50% 55.88%
12b-1 Fee N/A 0.00% 0.75% 13.16%
Administrative Fee 0.15% 0.03% 0.55% 83.33%

Sales Fees

TMDXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

TMDXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

TMDXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 16.00% N/A

TMDXX - Distributions

Dividend Yield Analysis

TMDXX Category Low Category High TMDXX % Rank
Dividend Yield 0.00% 0.00% 0.00% 33.53%

Dividend Distribution Analysis

TMDXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

TMDXX Category Low Category High TMDXX % Rank
Net Income Ratio 0.24% -0.01% 0.93% 57.99%

Capital Gain Distribution Analysis

TMDXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

TMDXX - Fund Manager Analysis

Managers

Douglas Spratley


Start Date

Tenure

Tenure Rank

Mar 01, 2020

1.5

1.5%

Douglas D. Spratley joined T. Rowe Price in 2008 and became cochairman in 2020. His investment experience dates from 1996. Previously, he was an investment analyst for the Prudential Capital Group. Spratley joined Prudential in 1992. Spratley holds the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 27.14 13.87 27.14