Franklin New Jersey Tax Free Income Fund Advisor Class (FNJZX)
| Fund Assets | 825.45M |
| Expense Ratio | 0.58% |
| Min. Investment | $1,000 |
| Turnover | 13.53% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.23% |
| Dividend Growth | 1.04% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.41 |
| YTD Return | 1.16% |
| 1-Year Return | 4.88% |
| 5-Year Return | 3.32% |
| 52-Week Low | 9.50 |
| 52-Week High | 10.41 |
| Beta (5Y) | n/a |
| Holdings | 212 |
| Inception Date | Jul 1, 2008 |
About FNJZX
Franklin New Jersey Tax-Free Income Fund Advisor Class is a municipal bond mutual fund designed to provide income that is free from both federal and New Jersey state income taxes. The fund primarily invests at least 80% of its assets in municipal securities issued by entities within New Jersey. These securities typically include a diverse range of debt instruments, such as general obligation bonds, revenue bonds, and notes from local governments, state agencies, and municipal authorities. This strategy serves to support local infrastructure, public projects, and essential services within New Jersey. The fund is managed by a team with extensive experience in municipal markets and focuses on credit analysis to assess the quality and stability of its holdings. Its investment approach balances long-, intermediate-, and short-duration bonds, aiming to manage interest rate and credit risk. The fund is positioned to appeal particularly to New Jersey residents who seek tax-advantaged income, making it relevant for both individual and institutional investors with an interest in municipal finance. Its role in the market is to facilitate efficient capital allocation to New Jersey’s public sector while offering investors the benefit of tax-exempt income streams.
Performance
FNJZX had a total return of 4.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.25%.
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 | $0.02912 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02997 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02604 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03064 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02762 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0297 | Aug 29, 2025 |