T. Rowe Price California Tax-Free Bond Fund (PRXCX)
T. Rowe Price California 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 $10.70, up 0.09% on the session, giving a market capitalisation of $800.4M. On trailing twelve-month figures it carries a trailing P/E of -11.38, a net margin of -168.7%. Its beta of 1.06 implies it has historically moved more than the broad market.
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.
T. Rowe Price California Tax-Free Bond Fund is most often compared with the following Financial Services names: