T. Rowe Price Maryland Tax-Free Bond Fund (MDXBX)
Stock analysis · NASDAQ · Financial Services · Asset Management - Bonds
T. Rowe Price Maryland Tax-Free Bond Fund (MDXBX) is a publicly traded company in the Financial Services sector. Latest price: $9.76. Market cap $2.40B. Sign in to Stocks360 for full DCF valuation, fundamentals, technicals, and AI-driven analysis.
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Proprietary Signals
About T. Rowe Price Maryland Tax-Free Bond Fund
This fund endeavors to generate the highest possible income that is exempt from federal, Maryland state, and local income taxes, all while adhering to sound portfolio management principles. It primarily achieves this objective by investing in high-quality municipal bonds issued within Maryland. Under normal market circumstances, the fund is committed to ensuring that a minimum of 80% of its net assets (including any funds borrowed for investment) are allocated to bonds that offer interest free from federal, Maryland state, and local income taxes. Similarly, at least 80% of the income produced by the fund is expected to be exempt from these same federal, state, and local taxes. This portfolio is considered non-diversified.
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