T. Rowe Price State Tax-Free Funds, Inc. has submitted an N-MFP3 report for its Maryland Municipal Money Fund, highlighting the fund's financial status as of October 31, 2026. This filing is significant as it underscores the company's commitment to transparency and compliance with regulatory requirements.

The Maryland Municipal Money Fund is designed to provide investors with a stable investment option, primarily focusing on tax-free municipal securities. The fund has maintained a net asset value per share around $1.00, which is a key indicator of its stability in the investment landscape.

Background

T. Rowe Price State Tax-Free Funds, Inc. is an investment company incorporated in Maryland. The company is primarily engaged in managing state tax-free funds, offering investors tax-efficient investment options. The firm operates under the SEC file number 811-04521 and has a fiscal year ending on February 28. Recent filings include the N-MFP3 report dated November 6, 2026, and several NPORT-P reports from October 28, 2026.

What the Filing Says

The recent filing indicates that the Maryland Municipal Money Fund has two share classes and a total net asset value of approximately $125.2 million. The average portfolio maturity is reported at 34 days, and the fund has been actively managing its liquid assets. As of the report date, the fund's total daily liquid assets were approximately $11.8 million, with weekly liquid assets totaling around $92 million.

"The fund seeks to maintain a stable price per share, which is currently set at $1.0000," the filing states.

Impact

This filing may affect current and potential investors in the Maryland Municipal Money Fund, as it provides crucial insights into the fund's liquidity and yield performance. The fund's management by T. Rowe Price Associates, Inc. and its independent public accountant, PricewaterhouseCoopers LLP, adds a layer of credibility to its operations.

What's Next

The filing does not specify what happens next, but it reflects the ongoing financial health and regulatory compliance of T. Rowe Price State Tax-Free Funds, Inc.