Franklin New Jersey Tax Free Income Fund Class C (FNIIX)

Fund Assets	749.47M
Expense Ratio	1.24%
Min. Investment	$1,000
Turnover	18.26%
Dividend (ttm)	0.28
Dividend Yield	2.79%
Dividend Growth	4.05%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.83
YTD Return	-4.03%
1-Year Return	-3.11%
5-Year Return	-3.83%
52-Week Low	9.68
52-Week High	10.60
Beta (5Y)	0.29
Holdings	225
Inception Date	May 1, 1995

About FNIIX

Franklin New Jersey Tax-Free Income Fund Class C is a municipal bond mutual fund focused on generating income that is exempt from both federal income taxes and New Jersey personal income taxes for its investors. Its primary function is to invest at least 80% of its assets in municipal securities whose interest is not subject to federal income tax, including the federal alternative minimum tax, and which typically also qualify for New Jersey state tax exemption. The fund primarily serves individuals seeking tax-advantaged income, especially residents of New Jersey aiming to maximize after-tax returns. By concentrating on New Jersey municipal bonds, the fund contributes to state and local infrastructure projects, such as schools, roads, and healthcare facilities, thereby supporting community development. Franklin New Jersey Tax-Free Income Fund Class C plays a significant role for investors interested in stable, tax-exempt income with a regional focus, helping to provide diversification within fixed income portfolios while supporting public sector financing needs in the state.

• Fund Family: Franklin Templeton, Inc
• Category: Muni New Jersey
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FNIIX
• Share Class: Class C
• Index: Bloomberg Municipal Bond TR

Performance

FNIIX had a total return of -3.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.56%.

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	0.46%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FNJRX	Class R6	0.53%
FNJZX	Advisor Class	0.60%
FRNJX	Class A1	0.70%
FNJQX	Class A	0.85%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02344	Sep 30, 2026
Aug 31, 2026	$0.02234	Aug 31, 2026
Jul 31, 2026	$0.02534	Jul 31, 2026
Jun 30, 2026	$0.02311	Jun 30, 2026
May 29, 2026	$0.0236	May 29, 2026
Apr 30, 2026	$0.02275	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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