T. Rowe Price California Tax Free Bond Fund (PRXCX) Alternatives

T. Rowe Price California Tax Free Bond Fund (PRXCX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PRXCX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to PRXCX

PRXCX charges 0.53% annually. Among mutual funds in the Municipal Bonds category, these options have the lowest expense ratios among PRXCX alternatives.

Symbol	Name	Expense Ratio	Inception
LSMSX	Western Asset SMASh Series TF Fund	0.01%	Dec 22, 2015	PRXCX vs LSMSX
NMTRX	Nuveen Municipal Total Return Managed Accounts	0.05%	May 30, 2007	PRXCX vs NMTRX
FHMIX	Federated Hermes Conservative Municipal Microshort...	0.05%	Feb 2, 2021	PRXCX vs FHMIX
FSMUX	Strategic Advisers Municipal Bond Fund	0.06%	Jun 24, 2021	PRXCX vs FSMUX
FMBIX	Fidelity Municipal Bond Index Fund	0.07%	Jul 11, 2019	PRXCX vs FMBIX

Best Risk-Adjusted Alternatives to PRXCX

Among mutual funds in the Municipal Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
ATOIX	abrdn Ultra Short Municipal Income Fund	100	Dec 4, 2002	PRXCX vs ATOIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	99	Apr 21, 2016	PRXCX vs TFCYX
APUSX	Cavanal Hill Ultra Short Tax-Free Income Fund	99	Dec 25, 2017	PRXCX vs APUSX
FHMIX	Federated Hermes Conservative Municipal Microshort...	99	Feb 2, 2021	PRXCX vs FHMIX
USMTX	JPMorgan Ultra-Short Municipal Fund	99	May 30, 2016	PRXCX vs USMTX

Top Performing PRXCX Alternatives (YTD)

PRXCX alternatives from the Municipal Bonds category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
NMI	Nuveen Municipal Income Fund, Inc.	6.43%	Apr 20, 1998	PRXCX vs NMI
NPV	Nuveen Virginia Quality Municipal Income Fund	4.12%	Mar 18, 1993	PRXCX vs NPV
NRK	Nuveen New York AMT Free Quality Municipal Income	3.25%	Nov 21, 2002	PRXCX vs NRK
MIY	BlackRock MuniYield Michigan Quality Fund	2.55%	Oct 30, 1992	PRXCX vs MIY
NQP	Nuveen Pennsylvania Quality Municipal Income	2.31%	Feb 21, 1991	PRXCX vs NQP

Lowest Volatility Alternatives to PRXCX

PRXCX alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
DFSMX	DFA Short Term Municipal Bond Portfolio	0.68%	Aug 19, 2002	PRXCX vs DFSMX
USMSX	JPMorgan Ultra-Short Municipal Fund	0.69%	May 31, 2016	PRXCX vs USMSX
USMTX	JPMorgan Ultra-Short Municipal Fund	0.70%	May 30, 2016	PRXCX vs USMTX
DFABX	DFA Short-Term Selective State Municipal Bond Port...	0.71%	Apr 11, 2022	PRXCX vs DFABX
BATVX	BlackRock Allocation Target Shares	0.76%	May 20, 2021	PRXCX vs BATVX

Lowest Drawdown Alternatives to PRXCX

PRXCX alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
BATVX	BlackRock Allocation Target Shares	0.00%	May 20, 2021	PRXCX vs BATVX
ATOIX	abrdn Ultra Short Municipal Income Fund	-0.10%	Dec 4, 2002	PRXCX vs ATOIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	-0.10%	Apr 21, 2016	PRXCX vs TFCYX
APUSX	Cavanal Hill Ultra Short Tax-Free Income Fund	-0.20%	Dec 25, 2017	PRXCX vs APUSX
FHMIX	Federated Hermes Conservative Municipal Microshort...	-0.20%	Feb 2, 2021	PRXCX vs FHMIX

Other Mutual Funds from T. Rowe Price

Most popular T. Rowe Price mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
TRBCX	T. Rowe Price Blue Chip Growth Fund	Large Cap Growth Equities	20	-14.57%	Jun 30, 1993	PRXCX vs TRBCX
PRWCX	T. Rowe Price Capital Appreciation Fund	Diversified Portfolio	78	-5.03%	Jun 30, 1986	PRXCX vs PRWCX
PRDGX	T. Rowe Price Dividend Growth Fund, Inc.	Large Cap Blend Equities, Dividend	33	-2.47%	Dec 30, 1992	PRXCX vs PRDGX
PRWAX	T. Rowe Price All-Cap Opportunities Fund	Large Cap Growth Equities	45	-12.37%	Sep 30, 1985	PRXCX vs PRWAX
PRCOX	T. Rowe Price U.S. Equity Research Fund	Large Cap Blend Equities	42	-7.21%	Nov 30, 1994	PRXCX vs PRCOX
PREIX	T. Rowe Price Equity Index 500 Fund	Large Cap Blend Equities	52	-7.11%	Mar 30, 1990	PRXCX vs PREIX
TBCIX	T. Rowe Price Blue Chip Growth Fund I Class	Large Cap Growth Equities	21	-14.54%	—	PRXCX vs TBCIX
TRLGX	T. Rowe Price Large-Cap Growth Fund	Large Cap Growth Equities	15	-14.83%	Oct 31, 2001	PRXCX vs TRLGX
PRSCX	T. Rowe Price Science And Technology Fund	Technology Equities	65	-11.17%	Sep 29, 1987	PRXCX vs PRSCX
PRNHX	T. Rowe Price New Horizons Fund	Mid Cap Growth Equities	16	-5.34%	Jun 3, 1960	PRXCX vs PRNHX

Often Compared With PRXCX

What investors most often compare with PRXCX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
PRFHX	T. Rowe Price Tax Free High Yield Fund	High Yield Muni	65	0.17%	Feb 28, 1985	PRXCX vs PRFHX
VCITX	Vanguard California Long-Term Tax-Exempt Fund Inve...	Municipal Bonds	43	-1.00%	Apr 7, 1986	PRXCX vs VCITX
PBDIX	T. Rowe Price QM U.S. Bond Index Fund	Total Bond Market	87	-0.33%	—	PRXCX vs PBDIX
SWCAX	Schwab California Tax-Free Bond Fund™	Municipal Bonds	51	-0.74%	Feb 23, 1992	PRXCX vs SWCAX
BCHYX	American Century California High Yield Municipal F...	Municipal Bonds	30	-0.79%	Dec 29, 1986	PRXCX vs BCHYX
GUSTX	GMO U.S. Treasury Fund	Government Bonds	100	0.51%	Mar 16, 2009	PRXCX vs GUSTX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	Government Bonds	97	0.24%	Aug 23, 2010	PRXCX vs VSBIX
CGEO.L	Georgia Capital plc		97	17.10%	—	PRXCX vs CGEO.L
VTEB	Vanguard Tax-Exempt Bond ETF	Municipal Bonds	54	-0.23%	Aug 21, 2015	PRXCX vs VTEB
SCHO	Schwab Short-Term U.S. Treasury ETF	Government Bonds, Short-Term Bond	97	0.24%	Aug 5, 2010	PRXCX vs SCHO
SWRSX	Schwab Treasury Inflation Protected Securities Ind...	Inflation-Protected Bonds	43	0.39%	Mar 30, 2006	PRXCX vs SWRSX
VCAIX	Vanguard California Intermediate-Term Tax-Exempt F...	Municipal Bonds	73	-0.71%	Mar 4, 1994	PRXCX vs VCAIX
BMN	Blackrock 2037 Municipal Target Term Trust	Municipal Bonds	27	0.14%	Oct 28, 2022	PRXCX vs BMN
VCLAX	Vanguard California Long-Term Tax-Exempt Fund Admi...	Municipal Bonds	44	-0.99%	Nov 12, 2001	PRXCX vs VCLAX
CMF	iShares California Muni Bond ETF	Municipal Bonds	50	-0.57%	Oct 4, 2007	PRXCX vs CMF
DCARX	DFA California Municipal Real Return Portfolio	Municipal Bonds	94	1.09%	Oct 31, 2017	PRXCX vs DCARX
FMNDX	Fidelity Conservative Income Municipal Bond Fund I...	Municipal Bonds	99	0.30%	Oct 15, 2013	PRXCX vs FMNDX
DMREX	DFA Municipal Real Return Portfolio	Municipal Bonds	94	1.10%	Nov 3, 2014	PRXCX vs DMREX
FGNSX	Strategic Advisers Tax-Sensitive Short Duration Fu...	Municipal Bonds	48	-0.10%	Dec 27, 2017	PRXCX vs FGNSX

Compare PRXCX with Any Fund or Stock

Compare PRXCX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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T. Rowe Price California Tax Free Bond Fund

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