T. Rowe Price MD Short-Term Tax-Free 100 East Pratt Street Baltimore MD 21202 Map
Phone: 800-638-5660
| Category: | Muni Single State Short | | Fund Family: | T. Rowe Price | | Net Assets: | 169.53M | | Year-to-Date Return: | 2.29% | | Yield: | 3.01% | | Morningstar Rating: |  | | Fund Inception Date: | 29-Jan-93 |
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Charles B. Hill
Lead Manager since
31-Jan-95 | | | Hill is a chairman and portfolio manager with T. Rowe Price Associates, his employer since 1991. Prior to joining the firm, he was a portfolio manager with Riggs Investment Management from 1986 to 1991. Previously, he was an accountant with Johnston, Lemon & Co. |
| Min Initial Investment: | $2,500 | | Min Initial Investment, IRA: | $1,000 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | $50 | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks to provide the highest level of income exempt from federal and Maryland state and local income taxes consistent with modest fluctuation in principal value. The fund normally invests at least 80% of assets in bonds that pay interest exempt from federal and Maryland state and local income taxes, and at least 80% of the fund's income is exempt from federal and Maryland state and local income taxes. Its weighted average maturity does not exceed three years, but there is no maturity limit on individual securities. It is nondiversified. |
| Last Dividend
(31-Oct-08):
| 0.01 | | Last Cap Gain
| N/A | | Annual Holdings Turnover
| 29.00% | | Average for Category:
| 22.37% |
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| Expense | PRMDX | Category Avg | | Total Expense Ratio: | 0.59%
| 1.07% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 4.45% | | Max Deferred Sales Load: | 0.00%
| 3.20% | | 3 Yr Expense Projection*: |
$189 | $605 | | 5 Yr Expense Projection*: |
$329 | $912 | | 10 Yr Expense Projection*: |
$738 | $1,809 |
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