TBGAX Holdings — T. Rowe Price Georgia Tax-Free Bond Fund
Data updated: 2026-07-28
TBGAX holds 312 securities. The top 10 make up 12.8% of net assets, led by Georgia Ports Authority (1.69%) and Coweta County Development Authority (1.47%). 93.2% of the portfolio is in United States. Debt holdings: 312 positions, 98.4% of assets.
Holdings cover 98.78% of net asset value (98.42% of total assets; remainder is cash and receivables). As of May 31, 2026 · N-PORT.
TBGAX Portfolio Holdings
312 holdings of T. Rowe Price Georgia Tax-Free Bond Fund by percentage of net assets, from the fund's SEC N-PORT filing as of May 31, 2026. The 100 largest are listed below; the interactive table on this page lists all 312.
| Holding | Ticker | Sector | % of net assets | Value (USD) |
|---|---|---|---|---|
| Georgia Ports Authority | — | Municipal Bonds | 1.69% | $9.42M |
| Coweta County Development Authority | — | Municipal Bonds | 1.47% | $8.20M |
| Georgia Ports Authority | — | Municipal Bonds | 1.41% | $7.86M |
| Atlanta Development Authority/the | — | Municipal Bonds | 1.40% | $7.80M |
| George L Smith Ii Congress Center Authority | — | Municipal Bonds | 1.35% | $7.53M |
| Metropolitan Atlanta Rapid Transit Authority | — | Municipal Bonds | 1.24% | $6.90M |
| Atlanta Urban Redevelopment Agency | — | Municipal Bonds | 1.11% | $6.21M |
| Private Colleges & Universities Authority | — | Municipal Bonds | 1.07% | $5.97M |
| Development Authority of Rockdale County | — | Municipal Bonds | 1.06% | $5.93M |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue | — | Municipal Bonds | 1.00% | $5.60M |
| Columbia County Hospital Authority/ga | — | Municipal Bonds | 1.00% | $5.55M |
| Municipal Electric Authority of Georgia | — | Municipal Bonds | 0.99% | $5.53M |
| Development Authority for Fulton County | — | Municipal Bonds | 0.98% | $5.48M |
| Development Authority for Fulton County | — | Municipal Bonds | 0.97% | $5.41M |
| Main Street Natural Gas, Inc. | — | Municipal Bonds | 0.96% | $5.34M |
| Georgia Housing & Finance Authority | — | Municipal Bonds | 0.92% | $5.12M |
| County of Columbia Ga Water & Sewerage Revenue | — | Municipal Bonds | 0.91% | $5.08M |
| Municipal Electric Authority of Georgia | — | Municipal Bonds | 0.90% | $5.01M |
| Savannah Hospital Authority | — | Municipal Bonds | 0.90% | $5.00M |
| Cobb County Kennestone Hospital Authority | — | Municipal Bonds | 0.88% | $4.93M |
| City of Atlanta Ga Airport Passenger Facility Charge | — | Municipal Bonds | 0.88% | $4.90M |
| City of Atlanta Ga Department of Aviation | — | Municipal Bonds | 0.88% | $4.90M |
| Gainesville & Hall County Hospital Authority | — | Municipal Bonds | 0.87% | $4.83M |
| Atlanta Development Authority/the | — | Municipal Bonds | 0.86% | $4.77M |
| Fulton County Residential Care Facilities for the Elderly Authority | — | Municipal Bonds | 0.85% | $4.72M |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue | — | Municipal Bonds | 0.82% | $4.57M |
| Glynn-Brunswick Memorial Hospital Authority | — | Municipal Bonds | 0.81% | $4.54M |
| Gainesville & Hall County Hospital Authority | — | Municipal Bonds | 0.81% | $4.53M |
| Georgia Housing & Finance Authority | — | Municipal Bonds | 0.81% | $4.49M |
| Metropolitan Atlanta Rapid Transit Authority | — | Municipal Bonds | 0.78% | $4.36M |
| Brookhaven Development Authority | — | Municipal Bonds | 0.75% | $4.15M |
| Development Authority for Fulton County | — | Municipal Bonds | 0.74% | $4.13M |
| Municipal Electric Authority of Georgia | — | Municipal Bonds | 0.73% | $4.06M |
| Atlanta Development Authority/the | — | Municipal Bonds | 0.70% | $3.91M |
| County of Fulton Ga Water & Sewerage Revenue | — | Municipal Bonds | 0.70% | $3.91M |
| Development Authority for Fulton County | — | Municipal Bonds | 0.70% | $3.88M |
| Georgia State Road & Tollway Authority | — | Municipal Bonds | 0.64% | $3.58M |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue | — | Municipal Bonds | 0.63% | $3.52M |
| Private Colleges & Universities Authority | — | Municipal Bonds | 0.63% | $3.50M |
| Gainesville & Hall County Development Authority | — | Municipal Bonds | 0.63% | $3.49M |
| George L Smith Ii Congress Center Authority | — | Municipal Bonds | 0.62% | $3.44M |
| City of Atlanta Ga Department of Aviation | — | Municipal Bonds | 0.61% | $3.39M |
| Development Authority of Rockdale County | — | Municipal Bonds | 0.60% | $3.34M |
| Georgia Housing & Finance Authority | — | Municipal Bonds | 0.60% | $3.32M |
| Glynn-Brunswick Memorial Hospital Authority | — | Municipal Bonds | 0.59% | $3.28M |
| City of Atlanta Ga Airport Passenger Facility Charge | — | Municipal Bonds | 0.59% | $3.28M |
| City of Atlanta Ga Department of Aviation | — | Municipal Bonds | 0.59% | $3.27M |
| Metropolitan Atlanta Rapid Transit Authority | — | Municipal Bonds | 0.58% | $3.22M |
| Development Authority of Appling County | — | Municipal Bonds | 0.57% | $3.20M |
| Georgia Housing & Finance Authority | — | Municipal Bonds | 0.57% | $3.17M |
| Main Street Natural Gas, Inc. | — | Municipal Bonds | 0.57% | $3.15M |
| Municipal Electric Authority of Georgia | — | Municipal Bonds | 0.56% | $3.14M |
| Metropolitan Atlanta Rapid Transit Authority | — | Municipal Bonds | 0.56% | $3.10M |
| Carroll City-County Hospital Authority | — | Municipal Bonds | 0.56% | $3.10M |
| Atlanta Urban Residential Finance Authority | — | Municipal Bonds | 0.56% | $3.10M |
| Rockdale County Public Facilities Authority | — | Municipal Bonds | 0.56% | $3.10M |
| Atlanta Urban Redevelopment Agency | — | Municipal Bonds | 0.55% | $3.07M |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue | — | Municipal Bonds | 0.55% | $3.06M |
| Main Street Natural Gas, Inc. | — | Municipal Bonds | 0.55% | $3.05M |
| Metropolitan Atlanta Rapid Transit Authority | — | Municipal Bonds | 0.54% | $3.02M |
| Bryan County School District | — | Municipal Bonds | 0.54% | $3.01M |
| Development Authority for Fulton County | — | Municipal Bonds | 0.54% | $3.00M |
| Georgia Housing & Finance Authority | — | Municipal Bonds | 0.54% | $2.99M |
| City of Atlanta Ga Department of Aviation | — | Municipal Bonds | 0.53% | $2.93M |
| Municipal Electric Authority of Georgia | — | Municipal Bonds | 0.52% | $2.92M |
| Clarke County Hospital Authority | — | Municipal Bonds | 0.52% | $2.91M |
| City of Atlanta Ga Department of Aviation | — | Municipal Bonds | 0.51% | $2.84M |
| Development Authority for Fulton County | — | Municipal Bonds | 0.51% | $2.83M |
| Columbia County Hospital Authority/ga | — | Municipal Bonds | 0.50% | $2.78M |
| Georgia Housing & Finance Authority | — | Municipal Bonds | 0.50% | $2.78M |
| City of Atlanta Ga Water & Wastewater Revenue | — | Municipal Bonds | 0.50% | $2.77M |
| Classic Center Authority for Clarke County | — | Municipal Bonds | 0.49% | $2.74M |
| City of Atlanta Ga Airport Passenger Facility Charge | — | Municipal Bonds | 0.47% | $2.63M |
| Commerce School District | — | Municipal Bonds | 0.46% | $2.54M |
| Georgia Housing & Finance Authority | — | Municipal Bonds | 0.45% | $2.53M |
| Brookhaven Development Authority | — | Municipal Bonds | 0.44% | $2.43M |
| Griffin-Spalding County Hospital Authority | — | Municipal Bonds | 0.44% | $2.43M |
| Municipal Electric Authority of Georgia | — | Municipal Bonds | 0.43% | $2.39M |
| Fulton County Residential Care Facilities for the Elderly Authority | — | Municipal Bonds | 0.42% | $2.34M |
| Savannah Hospital Authority | — | Municipal Bonds | 0.41% | $2.31M |
| Bartow County Tax Allocation District No 3 | — | Municipal Bonds | 0.41% | $2.30M |
| Metropolitan Atlanta Rapid Transit Authority | — | Municipal Bonds | 0.40% | $2.23M |
| Georgia State Road & Tollway Authority | — | Municipal Bonds | 0.40% | $2.23M |
| Georgia Housing & Finance Authority | — | Municipal Bonds | 0.40% | $2.22M |
| Georgia Housing & Finance Authority | — | Municipal Bonds | 0.39% | $2.20M |
| City of Atlanta Ga | — | Municipal Bonds | 0.39% | $2.19M |
| City of Atlanta Ga Water & Wastewater Revenue | — | Municipal Bonds | 0.38% | $2.13M |
| Development Authority for Fulton County | — | Municipal Bonds | 0.37% | $2.09M |
| Main Street Natural Gas, Inc. | — | Municipal Bonds | 0.37% | $2.07M |
| Glynn-Brunswick Memorial Hospital Authority | — | Municipal Bonds | 0.37% | $2.07M |
| Columbia County Hospital Authority/ga | — | Municipal Bonds | 0.37% | $2.05M |
| Main Street Natural Gas, Inc. | — | Municipal Bonds | 0.36% | $2.03M |
| Municipal Electric Authority of Georgia | — | Municipal Bonds | 0.36% | $2.02M |
| Private Colleges & Universities Authority | — | Municipal Bonds | 0.36% | $2.01M |
| County of Dekalb Ga Water & Sewerage Revenue | — | Municipal Bonds | 0.36% | $2.01M |
| Main Street Natural Gas, Inc. | — | Municipal Bonds | 0.36% | $2.00M |
| Clarke County Hospital Authority | — | Municipal Bonds | 0.36% | $2.00M |
| Metropolitan Atlanta Rapid Transit Authority | — | Municipal Bonds | 0.36% | $2.00M |
| County of Dekalb Ga Water & Sewerage Revenue | — | Municipal Bonds | 0.36% | $2.00M |
| Cobb-Marietta Coliseum & Exhibit Hall Authority | — | Municipal Bonds | 0.36% | $1.99M |
TBGAX Sector Allocation
T. Rowe Price Georgia Tax-Free Bond Fund holdings grouped by sector, by share of the portfolio's market value.
| Sector | Weight | Holdings |
|---|---|---|
| Municipal Bonds | 100.0% | 312 |
TBGAX Country Allocation
Where T. Rowe Price Georgia Tax-Free Bond Fund's holdings are domiciled, by percentage of net assets (largest 2).
| Country | % of net assets |
|---|---|
| United States | 93.2% |
| Puerto Rico | 5.6% |
TBGAX Portfolio Allocation
Asset-class allocation of T. Rowe Price Georgia Tax-Free Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 98.8% |
TBGAX Debt Constituents
Largest debt holdings of T. Rowe Price Georgia Tax-Free Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Georgia St Ports Auth | 1.69% |
| Coweta Co. Ga Dev Auth Fwd Piedmont Hlth | 1.47% |
| Georgia St Ports Auth | 1.41% |
| Atlanta Ga Dev Auth Snr Lien Rev Ser A-1 | 1.40% |
| Geo Smith Ii Ga Conv Ctr Auth Htl Ser A | 1.35% |
| Metro Atl Ga Rta Sales Tax Rev Ser C | 1.24% |
| Atl Urban Beltline Trail Prj Bam 144a | 1.11% |
| Pvt Clg Univ Auth-A | 1.07% |
| Rockdale Cnty Ga Dev 144a Amt | 1.06% |
| Pr Sales Tax Fing Sales Tax Rev Ser A1 | 1.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.