Mutual Fund Insights: T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX)

In-depth Analysis of T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX)

3 months 6 months 1 year 3 year 5 year

See T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX) performance details as of February 28, 2010

  

Last Trade: $5.26 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Charles B. Hill

Fund Manager Tenure: 15.1 years
Fundmojo Fund Grade: D (Score: 0.48)     (What does this score mean?)

Charles B. Hill is a chairman and portfolio manager with T. Rowe Price Associates, his employer since 1991. Prior to joining the firm, Charles B. Hill was a portfolio manager with Riggs Investment Management from 1986 to 1991. Previously, Charles B. Hill was an accountant with Johnston, Lemon & Co.  Get more insights on Charles B. Hill

  

 What we like about T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX)

Data for T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX) as of February 28, 2010

• T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX) management has been with T. Rowe Price MD Short-Term Tax-Free Fund for 15.1 years
• T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX) ratio of up-years vs down years is greater than 2
• T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX) is less volatile than its peers as it has a 3-year Standard Deviation of 1.77, lower than category average of 3.48
• T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX) has a lower management fee than its Muni Single State Short average: 0.58% vs 0.84%
• T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX)

Data for T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX) as of February 28, 2010

• T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX) has a less-than-ideal short-term performance (1-year return 2.61% vs 4.84 % Muni Single State Short category average)
• T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX) has a less-than-ideal mid-term performance (3-year return 3.54% vs 3.98 % Muni Single State Short category average)
• T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX) has a less-than-ideal Long-term performance (5-year return 3.06% vs 3.33 % Muni Single State Short category average)
• T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX) has a Morningstar rating of 3 and below
• T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX) is less safe compared to its Muni Single State Short peers
• T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX) has an annual stock turnover rate of 23.00% that is higher than the Muni Single State Short average of 15.73%. This could mean T. Rowe Price MD Short-Term Tax-Free is more nimble, but also signal potential high tax impact and high trading fees

See T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX) performance details as of February 28, 2010

  

  

Interested in other top mutual funds in similar Muni Single State Short category?

Below are some additional Muni Single State Short mutual funds generated out of our database

• See top fund managers for Muni Single State Short Category Funds
• Browse other funds in Muni Single State Short Category

  

T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX) Net Asset

Track net asset change of T. Rowe Price MD Short-Term Tax-Free fund (PRMDX)

Date	Net Asset
02/2010	$268.00M
01/2010	$265.18M
11/2009	$261.71M

More historic net asset information on T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX)

  

T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX) Portfolio Allocation

Track portfolio allocation change of T. Rowe Price MD Short-Term Tax-Free fund (PRMDX)

Date	Cash	Stock	Bond	Other
09/2009	36.07%	0%	63.93%	0%
06/2009	34.54%	0%	65.46%	0%
03/2009	26.83%	0%	73.17%	0%

Click here to see more historic asset allocation information on T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX)

  

Most Recent Top 10 Holdings in T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX)

Discover what T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX) manager is buying

30-Sep-09 MARYLAND ST ECONOMIC DEV CORP REV BDS [3.23%] Baltimore Cnty Md Met Dist 5% [3.03%] Maryland St Health & Higher Ed Rev 6.75% [2.83%] Montgomery Cnty Md Consolida 5% [2.67%] Maryland St Go Bds 5% [2.35%] Maryland St Dept Transn Cons T Consld 5% [2.32%] Maryland St Health & Higher Ed Rev Bd 5% [2.31%] Maryland St Health & Higher Ed Rev B 10% [2.04%] Baltimore Md Cons Pub 7% [1.97%] Maryland St Go Bds 5% [1.89%]

30-Jun-09 Maryland St Econ Dev Corp Rev Bds 7.75% [3.48%] Baltimore Cnty Md Met Dist 5% [3.21%] Maryland St Health & Higher Ed Rev 6.75% [3.03%] Montgomery Cnty Md Consolida 5% [2.84%] Maryland St Go Bds 5% [2.49%] Maryland St Dept Transn Cons T Consld 5% [2.46%] Maryland St Health & Higher Ed Rev Bd 5% [2.39%] Baltimore Md Cons Pub 7% [2.1%] Maryland St Go Bds 5% [1.99%] Maryland St Health & Higher Ed Rev Bd 5% [1.61%]

31-Mar-09 Maryland St Econ Dev 7.75% [3.83%] BALTIMORE CNTY MD FOR PREVIOUS MET DIST [3.5%] Maryland St Health & Higher Ed Rev 6.75% [3.32%] MONTGOMERY CNTY MD CONSOLIDA [3.09%] Maryland St Dept Transn Cons T Consld 5% [2.68%] Maryland St Go Bds 5% [2.64%] Maryland St Health & Higher Ed Rev Bd 5% [2.6%] Baltimore Md Cons Pub 7% [2.3%] Maryland St Go Bds 5% [2.17%] Prince Georges Cnty Md Solid W Ref Bd 5% [1.54%]

Click here for Stock Holding Change Map in T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX)

  

Related books and products to T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX)

  

Latest News on T. Rowe Price MD Short-Term Tax-Free (PRMDX)

See what is happening with T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX)

Yahoo! Finance: RSS feed not found See more news on T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX)

 

Books and Resources

 

 

See more information on T. Rowe Price MD Short-Term Tax-Free Fund (PRMDX)

• T. Rowe Price MD Short-Term Tax-Free Fund Insights
• T. Rowe Price MD Short-Term Tax-Free Fund Performance Data
• T. Rowe Price MD Short-Term Tax-Free Fund News
• T. Rowe Price MD Short-Term Tax-Free Fund Score Explaination
• T. Rowe Price MD Short-Term Tax-Free Fund Manager Information
• Historic T. Rowe Price MD Short-Term Tax-Free Fund Asset Allocation Report
• Historic T. Rowe Price MD Short-Term Tax-Free Fund Top 10 Holding Tracking
• Historic T. Rowe Price MD Short-Term Tax-Free Fund Asset Under Management Tracking