# EDGAR Filing Document

**Accession Number:** 0000795384
**File Stem:** 0001099263-25-001777
**Filing Date:** 2025-10
**Character Count:** 79962
**Document Hash:** bf73401d35a60e9b64deb1f71b3765fc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-25-001777.hdr.sgml**: 20251028

**ACCESSION NUMBER**: 0001099263-25-001777

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251028

**DATE AS OF CHANGE**: 20251028

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price State Tax-Free Funds, Inc.
- **CENTRAL INDEX KEY:** 0000795384

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04521
- **FILM NUMBER:** 251424247

**BUSINESS ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** T. Rowe Price State Tax-Free Income Trust
- **DATE OF NAME CHANGE:** 20051028

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE STATE TAX FREE INCOME TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE NEW YORK TAX FREE INCOME TRUST
- **DATE OF NAME CHANGE:** 19870416

## Series and Classes Contracts Data

### T. Rowe Price Maryland Short-Term Tax-Free Bond Fund (Series ID: S000002147)

| Class ID   | Class Name                                                   | Ticker Symbol   |
|:---|:---|:---|
| C000005543 | T. Rowe Price Maryland Short-Term Tax-Free Bond Fund         | PRMDX           |
| C000193182 | T. Rowe Price Maryland Short-Term Tax-Free Bond Fund-I Class | TRMUX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** T. ROWE PRICE STATE TAX-FREE FUNDS, INC.

- **b. Investment Company Act file number:** 811-04521

- **c. CIK number of Registrant:** 0000795384

- **d. LEI of Registrant:** 254900LVB38JKKY7N526

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1307 Point Street

  - **City:** Baltimore

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 21231

  - **Telephone number:** 410-345-2000

**Item A.2. Information about the Series.**

- **a. Name of Series:** T. Rowe Price Maryland Short-Term Tax-Free Bond Fund

- **b. EDGAR series identifier (if any):** S000002147

- **c. LEI of Series:** WKOGU1DPIZVM3C3CWX02

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-08-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $175768917.43

**Total Liabilities:** $525224.57

**Net Assets:** $175243692.86

**Cash Not Reported:** $94679.56

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -904.379940 | **1-Year:** -16103.088890 | **5-Year:** -11195.533085 | **10-Year:** -90.547487 | **30-Year:** 0.000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -6.555418 | **1-Year:** -995.386574 | **5-Year:** -477.557902 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000005543 | 0.59%                | 0.61%                | 0.42%                |
| Class ID C000193182 | 0.60%                | 0.61%                | 0.43%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2052.44                | $577079.05                                 |
| Month 2  | $-4748.83                | $549749.58                                 |
| Month 3  | $0.00                    | $427678.67                                 |

### Schedule of Portfolio Investments

| Name                                                                      | Title                                                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| City of Baltimore MD                                                      | CITY OF BALTIMORE MD                                                      | CUSIP: 05923TCG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $134011.26    | 0.08%             | 2026-06-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                      | CITY OF BALTIMORE MD                                                      | CUSIP: 05921PBS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011501.40   | 0.58%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                      | CITY OF BALTIMORE MD                                                      | CUSIP: 05923TCJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $186960.89    | 0.11%             | 2028-06-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| City of Gaithersburg MD                                                   | CITY OF GAITHERSBURG MD                                                   | CUSIP: 363128CV9<br>LEI: 549300UFHDHDCHDE0F65 | Long             | DBT              | MUN               | US        |    805000 | PA      | $813447.19    | 0.46%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Hyattsville MD                                                    | CITY OF HYATTSVILLE MD                                                    | CUSIP: 448600AX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $174043.28    | 0.10%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Hyattsville MD                                                    | CITY OF HYATTSVILLE MD                                                    | CUSIP: 448600AW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $165962.05    | 0.09%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Rockville MD                                                      | CITY OF ROCKVILLE MD                                                      | CUSIP: 774223BM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $443721.29    | 0.25%             | 2027-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                               | COMMONWEALTH OF PUERTO RICO                                               | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   2053000 | PA      | $2187021.89   | 1.25%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                               | COMMONWEALTH OF PUERTO RICO                                               | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   3524798 | PA      | $3644583.33   | 2.08%             | 2027-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| County of Anne Arundel MD                                                 | COUNTY OF ANNE ARUNDEL MD                                                 | CUSIP: 035898BZ7<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |    200000 | PA      | $216706.40    | 0.12%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Anne Arundel MD                                                 | COUNTY OF ANNE ARUNDEL MD                                                 | CUSIP: 035898BY0<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |    140000 | PA      | $148970.16    | 0.09%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Anne Arundel MD                                                 | COUNTY OF ANNE ARUNDEL MD                                                 | CUSIP: 03588JJC7<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1103762.40   | 0.63%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Anne Arundel MD                                                 | COUNTY OF ANNE ARUNDEL MD                                                 | CUSIP: 03588HPW0<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1092101.85   | 0.62%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Baltimore MD                                                    | COUNTY OF BALTIMORE MD                                                    | CUSIP: 05914GAS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2347169.70   | 1.34%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Baltimore MD                                                    | COUNTY OF BALTIMORE MD                                                    | CUSIP: 059151CV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $426305.54    | 0.24%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Baltimore MD                                                    | COUNTY OF BALTIMORE MD                                                    | CUSIP: 05914GAT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    785000 | PA      | $816735.82    | 0.47%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Baltimore MD                                                    | COUNTY OF BALTIMORE MD                                                    | CUSIP: 059151CD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $397237.16    | 0.23%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Baltimore MD                                                    | COUNTY OF BALTIMORE MD                                                    | CUSIP: 059151CA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $672595.31    | 0.38%             | 2026-01-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| County of Baltimore MD                                                    | COUNTY OF BALTIMORE MD                                                    | CUSIP: 05914GJT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2151456.20   | 1.23%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Baltimore MD                                                    | COUNTY OF BALTIMORE MD                                                    | CUSIP: 05914FXD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1870000 | PA      | $1873394.05   | 1.07%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Baltimore MD                                                    | COUNTY OF BALTIMORE MD                                                    | CUSIP: 05914F6N5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1077876.10   | 0.62%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Charles MD                                                      | COUNTY OF CHARLES MD                                                      | CUSIP: 159808NJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $410516.48    | 0.23%             | 2025-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Charles MD                                                      | COUNTY OF CHARLES MD                                                      | CUSIP: 159808TB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1851359.40   | 1.06%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Frederick MD                                                    | COUNTY OF FREDERICK MD                                                    | CUSIP: 35571LBP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $109141.55    | 0.06%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Frederick MD                                                    | COUNTY OF FREDERICK MD                                                    | CUSIP: 35569PKG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1589079.25   | 0.91%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Frederick MD                                                    | COUNTY OF FREDERICK MD                                                    | CUSIP: 35569PLM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042684.60   | 0.59%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harford MD                                                      | COUNTY OF HARFORD MD                                                      | CUSIP: 412487NR7<br>LEI: 549300BAMXA3G0J23I39 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1081985.10   | 0.62%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harford MD                                                      | COUNTY OF HARFORD MD                                                      | CUSIP: 412487JD3<br>LEI: 549300BAMXA3G0J23I39 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022210.30   | 0.58%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Howard MD                                                       | COUNTY OF HOWARD MD                                                       | CUSIP: 44256PA78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2305000 | PA      | $2364002.93   | 1.35%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Howard MD                                                       | COUNTY OF HOWARD MD                                                       | CUSIP: 442599AJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $287497.80    | 0.16%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Howard MD                                                       | COUNTY OF HOWARD MD                                                       | CUSIP: 44256PWN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $282039.40    | 0.16%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Howard MD                                                       | COUNTY OF HOWARD MD                                                       | CUSIP: 442599AK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $206099.96    | 0.12%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Howard MD                                                       | COUNTY OF HOWARD MD                                                       | CUSIP: 44256P5M1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1111074.50   | 0.63%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Howard MD                                                       | COUNTY OF HOWARD MD                                                       | CUSIP: 44256PHA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $518736.05    | 0.30%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Montgomery MD                                                   | COUNTY OF MONTGOMERY MD                                                   | CUSIP: 61334PAN3<br>LEI: 549300GNX5SDUEBKPK13 | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1373214.99   | 0.78%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Montgomery MD                                                   | COUNTY OF MONTGOMERY MD                                                   | CUSIP: 61334PEM1<br>LEI: 549300GNX5SDUEBKPK13 | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1193804.01   | 0.68%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Montgomery MD                                                   | COUNTY OF MONTGOMERY MD                                                   | CUSIP: 6133408D3<br>LEI: 549300GNX5SDUEBKPK13 | Long             | DBT              | MUN               | US        |   1830000 | PA      | $1830000.00   | 1.04%             | 2037-11-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| County of Montgomery MD                                                   | COUNTY OF MONTGOMERY MD                                                   | CUSIP: 6133406S2<br>LEI: 549300GNX5SDUEBKPK13 | Long             | DBT              | MUN               | US        |   2185000 | PA      | $2264417.54   | 1.29%             | 2027-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Montgomery MD                                                   | COUNTY OF MONTGOMERY MD                                                   | CUSIP: 61334PCR2<br>LEI: 549300GNX5SDUEBKPK13 | Long             | DBT              | MUN               | US        |    815000 | PA      | $831224.37    | 0.47%             | 2026-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Prince George s MD                                              | COUNTY OF PRINCE GEORGE'S MD                                              | CUSIP: 741702AY0<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024884.20   | 0.58%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Prince George s MD                                              | COUNTY OF PRINCE GEORGE'S MD                                              | CUSIP: 7417014A1<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |    660000 | PA      | $675599.17    | 0.39%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Prince George s MD                                              | COUNTY OF PRINCE GEORGE'S MD                                              | CUSIP: 7417016E1<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |    645000 | PA      | $677627.20    | 0.39%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Prince George s MD                                              | COUNTY OF PRINCE GEORGE'S MD                                              | CUSIP: 741702CQ5<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1580864.25   | 0.90%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Prince George s MD                                              | COUNTY OF PRINCE GEORGE'S MD                                              | CUSIP: 7417016G6<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1415307.83   | 0.81%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Prince George s MD                                              | COUNTY OF PRINCE GEORGE'S MD                                              | CUSIP: 7417014Q6<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |   2220000 | PA      | $2332298.26   | 1.33%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Prince George s MD                                              | COUNTY OF PRINCE GEORGE'S MD                                              | CUSIP: 741705FR3<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |    260000 | PA      | $267290.09    | 0.15%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Washington MD                                                   | COUNTY OF WASHINGTON MD                                                   | CUSIP: 937777GK0<br>LEI: 54930082U8LWBDMHXX31 | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1147805.61   | 0.65%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Howard County Housing Commission                                          | HOWARD COUNTY HOUSING COMMISSION                                          | CUSIP: 442573AX9<br>LEI: 5493007CCS6UI1IIE878 | Long             | DBT              | MUN               | US        |    190000 | PA      | $198439.46    | 0.11%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Howard County Housing Commission                                          | HOWARD COUNTY HOUSING COMMISSION                                          | CUSIP: 442573AW1<br>LEI: 5493007CCS6UI1IIE878 | Long             | DBT              | MUN               | US        |    120000 | PA      | $122255.24    | 0.07%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                               | MAIN STREET NATURAL GAS INC                                               | CUSIP: 56035DEE8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047432.10   | 0.60%             | 2052-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                             | MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION                             | CUSIP: 57419TUV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $946855.30    | 0.54%             | 2028-03-01      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                             | MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION                             | CUSIP: 57419TGL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $934756.90    | 0.53%             | 2030-03-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                             | MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION                             | CUSIP: 20364NDF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019540.80   | 0.58%             | 2029-01-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                             | MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION                             | CUSIP: 20364NAW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50401.80     | 0.03%             | 2028-04-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                             | MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION                             | CUSIP: 57419TCW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1382848.34   | 0.79%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                             | MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION                             | CUSIP: 20364NAS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80105.58     | 0.05%             | 2026-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                             | MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION                             | CUSIP: 57419R7P4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $745529.89    | 0.43%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                             | MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION                             | CUSIP: 57419TDD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $456435.50    | 0.26%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                             | MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION                             | CUSIP: 57419TDC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $160883.00    | 0.09%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                             | MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION                             | CUSIP: 20364NAU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75357.66     | 0.04%             | 2027-04-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                             | MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION                             | CUSIP: 20364NCK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1522830.75   | 0.87%             | 2029-01-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                             | MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION                             | CUSIP: 57419TUX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $701084.48    | 0.40%             | 2029-03-01      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| Maryland Department of Housing & Community Development                    | MARYLAND DEPARTMENT OF HOUSING & COMMUNITY DEVELOPMENT                    | CUSIP: 57419UDM7<br>LEI: 549300Q5BSL77YR7NP93 | Long             | DBT              | MUN               | US        |    780000 | PA      | $810065.96    | 0.46%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Department of Housing & Community Development                    | MARYLAND DEPARTMENT OF HOUSING & COMMUNITY DEVELOPMENT                    | CUSIP: 57419UXQ6<br>LEI: 549300Q5BSL77YR7NP93 | Long             | DBT              | MUN               | US        |    105000 | PA      | $105885.84    | 0.06%             | 2028-01-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Maryland Department of Housing & Community Development                    | MARYLAND DEPARTMENT OF HOUSING & COMMUNITY DEVELOPMENT                    | CUSIP: 57419UYT9<br>LEI: 549300Q5BSL77YR7NP93 | Long             | DBT              | MUN               | US        |    215000 | PA      | $215533.29    | 0.12%             | 2027-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Maryland Department of Housing & Community Development                    | MARYLAND DEPARTMENT OF HOUSING & COMMUNITY DEVELOPMENT                    | CUSIP: 57419UXT0<br>LEI: 549300Q5BSL77YR7NP93 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101185.05    | 0.06%             | 2029-07-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Maryland Department of Housing & Community Development                    | MARYLAND DEPARTMENT OF HOUSING & COMMUNITY DEVELOPMENT                    | CUSIP: 57419UXR4<br>LEI: 549300Q5BSL77YR7NP93 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50515.85     | 0.03%             | 2028-07-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Maryland Department of Housing & Community Development                    | MARYLAND DEPARTMENT OF HOUSING & COMMUNITY DEVELOPMENT                    | CUSIP: 57419URB6<br>LEI: 549300Q5BSL77YR7NP93 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008312.40   | 0.58%             | 2027-05-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Maryland Department of Housing & Community Development                    | MARYLAND DEPARTMENT OF HOUSING & COMMUNITY DEVELOPMENT                    | CUSIP: 57419UDN5<br>LEI: 549300Q5BSL77YR7NP93 | Long             | DBT              | MUN               | US        |    815000 | PA      | $863968.95    | 0.49%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Department of Housing & Community Development                    | MARYLAND DEPARTMENT OF HOUSING & COMMUNITY DEVELOPMENT                    | CUSIP: 57419UWM6<br>LEI: 549300Q5BSL77YR7NP93 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1513023.45   | 0.86%             | 2027-07-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Maryland Department of Housing & Community Development                    | MARYLAND DEPARTMENT OF HOUSING & COMMUNITY DEVELOPMENT                    | CUSIP: 57419UYZ5<br>LEI: 549300Q5BSL77YR7NP93 | Long             | DBT              | MUN               | US        |    635000 | PA      | $640019.80    | 0.37%             | 2030-03-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Maryland Department of Housing & Community Development                    | MARYLAND DEPARTMENT OF HOUSING & COMMUNITY DEVELOPMENT                    | CUSIP: 57419UYS1<br>LEI: 549300Q5BSL77YR7NP93 | Long             | DBT              | MUN               | US        |    315000 | PA      | $315511.25    | 0.18%             | 2026-09-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Maryland Department of Housing & Community Development                    | MARYLAND DEPARTMENT OF HOUSING & COMMUNITY DEVELOPMENT                    | CUSIP: 57419UXS2<br>LEI: 549300Q5BSL77YR7NP93 | Long             | DBT              | MUN               | US        |    110000 | PA      | $111253.21    | 0.06%             | 2029-01-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                        | MARYLAND ECONOMIC DEVELOPMENT CORP                                        | CUSIP: 57420VRW5<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    750000 | PA      | $776742.75    | 0.44%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                        | MARYLAND ECONOMIC DEVELOPMENT CORP                                        | CUSIP: 57420NBW0<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043680.70   | 0.60%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                        | MARYLAND ECONOMIC DEVELOPMENT CORP                                        | CUSIP: 57420VQK2<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51431.31     | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                        | MARYLAND ECONOMIC DEVELOPMENT CORP                                        | CUSIP: 57420VNZ2<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1655000 | PA      | $1670914.48   | 0.95%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                        | MARYLAND ECONOMIC DEVELOPMENT CORP                                        | CUSIP: 57420VJN4<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    660000 | PA      | $660494.08    | 0.38%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                        | MARYLAND ECONOMIC DEVELOPMENT CORP                                        | CUSIP: 57420VQW6<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    350000 | PA      | $350788.06    | 0.20%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                        | MARYLAND ECONOMIC DEVELOPMENT CORP                                        | CUSIP: 574205GR5<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2122833.52   | 1.21%             | 2036-10-01      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                        | MARYLAND ECONOMIC DEVELOPMENT CORP                                        | CUSIP: 57420VQX4<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    745000 | PA      | $748102.18    | 0.43%             | 2027-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                        | MARYLAND ECONOMIC DEVELOPMENT CORP                                        | CUSIP: 57420VRV7<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    750000 | PA      | $762177.15    | 0.43%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                        | MARYLAND ECONOMIC DEVELOPMENT CORP                                        | CUSIP: 57420VSQ7<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    310000 | PA      | $328668.26    | 0.19%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                        | MARYLAND ECONOMIC DEVELOPMENT CORP                                        | CUSIP: 57420VSR5<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    555000 | PA      | $598481.53    | 0.34%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                        | MARYLAND ECONOMIC DEVELOPMENT CORP                                        | CUSIP: 57420VQL0<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    305000 | PA      | $313572.45    | 0.18%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                        | MARYLAND ECONOMIC DEVELOPMENT CORP                                        | CUSIP: 57420MAP8<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    800000 | PA      | $826482.00    | 0.47%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                        | MARYLAND ECONOMIC DEVELOPMENT CORP                                        | CUSIP: 57420VSS3<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    820000 | PA      | $895444.92    | 0.51%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                        | MARYLAND ECONOMIC DEVELOPMENT CORP                                        | CUSIP: 57420VPG2<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    500000 | PA      | $506971.65    | 0.29%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                        | MARYLAND ECONOMIC DEVELOPMENT CORP                                        | CUSIP: 57420NBX8<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    250000 | PA      | $260117.75    | 0.15%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                 | MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY                 | CUSIP: 57421CGB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1100000.00   | 0.63%             | 2048-06-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                 | MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY                 | CUSIP: 57421CBP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $307381.65    | 0.18%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                 | MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY                 | CUSIP: 57421CAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2590000 | PA      | $2657895.04   | 1.52%             | 2045-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                 | MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY                 | CUSIP: 5742183U5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $677305.36    | 0.39%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                 | MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY                 | CUSIP: 57421CGC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2275000 | PA      | $2275000.00   | 1.30%             | 2046-06-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                 | MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY                 | CUSIP: 574218S46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1091982.19   | 0.62%             | 2026-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                 | MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY                 | CUSIP: 57421CBS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $303951.47    | 0.17%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                 | MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY                 | CUSIP: 574217V28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.11%             | 2041-07-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                 | MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY                 | CUSIP: 57421CBU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $569041.31    | 0.32%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                 | MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY                 | CUSIP: 57421CBR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $306324.36    | 0.17%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                 | MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY                 | CUSIP: 5742187U1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $203319.98    | 0.12%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                 | MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY                 | CUSIP: 574218NP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000789.10   | 0.57%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                 | MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY                 | CUSIP: 574218WS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500568.75    | 0.29%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                 | MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY                 | CUSIP: 57421CJG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2164467.00   | 1.24%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                 | MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY                 | CUSIP: 57421CBG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $256623.28    | 0.15%             | 2030-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                 | MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY                 | CUSIP: 574218U50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $270343.73    | 0.15%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                 | MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY                 | CUSIP: 574218UT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1031264.94   | 0.59%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                 | MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY                 | CUSIP: 5742185A7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $128825.25    | 0.07%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                 | MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY                 | CUSIP: 57421CBD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $647890.88    | 0.37%             | 2027-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                 | MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY                 | CUSIP: 574218L68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $559055.97    | 0.32%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                 | MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY                 | CUSIP: 574218B93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $96108.59     | 0.05%             | 2032-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                | MARYLAND STADIUM AUTHORITY                                                | CUSIP: 574296AT6<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017278.00   | 0.58%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                | MARYLAND STADIUM AUTHORITY                                                | CUSIP: 574297DW4<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |    535000 | PA      | $541910.86    | 0.31%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                | MARYLAND STADIUM AUTHORITY                                                | CUSIP: 574296AX7<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |   2615000 | PA      | $2660181.97   | 1.52%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                | MARYLAND STADIUM AUTHORITY                                                | CUSIP: 574296AW9<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1322461.40   | 0.75%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                | MARYLAND STADIUM AUTHORITY                                                | CUSIP: 574294BB9<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2166586.89   | 1.24%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                | MARYLAND STADIUM AUTHORITY                                                | CUSIP: 574296AM1<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |    240000 | PA      | $243689.59    | 0.14%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                | MARYLAND STADIUM AUTHORITY                                                | CUSIP: 574296AU3<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017278.00   | 0.58%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland State Transportation Authority                                   | MARYLAND STATE TRANSPORTATION AUTHORITY                                   | CUSIP: 574300MA4<br>LEI: 254900MKNK0MO0Z4X426 | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1451365.12   | 0.83%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland State Transportation Authority                                   | MARYLAND STATE TRANSPORTATION AUTHORITY                                   | CUSIP: 574300MW6<br>LEI: 254900MKNK0MO0Z4X426 | Long             | DBT              | MUN               | US        |   1860000 | PA      | $1996552.64   | 1.14%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland State Transportation Authority Passenger Facility Charge Revenue | MARYLAND STATE TRANSPORTATION AUTHORITY PASSENGER FACILITY CHARGE REVENUE | CUSIP: 57429NCQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2068794.00   | 1.18%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland State Transportation Authority Passenger Facility Charge Revenue | MARYLAND STATE TRANSPORTATION AUTHORITY PASSENGER FACILITY CHARGE REVENUE | CUSIP: 57429NCS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1072248.40   | 0.61%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland State Transportation Authority Passenger Facility Charge Revenue | MARYLAND STATE TRANSPORTATION AUTHORITY PASSENGER FACILITY CHARGE REVENUE | CUSIP: 57429NCR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $792330.60    | 0.45%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Housing Opportunities Commission                        | MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION                        | CUSIP: 613352CA9<br>LEI: 549300HDL0LLRHMDL092 | Long             | DBT              | MUN               | US        |    425000 | PA      | $448201.56    | 0.26%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                       | PUERTO RICO COMMONWEALTH AQUEDUCT & SEWER AUTHORITY                       | CUSIP: 745160TD3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    750000 | PA      | $773618.63    | 0.44%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                    | PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                    | CUSIP: 74529JQD0<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   2000000 | PA      | $1754146.40   | 1.00%             | 2029-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                         | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                         | CUSIP: 84136FAH0<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013393.80   | 0.58%             | 2051-11-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                         | STATE OF MARYLAND                                                         | CUSIP: 574193QT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069677.40   | 0.61%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                         | STATE OF MARYLAND                                                         | CUSIP: 574193PE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1541948.05   | 0.88%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                         | STATE OF MARYLAND                                                         | CUSIP: 574193QR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $818516.43    | 0.47%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                         | STATE OF MARYLAND                                                         | CUSIP: 574193QF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1259264.43   | 0.72%             | 2031-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                         | STATE OF MARYLAND                                                         | CUSIP: 574193XQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1099165.50   | 0.63%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                         | STATE OF MARYLAND                                                         | CUSIP: 574193PN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $773131.14    | 0.44%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                         | STATE OF MARYLAND                                                         | CUSIP: 574193QD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1437234.44   | 0.82%             | 2029-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                         | STATE OF MARYLAND                                                         | CUSIP: 574193PM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1214091.99   | 0.69%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                         | STATE OF MARYLAND                                                         | CUSIP: 574193MX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001616.40   | 1.14%             | 2029-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                         | STATE OF MARYLAND                                                         | CUSIP: 574193PQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2990000 | PA      | $3121154.26   | 1.78%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                         | STATE OF MARYLAND                                                         | CUSIP: 574193NJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3122759.40   | 1.78%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                         | STATE OF MARYLAND                                                         | CUSIP: 574193SE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1547717.39   | 0.88%             | 2028-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                         | STATE OF MARYLAND                                                         | CUSIP: 574193NK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    815000 | PA      | $847128.12    | 0.48%             | 2028-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                         | STATE OF MARYLAND                                                         | CUSIP: 574193SC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $512176.71    | 0.29%             | 2026-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                         | STATE OF MARYLAND                                                         | CUSIP: 574193RP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1408756.53   | 0.80%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                            | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                            | CUSIP: 574204P56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $350605.40    | 0.20%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                            | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                            | CUSIP: 57421FAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $807036.08    | 0.46%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                            | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                            | CUSIP: 57421FAK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1303851.50   | 0.74%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                            | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                            | CUSIP: 57421FAJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1257996.69   | 0.72%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                            | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                            | CUSIP: 574204U76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1224182.77   | 0.70%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                            | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                            | CUSIP: 574204F81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2160000 | PA      | $2162490.91   | 1.23%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                            | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                            | CUSIP: 574204N25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1250110.34   | 0.71%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                            | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                            | CUSIP: 574204V26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1067969.50   | 0.61%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                            | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                            | CUSIP: 574204T29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1065197.99   | 0.61%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                            | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                            | CUSIP: 574204H89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4165000 | PA      | $4375751.92   | 2.50%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                            | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                            | CUSIP: 57421FBD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1830969.17   | 1.04%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                            | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                            | CUSIP: 574204P64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1409589.44   | 0.80%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                            | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                            | CUSIP: 574204D34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1042127.63   | 0.59%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                            | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                            | CUSIP: 574204N74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $698257.30    | 0.40%             | 2031-10-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                            | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                            | CUSIP: 574204H71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2880000 | PA      | $3029408.64   | 1.73%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                            | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                            | CUSIP: 574204S95<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1615000 | PA      | $1668908.05   | 0.95%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                            | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                            | CUSIP: 57421FAL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1114502.97   | 0.64%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                            | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                            | CUSIP: 574204N33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $781147.33    | 0.45%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                            | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                            | CUSIP: 574204R39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $744201.17    | 0.42%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                            | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                            | CUSIP: 574204L76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2785000 | PA      | $2864186.46   | 1.63%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                            | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                            | CUSIP: 574204B69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35023.11     | 0.02%             | 2025-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                            | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                            | CUSIP: 574204D42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $195062.67    | 0.11%             | 2027-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University System of Maryland                                             | UNIVERSITY SYSTEM OF MARYLAND                                             | CUSIP: 9144024J8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $604343.29    | 0.34%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University System of Maryland                                             | UNIVERSITY SYSTEM OF MARYLAND                                             | CUSIP: 9144025H1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1939122.52   | 1.11%             | 2030-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University System of Maryland                                             | UNIVERSITY SYSTEM OF MARYLAND                                             | CUSIP: 91440AAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1895000 | PA      | $1924757.19   | 1.10%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Suburban Sanitary Commission                                   | WASHINGTON SUBURBAN SANITARY COMMISSION                                   | CUSIP: 940158CU0<br>LEI: 549300EZUWNTQF827C24 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1645521.45   | 0.94%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Suburban Sanitary Commission                                   | WASHINGTON SUBURBAN SANITARY COMMISSION                                   | CUSIP: 940158AF5<br>LEI: 549300EZUWNTQF827C24 | Long             | DBT              | MUN               | US        |    900000 | PA      | $941554.89    | 0.54%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Suburban Sanitary Commission                                   | WASHINGTON SUBURBAN SANITARY COMMISSION                                   | CUSIP: 940157P46<br>LEI: 549300EZUWNTQF827C24 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1072037.51   | 0.61%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-02

**Name of Applicant:** T. ROWE PRICE STATE TAX-FREE FUNDS, INC.

**Signature:** /s/ Alan Dupski

**Name of Signer:** Alan Dupski

**Title:** Treasurer & Vice President