Low Cost Maryland Municipal Bond Funds

Maryland Muni Bonds Funds with the Lowest Cost

This article offers a list of very low cost Maryland municipal bonds funds investments. This list of very economical index mutual funds in the Maryland muni bonds group has been stable across the years. Individual shareholders in the least expensive index mutual funds tend to be loyal to mutual fund firms that promote low cost index mutual fund investing.

Investors in low cost investment company funds recognize that when investments are very inexpensive this tends to lead to superior returns over time. These Maryland municipal bonds fund investments are unlikely to have higher investment performance prior to the drag of investment costs and taxes. Instead, index funds aim for the middle of the Maryland muni bond market return, and they are not designed to do better than the market average return if they are lucky.

Yet, the lower costs of MD muni bonds mutual funds allow individual investors to keep much more of the market return — instead of sharing the market’s investment return with the securities industry by having to pay excessive investment assessments. Over time, shareholders in index funds tend to outpace shareholders who unwittingly pay far more of these unneeded charges by the financial securities industry.

Table of Low Cost Maryland Municipal Bonds Funds

Fund Name — Expense Ratio — Ticker Symbol

Maryland muni bond index funds

• T. Rowe Price Maryland Tax-Free Fund — 0.48% expense ratio — MDXBX
• T. Rowe Price Maryland Short-Term Tax-Free Fund — 0.54% expense ratio — PRMDX
• Fidelity Maryland Municipal Income Fund — 0.55% expense ratio — SMDMX
  • View: low cost index investment funds
  • Go over the index investing prospectus to figure out restrictions and costs, along with buying, conveyance, and brokerage fees which could apply. Investment company funds may be shut to additional investors.

The chart’s first listed low management cost Maryland municipal bonds funds offering is the T. Rowe Price Maryland Tax-Free Fund which is purchased and sold with the MDXBX trading ticker symbol. The T. Rowe Price Maryland Tax-Free Fund comes with the lowest cost management expense ratio in this Maryland muni bonds fund investments classification.

The chart’s following listed Maryland municipal bonds investment is the T. Rowe Price Maryland Short-Term Tax-Free Fund which is purchased and sold with the PRMDX ticker trading symbol. The T. Rowe Price Maryland Short-Term Tax-Free Fund includes a low fee portfolio management expense ratio in this MD muni bond investment group.

The next line lists the third lowest management cost Maryland municipal bonds funds is the Fidelity Maryland Municipal Income Fund that carries the SMDMX trading ticker symbol. The Fidelity Maryland Municipal Income Fund carries a low portfolio management expenses ratio in this MD municipal bonds investment asset class.