Maryland Short-Term Tax-Free Bond Fund (PRMDX)
Maryland Short-Term Tax-Free Bond Fund operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $5.14, up 0.00% on the session, giving a market capitalisation of $180.0M. Its beta of 0.25 implies it has historically moved less than the broad market.
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.
Maryland Short-Term Tax-Free Bond Fund is most often compared with the following Financial Services names: