Frequently Asked Questions About PRXCX

What are the top holdings of PRXCX?

A machine-readable holdings disclosure for T. Rowe Price California Tax-Free Bond Fund (PRXCX) is not available from our data sources. Fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.

What sectors does PRXCX invest in?

T. Rowe Price California Tax-Free Bond Fund (PRXCX) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.

What sector is PRXCX most exposed to?

PRXCX's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.

Is PRXCX a US-only fund?

The country allocation card on this page shows PRXCX's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.

What does PRXCX invest in?

Under typical market conditions, this fund is designed to invest at least 80% of its total net assets (which includes any borrowed money used for investment) in bonds that offer interest income free from both federal and California state income taxes. The fund anticipates that a minimum of 80% of the income it generates will also be exempt from these federal and California state income taxes.

PRXCX

T. Rowe Price California Tax-Free Bond Fund

NASDAQ·Asset Management, Bonds · Financial Services

$10.27$0.02+0.20%

Market closed·Oct 23 4:00 PM EDT

Portfolio as of February 28, 2026, from the fund's SEC Form N-PORT filing. Funds disclose holdings quarterly, with a ~60-day publication delay. Sector breakdowns aren't part of this filing, so none is shown.

Top Holdings

384

holdings

13013JFW1
CA CMTY CHOICE AUTH CLEAN ENGY PJ SR H
1.26%
91412HDF7
UNIV OF CALI CA ST REV SER O
1.25%
544647KU3
LA CA UNIF SCH DIST ELCTN OF 2024-SR A-1
1.17%
13032UMP0
CA HLTH FACS KAISER PERMANENTE SUBSER A2
1.15%
13013JFD3
CA CMTY CHOICE AUTH CLEAN ENGY PJ
1.13%
13032UB31
CA ST HLTH FACS CEDARS SINAI SER A
1.12%
785880BE4
SACRAMENTO MET FIRE-A
1.01%
913366KU3
UNIV OF CA REGENTS MED CNTR REV SER P
1.01%
13067VBS2
CA ST ENTP DEV AUTH LEASE REV SR A
0.96%
74529JPW9
PR SALES TAX FING SALES TAX REV SER A1
0.95%
Other
374 more holdings
88.54%

Top 10 holdings

10.99%

Top 25 holdings

22.17%

Concentration index

0.0048

Effective holdings

209

Chart tools

Open Top Holdings in Chart Builder to fine-tune colors, labels, and timeframe, then download a high-res PNG.

All Holdings (384)

#	TickerHolding	Name	Weight	Shares	Market Value
1	13013JFW113013JFW1CA CMTY CHOICE AUTH CLEAN ENGY PJ SR H	CA CMTY CHOICE AUTH CLEAN ENGY PJ SR H	1.26%	8.88M	$9.90M
2	91412HDF791412HDF7UNIV OF CALI CA ST REV SER O	UNIV OF CALI CA ST REV SER O	1.25%	9.50M	$9.80M
3	544647KU3544647KU3LA CA UNIF SCH DIST ELCTN OF 2024-SR A-1	LA CA UNIF SCH DIST ELCTN OF 2024-SR A-1	1.17%	8.25M	$9.18M
4	13032UMP013032UMP0CA HLTH FACS KAISER PERMANENTE SUBSER A2	CA HLTH FACS KAISER PERMANENTE SUBSER A2	1.15%	8.00M	$9.00M
5	13013JFD313013JFD3CA CMTY CHOICE AUTH CLEAN ENGY PJ	CA CMTY CHOICE AUTH CLEAN ENGY PJ	1.13%	8.00M	$8.85M
6	13032UB3113032UB31CA ST HLTH FACS CEDARS SINAI SER A	CA ST HLTH FACS CEDARS SINAI SER A	1.12%	11.68M	$8.78M
7	785880BE4785880BE4SACRAMENTO MET FIRE-A	SACRAMENTO MET FIRE-A	1.01%	8.28M	$7.90M
8	913366KU3913366KU3UNIV OF CA REGENTS MED CNTR REV SER P	UNIV OF CA REGENTS MED CNTR REV SER P	1.01%	9.45M	$7.88M
9	13067VBS213067VBS2CA ST ENTP DEV AUTH LEASE REV SR A	CA ST ENTP DEV AUTH LEASE REV SR A	0.96%	7.00M	$7.50M
10	74529JPW974529JPW9PR SALES TAX FING SALES TAX REV SER A1	PR SALES TAX FING SALES TAX REV SER A1	0.95%	7.65M	$7.44M
11	169583KC4169583KC4CHINO VLY CA UNIF SCH DIST SER B AGM	CHINO VLY CA UNIF SCH DIST SER B AGM	0.85%	7.95M	$6.67M
12	15569DAA015569DAA0CENTRL VLY CA ENERGY COMMODITY SPLY REV	CENTRL VLY CA ENERGY COMMODITY SPLY REV	0.85%	6.00M	$6.66M
13	13013JAP113013JAP1CA CMTY CHOICE AUTH PROJ SER B-1	CA CMTY CHOICE AUTH PROJ SER B-1	0.79%	6.00M	$6.23M
14	798136VU8798136VU8SAN JOSE CA ARPT REV AMT SER A	SAN JOSE CA ARPT REV AMT SER A	0.79%	6.17M	$6.20M
15	130489AB3130489AB3CA ST MUNI FIN AUTH TERRY MANOR SER A	CA ST MUNI FIN AUTH TERRY MANOR SER A	0.79%	5.90M	$6.18M
16	13013JDB913013JDB9CA CMTY CHOICE AUTH PROJ SER E-1	CA CMTY CHOICE AUTH PROJ SER E-1	0.76%	5.50M	$5.95M
17	801283HT2801283HT2SANTA BARBARA CCD-A	SANTA BARBARA CCD-A	0.74%	5.00M	$5.81M
18	79739GTD879739GTD8SAN DIEGO CO REGL-B AMT	SAN DIEGO CO REGL-B AMT	0.73%	5.45M	$5.76M
19	13048VBY313048VBY3CALIFORNIA ST MUNI FIN REV SER A AMT	CALIFORNIA ST MUNI FIN REV SER A AMT	0.71%	5.50M	$5.59M
20	492244FZ6492244FZ6KERN CA CMNTY CLG DIST ELECT 2016 SER C	KERN CA CMNTY CLG DIST ELECT 2016 SER C	0.71%	6.75M	$5.56M

Showing 20 of 384

Sectors

The fund issuer's factsheet may carry this breakdown directly.

Countries

countries

United States
95.65%
Puerto Rico
3.88%

Top 3 countries

99.53%

Top 5 countries

99.53%

Concentration index

0.9251

Effective countries

Chart tools

Open Country Allocation in Chart Builder to fine-tune colors, labels, and timeframe, then download a high-res PNG.

Asset Classes

Primary asset class

Fixed income

Strategy

Actively Managed

Income strategy

Bond yield

Issuer-reported asset class: Bond

Frequently Asked Questions About PRXCX

What are the top holdings of PRXCX?: A machine-readable holdings disclosure for T. Rowe Price California Tax-Free Bond Fund (PRXCX) is not available from our data sources. Fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.
What sectors does PRXCX invest in?: T. Rowe Price California Tax-Free Bond Fund (PRXCX) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
What sector is PRXCX most exposed to?: PRXCX's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
Is PRXCX a US-only fund?: The country allocation card on this page shows PRXCX's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
What does PRXCX invest in?: Under typical market conditions, this fund is designed to invest at least 80% of its total net assets (which includes any borrowed money used for investment) in bonds that offer interest income free from both federal and California state income taxes. The fund anticipates that a minimum of 80% of the income it generates will also be exempt from these federal and California state income taxes.

TickerHolding

Name

Weight

Market Value

13013JFW113013JFW1CA CMTY CHOICE AUTH CLEAN ENGY PJ SR H

CA CMTY CHOICE AUTH CLEAN ENGY PJ SR H

1.26%

8.88M

$9.90M

91412HDF791412HDF7UNIV OF CALI CA ST REV SER O

UNIV OF CALI CA ST REV SER O

1.25%

9.50M

$9.80M

544647KU3544647KU3LA CA UNIF SCH DIST ELCTN OF 2024-SR A-1

LA CA UNIF SCH DIST ELCTN OF 2024-SR A-1

1.17%

8.25M

$9.18M

13032UMP013032UMP0CA HLTH FACS KAISER PERMANENTE SUBSER A2

CA HLTH FACS KAISER PERMANENTE SUBSER A2

1.15%

8.00M

$9.00M

13013JFD313013JFD3CA CMTY CHOICE AUTH CLEAN ENGY PJ

CA CMTY CHOICE AUTH CLEAN ENGY PJ

1.13%

8.00M

$8.85M

13032UB3113032UB31CA ST HLTH FACS CEDARS SINAI SER A

CA ST HLTH FACS CEDARS SINAI SER A

1.12%

11.68M

$8.78M

785880BE4785880BE4SACRAMENTO MET FIRE-A

SACRAMENTO MET FIRE-A

1.01%

8.28M

$7.90M

913366KU3913366KU3UNIV OF CA REGENTS MED CNTR REV SER P

UNIV OF CA REGENTS MED CNTR REV SER P

1.01%

9.45M

$7.88M

13067VBS213067VBS2CA ST ENTP DEV AUTH LEASE REV SR A

CA ST ENTP DEV AUTH LEASE REV SR A

0.96%

7.00M

$7.50M

74529JPW974529JPW9PR SALES TAX FING SALES TAX REV SER A1

PR SALES TAX FING SALES TAX REV SER A1

0.95%

7.65M

$7.44M

169583KC4169583KC4CHINO VLY CA UNIF SCH DIST SER B AGM

CHINO VLY CA UNIF SCH DIST SER B AGM

0.85%

7.95M

$6.67M

15569DAA015569DAA0CENTRL VLY CA ENERGY COMMODITY SPLY REV

CENTRL VLY CA ENERGY COMMODITY SPLY REV

0.85%

6.00M

$6.66M

13013JAP113013JAP1CA CMTY CHOICE AUTH PROJ SER B-1

CA CMTY CHOICE AUTH PROJ SER B-1

0.79%

6.00M

$6.23M

798136VU8798136VU8SAN JOSE CA ARPT REV AMT SER A

SAN JOSE CA ARPT REV AMT SER A

0.79%

6.17M

$6.20M

130489AB3130489AB3CA ST MUNI FIN AUTH TERRY MANOR SER A

CA ST MUNI FIN AUTH TERRY MANOR SER A

0.79%

5.90M

$6.18M

13013JDB913013JDB9CA CMTY CHOICE AUTH PROJ SER E-1

CA CMTY CHOICE AUTH PROJ SER E-1

0.76%

5.50M

$5.95M

801283HT2801283HT2SANTA BARBARA CCD-A

SANTA BARBARA CCD-A

0.74%

5.00M

$5.81M

79739GTD879739GTD8SAN DIEGO CO REGL-B AMT

SAN DIEGO CO REGL-B AMT

0.73%

5.45M

$5.76M

13048VBY313048VBY3CALIFORNIA ST MUNI FIN REV SER A AMT

CALIFORNIA ST MUNI FIN REV SER A AMT

0.71%

5.50M

$5.59M

492244FZ6492244FZ6KERN CA CMNTY CLG DIST ELECT 2016 SER C

KERN CA CMNTY CLG DIST ELECT 2016 SER C

0.71%

6.75M

$5.56M