4 / 5 Stars
5 5 3 5 2
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
5 / 5 Stars
#1 in Muni Single State Long
U.S. News evaluated 77 Muni Single State Long Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 5.76 percent over the past year, 6.26 percent over the past three years, 6.14 percent over the past five years, and 4.69 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||1.6%|
|3 Years (Annualized)||6.3%|
|5 Years (Annualized)||6.1%|
|10 Years (Annualized)||4.7%|
The investment seeks to provide, consistent with prudent portfolio management, the highest level of income exempt from federal and Maryland state and local income taxes. The fund invests at least 80% of its net assets (including any borrowings for investment purposes) 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 expected to be exempt from federal and Maryland state and local income taxes. While it may buy securities of any maturity, the fund's weighted average maturity is expected to normally exceed 10 years. It is non-diversified.
Fees are Low compared to funds in the same category.
T. Rowe Price Maryland Tax Free Bond Fund has an expense ratio of 0.46 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.