Franklin NJ Tax Free Income Adv (FNJZX)

Fund Assets	816.91M
Expense Ratio	0.60%
Min. Investment	$1,000
Turnover	18.26%
Dividend (ttm)	0.35
Dividend Yield	3.40%
Dividend Growth	4.76%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	10.20
YTD Return	0.69%
1-Year Return	5.90%
5-Year Return	3.10%
52-Week Low	9.95
52-Week High	10.46
Beta (5Y)	0.05
Holdings	216
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.

• Fund Family: Franklin Templeton Investments
• Category: Muni New Jersey
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: FNJZX
• Share Class: Advisor Class
• Index: Bloomberg Municipal Bond TR

Performance

FNJZX had a total return of 5.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.64%.

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%

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%
FRNJX	Class A1	0.70%
FNJQX	Class A	0.85%
FNIIX	Class C	1.24%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.0315	Jul 31, 2026
Jun 30, 2026	$0.02874	Jun 30, 2026
May 29, 2026	$0.02938	May 29, 2026
Apr 30, 2026	$0.02835	Apr 30, 2026
Mar 31, 2026	$0.02979	Mar 31, 2026
Feb 27, 2026	$0.02513	Feb 27, 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:

Aug 27, 2026

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