TRMUX — T. Rowe Price Maryland Short-Term Tax-Free Bond Fund
Data updated: 2026-07-28
TRMUX — T. Rowe Price Maryland Short-Term Tax-Free Bond Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Short Municipal - National Bond · $180.40M AUM · 0.43% expense ratio · 3.7% 1-yr return. From SEC regulatory filings.
TRMUX Fund Overview
TRMUX — T. Rowe Price Maryland Short-Term Tax-Free Bond Fund is a US mutual fund managed by T. Rowe Price State Tax-Free Funds, Inc., categorised as Short 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: Short Municipal - National Bond
- Assets under management: $180.40M
- 1-year return: 3.7%
- Ticker: TRMUX
- SEC CIK: 0000795384
- SEC series ID: S000002147
- Share class ID: C000193182
TRMUX Holdings
Top 10 holdings of T. Rowe Price Maryland Short-Term Tax-Free Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Maryland St Dept Of Trans Consol | 2.41% |
| Baltimore Co. -Ref | 2.36% |
| Pr Comwlth Public Impt Ser A1 | 1.98% |
| Pr Sales Tax Fing Sales Tax Rev Ser A1 | 1.79% |
| Maryland St Ser A | 1.73% |
| Md St Dept Transprtn Consol | 1.72% |
| Maryland St Ser A | 1.70% |
| Pr Comwlth Public Impt Ser A1 | 1.61% |
| Md St Dept Of Transprtn Consol | 1.60% |
| Md St H&h Ed Facs Univ Of Md Med S B-2 | 1.51% |
TRMUX Portfolio Allocation
Asset-class allocation of T. Rowe Price Maryland Short-Term Tax-Free Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 99.1% |
TRMUX Performance
Total returns for TRMUX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.0% |
| 1 year | 3.7% |
| 3 years (annualised) | 3.4% |
| 5 years (annualised) | 1.7% |
TRMUX Risk Information
Risk metrics for TRMUX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 1.0%
TRMUX Costs and Fees
TRMUX costs about $43 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.43%
- Gross expense ratio: 0.59%
- Portfolio turnover: 23%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
TRMUX Cashflows
Over the 12 months to 2026-02, T. Rowe Price Maryland Short-Term Tax-Free Bond Fund had net inflows of $22.10M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $3.41M |
| 2026-01 | $1.77M |
| 2025-12 | $4.57M |
| 2025-11 | −$156.17K |
| 2025-10 | $1.21M |
| 2025-09 | $1.32M |
TRMUX Debt Constituents
Largest debt holdings of T. Rowe Price Maryland Short-Term Tax-Free Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Maryland St Dept Of Trans Consol | 2.41% |
| Baltimore Co. -Ref | 2.36% |
| Pr Comwlth Public Impt Ser A1 | 1.98% |
| Pr Sales Tax Fing Sales Tax Rev Ser A1 | 1.79% |
| Maryland St Ser A | 1.73% |
| Md St Dept Transprtn Consol | 1.72% |
| Maryland St Ser A | 1.70% |
| Pr Comwlth Public Impt Ser A1 | 1.61% |
| Md St Dept Of Transprtn Consol | 1.60% |
| Md St H&h Ed Facs Univ Of Md Med S B-2 | 1.51% |
TRMUX Prospectus and SEC Filings
Official T. Rowe Price Maryland Short-Term Tax-Free Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Short 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.