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Franklin NJ Tax Free Income A1 FRNJX

Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.33  /  +0.03 %
  • Total Assets 741.1 Mil
  • Adj. Expense Ratio
    0.670%
  • Expense Ratio 0.670%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Muni New Jersey
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Limited
  • TTM Yield 3.05%
  • Effective Duration 6.46 years

USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 10:12 PM GMT+0

Morningstar’s Analysis FRNJX

Will FRNJX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Franklin NJ Tax Free Income A1 to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

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Portfolio Holdings FRNJX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 23.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEWARK N J HSG AUTH PORT AUTH PORT NEWARK MARINE TERM RENT 4%

2.86 21.2 Mil
municipal

DELAWARE RIV JT TOLL BRDG COMMN PA BRDG REV 5%

2.78 20.6 Mil
municipal

NEW JERSEY HEALTH CARE FACS FING AUTH REV 5%

2.57 19.0 Mil
municipal

TOBACCO SETTLEMENT FING CORP N J 5.25%

2.41 17.9 Mil
municipal

NEW JERSEY ST TPK AUTH TPK REV 5%

2.23 16.6 Mil
municipal

NEW JERSEY ST EDL FACS AUTH REV 5%

2.23 16.5 Mil
municipal

NEW JERSEY ST TPK AUTH TPK REV 5%

2.20 16.3 Mil
municipal

NEW JERSEY HEALTH CARE FACS FING AUTH 5%

2.12 15.7 Mil
municipal

NEW JERSEY ECONOMIC DEV AUTH SPL FAC REV 5%

1.90 14.1 Mil
municipal

DELAWARE RIV & BAY AUTH DEL REV 4%

1.68 12.5 Mil
municipal