What does T. Rowe Price California Tax-Free Bond Fund do?

T. Rowe Price California Tax-Free Bond Fund (PRXCX) 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 PRXCX's market cap?

T. Rowe Price California Tax-Free Bond Fund (PRXCX) has a market capitalization of approximately $787.8 million, as of July 23, 2026, based on the most recent share price and shares outstanding.

Does PRXCX pay a dividend?

Yes — T. Rowe Price California Tax-Free Bond Fund (PRXCX) pays a dividend monthly, with a trailing-twelve-month yield of 3.52%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

PRXCX

T. Rowe Price California Tax-Free Bond Fund

NASDAQ·Asset Management, Bonds · Financial Services

$10.63$0.08−0.75%

Market cap$787.77M·Market closed·Jul 23 8:00 PM UTC

Price Chart

$10.63−$0.08 (−0.75%)today

−12.15%CAGR −2.56%

Select date range

FromTo

Sep 15, 1986Jul 24, 2021 → Jul 24, 2026· 5.0 yrsJul 24, 2026

Key Metrics

DividendDividend Tab

Dividend Yield (FWD)3.50%

Annual Dividend (FWD)$0.37

Dividend Growth (5Y)+4.4%

Dividend Safety—

Payout Ratio—

FCF Payout Ratio—

Most Recent Dividend$0.031

Ex-Dividend DateJun 29

Payment DateJun 30

EarningsEarnings Tab

EPS (FWD)—

P/E Ratio (FWD)—

EPS Growth (1Y)—

EPS Growth (3Y)−29.9%

EPS Growth (5Y)−17.1%

Next Earnings Date—

Last Report Date—

Reported vs Estimate—

Earnings Surprise—

FinancialsFinancials Tab

Revenue$3.68M

Net Income$1.62M

Net Margin44.1%

Operating Cash Flow$0.00

Capital Expenditures$0.00

Free Cash Flow$0.00

Return on Equity1.9%

Return on Invested Capital1.0%

Net Cash$706.78K

Value Graph

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EPS · Price vs. Fair Value Price Fair

Income Statement Flow

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About T. Rowe Price California Tax-Free Bond Fund

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.

Sector: Financial Services
Industry: Asset Management - Bonds
Exchange: NASDAQ
Website: www.troweprice.com

Peers

Peers Tab

PTRMX

Performance Trust Municipal Bond Fund - A Class

Cap

$768.7M

WTIBX

Segall Bryant & Hamill Plus Bond Fund Retail Class

Cap

$743.4M

CUBAX

Calvert Flexible Bond Fund Class A

Cap

$863.9M

Latest News

News Tab

No recent news available.

Frequently Asked Questions About PRXCX

What does T. Rowe Price California Tax-Free Bond Fund do?: T. Rowe Price California Tax-Free Bond Fund (PRXCX) 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 PRXCX's market cap?: T. Rowe Price California Tax-Free Bond Fund (PRXCX) has a market capitalization of approximately $787.8 million, as of July 23, 2026, based on the most recent share price and shares outstanding.
Does PRXCX pay a dividend?: Yes — T. Rowe Price California Tax-Free Bond Fund (PRXCX) pays a dividend monthly, with a trailing-twelve-month yield of 3.52%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.