What does Maryland Short-Term Tax-Free Bond Fund do?

Maryland Short-Term Tax-Free Bond Fund (PRMDX) operates in the Asset Management - Bonds industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.

What is PRMDX's market cap?

Maryland Short-Term Tax-Free Bond Fund (PRMDX) has a market capitalization of approximately $179.3 million, as of July 23, 2026, based on the most recent share price and shares outstanding.

Does PRMDX pay a dividend?

Yes — Maryland Short-Term Tax-Free Bond Fund (PRMDX) pays a dividend monthly, with a trailing-twelve-month yield of 2.57%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

PRMDX

Maryland Short-Term Tax-Free Bond Fund

NASDAQ·Asset Management, Bonds · Financial Services

$5.13$0.01−0.19%

Market cap$179.32M·Market closed·Jul 23 8:00 PM UTC

Price Chart

$5.13−$0.01 (−0.19%)today

−1.91%CAGR −0.39%

Select date range

FromTo

Jan 29, 1993Jul 24, 2021 → Jul 24, 2026· 5.0 yrsJul 24, 2026

Key Metrics

DividendDividend Tab

Dividend Yield (FWD)2.48%

Annual Dividend (FWD)$0.13

Dividend Growth (5Y)+26.2%

Dividend Safety—

Payout Ratio—

FCF Payout Ratio—

Most Recent Dividend$0.011

Ex-Dividend DateJun 29

Payment DateJun 30

EarningsEarnings Tab

EPS (FWD)—

P/E Ratio (FWD)—

EPS Growth (1Y)—

EPS Growth (3Y)—

EPS Growth (5Y)—

Next Earnings Date—

Last Report Date—

Reported vs Estimate—

Earnings Surprise—

Income Statement Flow

PRO

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About Maryland Short-Term Tax-Free Bond Fund

Under typical market conditions, this fund commits at least 80% of its total assets, including any leveraged capital, to municipal bonds whose interest earnings are exempt from federal, Maryland state, and local income taxes. Similarly, it is projected that a minimum of 80% of the fund's generated revenue will also be free from these federal and Maryland tax obligations. The portfolio employs a concentrated, rather than broadly diversified, investment approach.

Sector: Financial Services
Industry: Asset Management - Bonds
Exchange: NASDAQ
Website: www.troweprice.com/financial-intermediary/us/en/investments/mutual-funds/us-products/maryland-short-term-tax-free-bond-fund.html

Peers

Peers Tab

FMBIX

Fidelity Salem Street Trust - Fidelity Systematic Municipal Bond Index ETF

Cap

$174.9M

ENX

Eaton Vance New York Municipal Bond Fund

Latest News

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Frequently Asked Questions About PRMDX

What does Maryland Short-Term Tax-Free Bond Fund do?: Maryland Short-Term Tax-Free Bond Fund (PRMDX) operates in the Asset Management - Bonds industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.
What is PRMDX's market cap?: Maryland Short-Term Tax-Free Bond Fund (PRMDX) has a market capitalization of approximately $179.3 million, as of July 23, 2026, based on the most recent share price and shares outstanding.
Does PRMDX pay a dividend?: Yes — Maryland Short-Term Tax-Free Bond Fund (PRMDX) pays a dividend monthly, with a trailing-twelve-month yield of 2.57%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.