Offers Maryland-based investors stability of principal, liquidity, and triple-tax-free income.
Seeks to maintain a stable net asset value and provide an appropriate place to put money between investments or during uncertain market conditions.
The Maryland Tax-Free Money Fund offers lower risk and reward potential than the Maryland Tax-Free Bond and the Maryland Short-Term Tax-Free Bond Funds.
Some income may be suject to the federal alternative minimum tax.
You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The Fund may impose a fee upon sale of your shares. An investment in the Fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. T. Rowe Price Associates, Inc. is not required to reimburse the Fund for losses, and you should not expect that T. Rowe Price Associates, Inc. will provide financial support to the Fund at any time, including during periods of market stress.
Municipal securities: The fund may be highly impacted by events tied to the overall municipal securities markets, which can be very volatile and significantly affected by unfavorable legislative or political developments and adverse changes in the financial conditions of municipal securities issuers and the global, national, and/or local economies. State-specific focus: The fund’s performance will depend heavily on the financial strength and economic conditions of the State of Maryland, its localities, and its agencies, and any adverse tax, legislative, or political developments may have far-reaching impacts on the overall Maryland municipal securities market.
