Maryland Short-Term Tax-Free Bond Fund (PRMDX)
PRMDX Price Chart
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PRMDX Fund Profile
Key details and information about Maryland Short-Term Tax-Free Bond Fund (PRMDX).
Sector Focus
Financial Services
Industry
Asset Management - Bonds
Inception Date
29 Jan 1993
Country
US
Description
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.
PRMDX Fund Performance
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