Weakness in Delaware Tax-Free New Jersey A's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
- NAV / 1-Day Return 11.35 / 0.11 %
- Total Assets 20.1 Mil
-
Adj. Expense Ratio
0.840%
- Expense Ratio 0.840%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category Muni New Jersey
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 3.20%
- Effective Duration 6.41 years
Morningstar’s Analysis FINJX
Will FINJX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings 0
- Bond Holdings 42
- Other Holdings 0
- % Assets in Top 10 Holdings 42.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
ESSEX CNTY N J IMPT AUTH REV 5.5%
5.55
1,127,170
municipal
GARDEN ST N J PRESERVATION TR OPEN SPACE & FARMLAND PRESERVATION 5.75%
5.41
1,099,750
municipal
HUDSON CNTY N J IMPT AUTH FAC LEASE REV 5.375%
5.08
1,032,250
municipal
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75%
4.15
843,804
municipal
NEW JERSEY ST EDL FACS AUTH REV 5%
3.98
807,922
municipal
NEW JERSEY HEALTH CARE FACS FING AUTH REV 5%
3.97
805,792
municipal
LIVINGSTON TWP N J SCH DIST 5%
3.83
777,630
municipal
GDB DEBT RECOVERY AUTH OF COMWLTH PUERTO RICO 7.5%
3.79
771,068
municipal
CAMDEN CNTY N J IMPT AUTH REV 5%
3.77
765,922
municipal
NEW JERSEY ECONOMIC DEV AUTH REV 4%
3.34
679,434
municipal