TWNXX Fees and Costs — T. Rowe Price Maryland Tax-Free Money Fund, I Class
Data updated: 2026-05-12
The net expense ratio is 0.24%: a 0.19% management fee plus 0.32% other expenses, less a 0.27% fee waiver. There are no sales loads or redemption fees.
TWNXX Fees and Expenses
Annual operating expenses and sales charges of TWNXX. Prospectus, as of April 24, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.19% |
| 12b-1 fee | — |
| Other expenses | 0.32% |
| Gross expense ratio | 0.51% |
| Fee waiver | −0.27% |
| Net expense ratio | 0.24% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
TWNXX Costs Over Time
On $10,000 invested in TWNXX, assuming 5% a year before costs, total costs come to $152 over 5 years, cutting the return by 0.25% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.24%) | $25 | $79 | $139 |
| Lost growth on money paid in costs | $0 | $4 | $14 |
| Total costs | $25 | $83 | $152 |
| Value after costs | $10,475 | $11,493 | $12,610 |
| Impact on return, per year | 0.25% | 0.25% | 0.25% |
TWNXX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $418.4M
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
TWNXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $257.3M | 62.11% |
| GOLDMAN SACHS & CO. LLC | $43.2M | 10.42% |
| TD Securities Ltd. | $24.8M | 5.98% |
| BARCLAYS CAPITAL INC. | $21.0M | 5.06% |
| RBC Capital Markets, LLC | $20.2M | 4.88% |
| BOFA SECURITIES, INC. | $17.7M | 4.27% |
| MORGAN STANLEY & CO. LLC | $15.8M | 3.82% |
| WELLS FARGO SECURITIES, LLC | $6.6M | 1.60% |
| ACADEMY SECURITIES, INC. | $4.0M | 0.97% |
| Truist Securities, Inc. | $3.7M | 0.90% |
T. Rowe Price Maryland Tax-Free Money Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TWNXX | I Class | 0.24% | — |
| TMDXX | T. Rowe Price Maryland Tax-Free Money Fund | 0.41% | — |
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.