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Maryland Short-term Tax-free Bond Fund: (MF: PRMDX)

(NASDAQ Mutual Funds) As of Apr 2, 2026 05:40 PM ET

$5.15 USD

0.00 (NA)

Zacks MF Rank

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Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

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5-Strong Sell of 5         5

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Zacks Premium Research for PRMDX

Zacks MF Rank

This is our Mutual Fund rating system that serves as a timeliness indicator for Mutual Fund's over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

Zacks Mutual Fund Rank FAQ - Learn more about the Zacks Mutual Fund Rank
Zacks Mutual Fund Rank Home - All Zacks Rank resources in one place
Zacks Premium - The only way to get access to the Zacks Rank

Strong Sell 5
MF Report

Fund Description

T. Rowe Price Maryland Short-Term Tax-Free Bond was incepted in January 1993 and is managed by the T.Rowe Price Associates. The objective of the fund is 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 invests at least 80% of net assets in Maryland municipal bonds. The fund's weighted average maturity will not exceed three years, but there is no maturity limit or individual securities. The fund declares dividends on the first business day of each month. Capital gains are declared in December.

Load Information

Ticker Max
Load %
Deferred
Load %
Red.
Fee %
12B-1
Fee %
Mgmt
Fee %
Expense
Ratio %
T. Rowe Price MD Sh-Term T/F PRMDX NA NA 0.00 0.00 0.38 0.53

Return Data

Ticker Nav Inception Date % yield 1 year return 2 year return 3 year return
T. Rowe Price MD Sh-Term T/F PRMDX 5.15 1/29/1993 2.54 3.39 3.25 1.54

Investment Information

Ticker Minimum Initial Investment ($) Minimum Subsequent Investment ($) Minimum Initial IRA ($) Dividend Frequency
T. Rowe Price MD Sh-Term T/F PRMDX 2500 100 1000 M

Contact Information

Family T. Rowe Price
Address 100 E Pratt Street
Baltimore, MD 21202
Phone 800 225-5132