TFBIX — T. Rowe Price Maryland Tax-Free Bond Fund
Data updated: 2026-07-28
TFBIX — T. Rowe Price Maryland Tax-Free Bond Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $2.53B AUM · 0.41% expense ratio · 7.9% 1-yr return. From SEC regulatory filings.
TFBIX Fund Overview
TFBIX — T. Rowe Price Maryland Tax-Free Bond Fund is a US mutual fund managed by T. Rowe Price State Tax-Free Funds, Inc., categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: T. Rowe Price State Tax-Free Funds, Inc.
- Category: Long Municipal - National Bond
- Assets under management: $2.53B
- 1-year return: 7.9%
- Ticker: TFBIX
- SEC CIK: 0000795384
- SEC series ID: S000002144
- Share class ID: C000193179
TFBIX Holdings
Top 10 holdings of T. Rowe Price Maryland Tax-Free Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Maryland St Stadium A | 1.75% |
| Md H&h Ed Facs Adventist Hlthcre Ser A | 1.25% |
| Md St Econ Prple Line Lt Rail Ser B Amt | 1.15% |
| Puerto Rico Sales Tax Restruct Ser A-2 | 1.13% |
| Md St Cmnty Hsg & Cmty Dev Ser B | 1.06% |
| Montgomery Cnty Md-AG | 0.97% |
| Pr Sales Tax Fing Sales Tax Rev Ser A1 | 0.83% |
| Montgomery Co. Md Trinity Hlth Cr Gp | 0.83% |
| Washington Dc Met Tran Rev 2nd Lien Sr A | 0.82% |
| Md Hlth & Hgr Ed Fac Auth Rev Edenwald | 0.81% |
TFBIX Portfolio Allocation
Asset-class allocation of T. Rowe Price Maryland Tax-Free Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 98.8% |
TFBIX Performance
Total returns for TFBIX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.1% |
| 1 year | 7.9% |
| 3 years (annualised) | 4.4% |
| 5 years (annualised) | 1.3% |
TFBIX Risk Information
Risk metrics for TFBIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.1%
TFBIX Costs and Fees
TFBIX costs about $41 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.41%
- Gross expense ratio: 0.41%
- Portfolio turnover: 26%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
TFBIX Cashflows
Over the 12 months to 2026-02, T. Rowe Price Maryland Tax-Free Bond Fund had net inflows of $90.26M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $25.68M |
| 2026-01 | $33.82M |
| 2025-12 | $17.07M |
| 2025-11 | $14.82M |
| 2025-10 | $12.06M |
| 2025-09 | $6.38M |
TFBIX Debt Constituents
Largest debt holdings of T. Rowe Price Maryland Tax-Free Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Maryland St Stadium A | 1.75% |
| Md H&h Ed Facs Adventist Hlthcre Ser A | 1.25% |
| Md St Econ Prple Line Lt Rail Ser B Amt | 1.15% |
| Puerto Rico Sales Tax Restruct Ser A-2 | 1.13% |
| Md St Cmnty Hsg & Cmty Dev Ser B | 1.06% |
| Montgomery Cnty Md-AG | 0.97% |
| Pr Sales Tax Fing Sales Tax Rev Ser A1 | 0.83% |
| Montgomery Co. Md Trinity Hlth Cr Gp | 0.83% |
| Washington Dc Met Tran Rev 2nd Lien Sr A | 0.82% |
| Md Hlth & Hgr Ed Fac Auth Rev Edenwald | 0.81% |
TFBIX Prospectus and SEC Filings
Official T. Rowe Price Maryland Tax-Free Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.