Eaton Vance New Jersey Municipal Income Fund Class A (ETNJX)
| Fund Assets | 151.51M |
| Expense Ratio | 0.72% |
| Min. Investment | $1,000 |
| Turnover | 83.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 3.15% |
| Dividend Growth | 2.60% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.96 |
| YTD Return | 1.28% |
| 1-Year Return | 4.94% |
| 5-Year Return | -0.54% |
| 52-Week Low | 8.13 |
| 52-Week High | 8.97 |
| Beta (5Y) | n/a |
| Holdings | 107 |
| Inception Date | Apr 13, 1994 |
About ETNJX
Eaton Vance New Jersey Municipal Income Fund Class A is a municipal bond mutual fund designed to provide investors with current income that is generally exempt from both regular federal and New Jersey state personal income taxes. The fund primarily invests at least 80% of its assets in investment-grade municipal obligations issued by New Jersey entities, spanning sectors such as transportation, hospitals, education, and general obligations. It employs active management, leveraging Eaton Vance’s experienced municipal bond team and rigorous credit research to monitor risk and adapt allocations across various municipal sectors. The fund maintains a diversified portfolio, typically holding over 90 individual securities with a mix of credit qualities weighted toward AA and A ratings. Its average effective maturity and duration reflect an intermediate- to long-term focus, aiming to balance risk and yield potential. With monthly income distributions and a long performance track record since its 1994 inception, this fund plays a specialized role in the market by addressing the needs of investors seeking tax-efficient income and targeted exposure to New Jersey’s municipal market. Its expense structure, portfolio characteristics, and emphasis on credit quality underscore its relevance for individuals with specific state tax considerations or those seeking diversified municipal bond exposure within a single state.
Performance
ETNJX had a total return of 4.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.87%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FNJHX | Fidelity | Fidelity New Jersey Municipal Income Fund | 0.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02371 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02429 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02462 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02289 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02367 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02354 | Aug 29, 2025 |