The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.
T. Rowe Price NJ Tax-Free Bond NJTFX
- NAV / 1-Day Return 11.40 / +0.03 %
- Total Assets 346.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.570%
- Distribution Fee Level Average
- Share Class Type No Load
- Category Muni New Jersey
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 3.01%
- Effective Duration 6.74 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis NJTFX
Will NJTFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 20.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
SOUTH JERSEY PORT CORP N J REV 5% | 3.01 | 10.4 Mil | municipal |
NEW JERSEY ST TPK AUTH TPK REV 5% | 2.86 | 9.9 Mil | municipal |
NEW JERSEY ECONOMIC DEV AUTH REV 5.375% | 2.21 | 7.6 Mil | municipal |
HUDSON CNTY N J IMPT AUTH LEASE REV 5.25% | 2.06 | 7.1 Mil | municipal |
NEW JERSEY ST TRANSN TR FD AUTH 5.25% | 2.01 | 7.0 Mil | municipal |
NEW JERSEY ST EDL FACS AUTH REV 5.25% | 1.94 | 6.7 Mil | municipal |
SOMERSET CNTY N J IMPT AUTH REV 4% | 1.66 | 5.7 Mil | municipal |
PORT AUTH N Y & N J 5% | 1.50 | 5.2 Mil | municipal |
NEW JERSEY HEALTH CARE FACS FING AUTH REV 5% | 1.47 | 5.1 Mil | municipal |
NEW JERSEY ST TRANSN TR FD AUTH 5.25% | 1.46 | 5.1 Mil | municipal |