T. Rowe Price New Jersey Tax-Free Bond Fund (NJTFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

11.27

-0.01 (-0.09%)

Aug 27, 2026, 8:10 AM EST

2.27% (1Y)

Fund Assets	384.06M
Expense Ratio	0.57%
Min. Investment	$500,000
Turnover	19.00%
Dividend (ttm)	0.39
Dividend Yield	3.44%
Dividend Growth	4.21%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	11.28
YTD Return	0.27%
1-Year Return	5.29%
5-Year Return	2.24%
52-Week Low	11.02
52-Week High	11.57
Beta (5Y)	0.27
Holdings	232
Inception Date	Apr 30, 1991

About NJTFX

T. Rowe Price New Jersey Tax-Free Bond Fund is an open-end mutual fund focused on providing investors with income that is exempt from both federal and New Jersey state income taxes. The fund mainly invests in investment-grade municipal bonds issued by New Jersey state and local entities, targeting the highest possible level of tax-exempt income while adhering to prudent portfolio management standards. Its portfolio is primarily comprised of bonds financing essential public projects and infrastructure, such as transportation, education, housing, and health care within the state. The fund maintains a non-diversified structure, allowing greater allocation to selected issuers, and features a moderate duration profile to manage interest rate sensitivity. Managed by experienced professionals, the fund uses the Bloomberg Municipal Bond Index as its benchmark and is recognized for its cost-effective management, with a competitive net expense ratio. Since its inception in 1991, the fund has played a significant role for investors seeking tax-advantaged fixed income solutions specific to New Jersey, offering a unique vehicle for residents to address both portfolio income and state tax planning objectives.

Fund Family T. Rowe Price

Category Muni New Jersey

Performance Rating Average

Risk Rating Average

Stock Exchange NASDAQ

Ticker Symbol NJTFX

Index Bloomberg Municipal Bond TR

Performance

NJTFX had a total return of 5.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.38%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TRJIX	-i Class	0.43%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.03584	Jul 31, 2026
Jun 30, 2026	$0.03247	Jun 30, 2026
May 29, 2026	$0.03337	May 29, 2026
Apr 30, 2026	$0.03181	Apr 30, 2026
Mar 31, 2026	$0.03194	Mar 31, 2026
Feb 27, 2026	$0.02962	Feb 27, 2026

Full Dividend History