PRMDX Mutual Fund

PRMDX Mutual Fund

NAV$5.12
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Fund Essentials - as of Aug 31, 2026

Net Assets
$59M
Expense Ratio
0.53%
Dividend Yield (Current)
2.31%
Holdings
214
Inception Date
Jan 29, 1993
Fund Family
T.Rowe Price
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD+1.10%
1 Year+1.73%
3 Year+3.16%
5 Year+1.59%
10 Year+1.27%

Asset Allocation

Bonds: 100.00%
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Top Holdings

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TickerNameWeight
-Baltimore Cnty Md 5% 5 02/01/20292.29%
PR PRCGEN 0 07/01/20Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, Rb1.76%
MD MDSDEV 10/01/2036Maryland Economic Development Corp 4.1 10/01/20361.72%
MD MDSTRN 5 09/01/20State Of Maryland Department Of Transportation 5 09/01/20281.67%
-Maryland Health And Higher Educational Facilities Authority, University Of Maryland Medical Systems Revenue Bonds, Series 2020b-21.46%
Top 10 Concentration: 15.55%Report Date: Aug 31, 2026
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Dividend Summary

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Dividend Yield (Current)
2.31%
Frequency
Monthly
Latest Distribution
$0.00
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO

PRMDX Mutual Fund Overview

PRMDX Mutual Fund (T. Rowe Price Maryland Short-Term Municipal Bond Fund Investor Class) is managed by T.Rowe Price with $59.2M in net assets. PRMDX expense ratio is 0.53%, holding 214 positions across sectors including Financials, Real Estate, Industrials. Inception date: 1993-01-29.

PRMDX performance shows a YTD return of 1.10%. The 1-year return is 1.73% and the 5-year return is 1.59%. PRMDX dividend yield stands at 2.31%, paid monthly.

PRMDX top holdings include Baltimore Cnty Md 5% 5 02/01/2029 (2.3%), Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, Rb (1.8%), Maryland Economic Development Corp 4.1 10/01/2036 (1.7%), State Of Maryland Department Of Transportation 5 09/01/2028 (1.7%), Maryland Health And Higher Educational Facilities Authority, University Of Maryland Medical Systems Revenue Bonds, Series 2020b-2 (1.5%). Go to all PRMDX holdings, PRMDX sectors, or PRMDX dividends.

PRMDX can be compared against other funds. Use PRMDX overlap to find shared positions, or PRMDX vs another fund for a side-by-side view. PRMDX alternatives are available via the screener, along with tax-loss harvesting opportunities.