Unlock stock picks and a broker-level newsfeed that powers Wall Street.

Nasdaq - Delayed Quote USD

T. Rowe Price MD Short-Term Tax-Free (PRMDX)

5.08
-0.01
(-0.20%)
As of 8:09:23 AM EDT. Market Open.

Performance Overview

Morningstar Return Rating --
YTD Return 0.12%
5y Average Return 1.01%
Number of Years Up 29
Number of Years Down 2
Best 1Y Total Return (Apr 11, 2025) 3.35%
Worst 1Y Total Return (Apr 11, 2025) --
Best 3Y Total Return 3.35%
Worst 3Y Total Return -0.20%

Trailing Returns (%) Vs. Benchmarks

Monthly Total Returns
PRMDX
Category
YTD
0.81%
0.43%
1-Month
-0.19%
0.05%
3-Month
0.81%
0.59%
1-Year
2.86%
1.95%
3-Year
2.04%
2.71%
5-Year
1.16%
1.61%
10-Year
1.01%
1.92%
Last Bull Market
2.62%
3.07%
Last Bear Market
-0.01%
3.10%

Annual Total Return (%) History

Year
PRMDX
Category
2025
--
--
2024
2.00%
--
2023
3.35%
--
2022
-2.03%
--
2021
0.30%
--
2020
1.15%
2.46%
2019
2.51%
4.17%
2018
0.98%
1.77%

2017
1.09%
1.47%
2016
-0.24%
-0.14%
2015
0.48%
0.88%
2014
0.63%
3.45%
2013
0.73%
-1.37%
2012
0.72%
3.05%
2011
1.38%
4.63%
2010
0.76%
1.93%
2009
3.75%
6.27%
2008
3.35%
1.55%
2007
3.75%
3.43%
2006
2.87%
3.05%
2005
0.87%
0.92%
2004
0.88%
1.80%
2003
1.81%
2.89%
2002
4.10%
6.40%
2001
5.66%
4.50%
2000
5.54%
6.75%
1999
1.52%
0.34%
1998
4.74%
5.06%
1997
4.18%
5.58%
1996
3.43%
3.84%
1995
7.58%
10.29%
1994
0.64%
-2.32%
1993
--
8.86%

Past Quarterly Returns

YearQ1Q2Q3Q4
2025 0.81% -- -- --
2024 -0.03% 0.39% 1.99% -0.35%
2023 1.14% -0.20% -0.54% 2.94%
2022 -2.02% -0.01% -1.51% 1.53%
2021 0.22% 0.21% -0.05% -0.08%
2020 -0.27% 0.51% 0.46% 0.45%
2019 1.10% 0.73% 0.33% 0.33%
2018 -0.12% 0.47% -0.29% 0.92%
2017 0.80% 0.60% 0.22% -0.53%
2016 0.55% 0.58% -0.20% -1.15%

2015 0.17% -0.02% 0.35% -0.02%
2014 -0.03% 0.54% 0.15% -0.04%
2013 0.60% -0.76% 0.55% 0.34%
2012 0.25% 0.43% 0.40% -0.36%
2011 0.35% 0.50% 0.26% 0.26%
2010 0.02% 0.58% 0.56% -0.41%
2009 1.78% 0.60% 0.88% 0.45%
2008 1.73% -0.04% 0.53% 1.10%
2007 0.77% 0.19% 1.57% 1.18%
2006 0.26% 0.30% 1.72% 0.57%
2005 -0.65% 1.13% 0.18% 0.22%
2004 0.53% -1.20% 1.26% 0.30%
2003 0.42% 0.80% 0.58% -0.00%
2002 0.19% 1.93% 1.07% 0.85%
2001 2.13% 1.11% 1.85% 0.46%
2000 0.96% 1.16% 1.35% 1.96%
1999 0.88% -0.45% 0.72% 0.36%
1998 1.16% 0.77% 1.76% 0.97%
1997 0.39% 1.38% 1.18% 1.18%
1996 0.40% 0.61% 1.19% 1.20%
1995 2.47% 2.06% 1.24% 1.61%
1994 -0.79% 0.59% 0.89% -0.05%
1993 1.35% 1.37% 0.98% --

Rank in Category (By Total Return)

YTD 8
1-Month 32
3-Month 8
1-Year 29
3-Year 29
5-Year 42

Load Adjusted Returns

1-Year 2.86%
3-Year 2.04%
5-Year 1.16%
10-Year 1.01%

Performance & Risk

YTD Return 0.12%
5y Average Return 1.01%
Rank in Category (ytd) 8
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.33
Morningstar Risk Rating

Fund Overview

Category Muni Single State Short
Fund Family T. Rowe Price
Net Assets 165.17M
YTD Return 0.81%
Yield 2.43%
Morningstar Rating
Inception Date Jan 29, 1993

Fund Summary

The fund invests so that, under normal market conditions, at least 80% of its net assets (including any borrowings for investment purposes) are invested in bonds that pay interest exempt from federal and Maryland state and local income taxes, and at least 80% of the fund's income is expected to be exempt from federal and Maryland state and local income taxes. It is non-diversified.

Related Tickers

FGADX Franklin Gold and Precious Metals Adv
28.71
+7.41%
 
FRGOX Franklin Gold and Precious Metals C
22.50
+7.40%
 
FKRCX Franklin Gold and Precious Metals A
26.14
+7.40%
 
FGPMX Franklin Gold and Precious Metals R6
29.19
+7.40%
 
INIVX VanEck International Investors Gold A
15.31
+5.95%
 
BIPIX ProFunds Biotechnology UltraSector Fund
33.42
+5.93%
 
BIPSX ProFunds Biotechnology UltraSector Fund
17.39
+5.91%
 
INIIX VanEck International Investors Gold I
21.71
+5.90%
 
INIYX VanEck International Investors Gold Y
15.89
+5.86%
 
FEURX First Eagle Gold R6
37.09
+5.34%
 
USERX U.S. Global Investors Gold & Precious Metals Fund
15.95
+5.28%
 
FHKTX Fidelity Advisor China Region M
36.44
+4.23%
 
FIQFX Fidelity Advisor China Region Z
36.97
+4.23%
 
FCHKX Fidelity Advisor China Region C
35.00
+4.23%
 
FHKIX Fidelity Advisor China Region I
37.00
+4.23%
 
FHKAX Fidelity Advisor China Region A
36.76
+4.22%
 
FHKCX Fidelity China Region
37.29
+4.22%
 
PDEZX PGIM Jennison Emerging Markets Equity Opportunities Fund
15.90
+4.13%
 
PDEQX PGIM Jennison Emerging Markets Equity Opportunities Fund
15.94
+4.11%
 
KINCX Kinetics Internet Adv C
71.56
+4.03%
 
KINAX Kinetics Internet Adv A
88.10
+4.03%
 
WWWFX Kinetics Internet No Load
97.83
+4.02%
 
AVALX Aegis Value I
39.39
+4.01%
 
KNPCX Kinetics Paradigm Adv C
119.68
+3.87%
 
KNPYX Kinetics Paradigm Instl
144.43
+3.86%
 
WWNPX Kinetics Paradigm No Load
142.33
+3.86%
 
KNPAX Kinetics Paradigm Adv A
134.93
+3.86%
 
LSHUX Kinetics Spin-Off and Corp Rest Instl
34.65
+3.77%
 
LSHAX Kinetics Spin-Off and Corp Rest Adv A
34.38
+3.77%
 
LSHEX Kinetics Spin-Off and Corp Rest No Load
36.33
+3.77%
 
UOPSX ProFunds UltraNASDAQ-100 Fund
59.08
+3.74%
 
LSHCX Kinetics Spin-Off and Corp Rest Adv C
30.84
+3.73%
 
UOPIX ProFunds UltraNASDAQ-100 Fund
86.10
+3.72%
 
ENPIX ProFunds UltraSector Energy Fund
34.36
+3.68%
 
ENPSX ProFunds UltraSector Energy Fund
29.10
+3.67%
 
RYVLX Rydex NASDAQ-100 2x Strategy A
414.22
+3.67%
 
RYVYX Rydex NASDAQ-100 2x Strategy H
414.08
+3.67%
 
RYCCX Rydex NASDAQ-100 2x Strategy C
290.68
+3.66%
 
RYBIX Rydex Basic Materials Inv
72.77
+3.54%
 
FIQRX Fidelity Advisor Global Commodity Stk Z
17.26
+3.35%
 
TAVFX Third Avenue Value Instl
55.78
+3.14%
 
TVFVX Third Avenue Value Investor
56.23
+3.14%
 
TAVZX Third Avenue Value Z
55.75
+3.13%
 
UDPIX ProFunds Ultra Dow 30 ProFund
68.63
+3.11%
 
BUFIX Buffalo International
21.32
+3.09%
 
BUIIX Buffalo International Institutional
21.34
+3.09%
 
RYCVX Rydex Dow 2x Strategy H
145.45
+3.08%
 
RYLDX Rydex Dow 2x Strategy A
146.08
+3.07%
 
RYCYX Rydex Dow 2x Strategy C
120.35
+3.07%
 
FNARX Fidelity Natural Resources Fund
40.55
+3.05%
 
BGEPX Baillie Gifford Emerging Markets Equities Fund
18.92
+3.05%
 
BGEDX Baillie Gifford Emerging Markets Equities Fund
19.55
+3.05%
 
BGEHX Baillie Gifford Emerging Markets Equities Fund
18.73
+3.05%
 
BGELX Baillie Gifford Emerging Markets Equities Fund
18.94
+3.05%
 
BGEGX Baillie Gifford Emerging Markets Equities Fund
18.63
+3.04%
 
BGKEX Baillie Gifford Emerging Markets Equities Fund
18.64
+3.04%
 
FERIX Fidelity Advisor Emerging Asia I
47.84
+3.01%
 
FIQPX Fidelity Advisor Emerging Asia Z
47.90
+3.01%
 
FSEAX Fidelity Emerging Asia
47.24
+3.01%
 
FEATX Fidelity Advisor Emerging Asia M
43.28
+3.00%
 
FPBFX Fidelity Pacific Basin
29.55
+3.00%
 
DRESX Driehaus Emerging Markets Small Cap Growth Fund
19.97
+2.99%
 
FEAAX Fidelity Advisor Emerging Asia A
45.49
+2.99%
 
FERCX Fidelity Advisor Emerging Asia C
38.41
+2.98%
 
KSCYX Kinetics Small Cap Opportunities Inst
181.13
+2.96%
 
KSCOX Kinetics Small Cap Opportunities No Load
176.52
+2.95%
 
KSOAX Kinetics Small Cap Opportunities Adv A
168.91
+2.95%
 
UPDDX Upright Growth & Income
15.36
+2.95%
 
KSOCX Kinetics Small Cap Opportunities Adv C
157.80
+2.95%
 
SEMTX Hartford Schroders Emerging Mkts Eq SDR
16.19
+2.92%
 
RAIWX Manning & Napier Rainier Intl Discv W
23.27
+2.92%
 
HNRIX Hennessy Energy Transition Instl
25.36
+2.88%
 
UIEMX Victory Emerging Markets Fund
19.68
+2.88%
 
HNRGX Hennessy Energy Transition Investor
24.77
+2.82%
 
UMPIX ProFunds UltraMid Cap Fund
48.97
+2.81%
 
KMKNX Kinetics Market Opportunities No Load
80.83
+2.78%
 
UMPSX ProFunds UltraMid Cap Fund
37.69
+2.78%
 
KMKCX Kinetics Market Opportunities Adv C
75.11
+2.78%
 
AEMVX Acadian Emerging Markets Y
21.47
+2.78%
 
FZABX Fidelity Advisor Diversified Intl Z
25.93
+2.77%
 
KMKYX Kinetics Market Opportunities Inst
82.25
+2.77%
 
KMKAX Kinetics Market Opportunities Adv A
79.32
+2.77%
 
MISMX Matthews EM Sm Coms Instl
21.50
+2.77%
 
AEMZX Acadian Emerging Markets I
21.52
+2.77%
 
MSMLX Matthews EM Sm Coms Inv
21.52
+2.77%
 
FDVIX Fidelity Advisor Diversified Intl I
25.99
+2.77%
 
SNTFX Steward International Enhanced Index R6
17.09
+2.77%
 
AEMGX Acadian Emerging Markets Investor
21.55
+2.77%
 
RCMFX Schwartz Value Focused
53.57
+2.76%
 
WWWEX Kinetics Global No Load
16.05
+2.75%
 
SNTCX Steward International Enhanced Index I
21.72
+2.74%
 
SNTKX Steward International Enhanced Index A
21.82
+2.73%
 
GEMEX GMO Emerging Markets I
22.30
+2.72%
 
GEMNX GMO Emerging Markets R6
22.35
+2.71%
 
KGLAX Kinetics The Global Fund
15.92
+2.71%
 
FELAX Fidelity Advisor Semiconductors A
63.92
+2.70%
 
FELIX Fidelity Advisor Semiconductors I
69.66
+2.70%
 
FELCX Fidelity Advisor Semiconductors C
49.88
+2.70%
 
FIKGX Fidelity Advisor Semiconductors Z
69.90
+2.69%
 
VWILX Vanguard International Growth Adm
98.94
+2.69%