Putnam New Jersey Tax Exempt Income Fund Class R6 (PNJRX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.63
-0.02 (-0.23%)
Jan 13, 2025, 4:00 PM EST
-1.48%
Fund Assets 177.67M
Expense Ratio 0.58%
Min. Investment $500
Turnover n/a
Dividend (ttm) n/a
Dividend Yield n/a
Dividend Growth 0.16%
Payout Frequency Monthly
Ex-Dividend Date n/a
Previous Close 8.65
YTD Return -0.92%
1-Year Return 1.54%
5-Year Return 2.96%
52-Week Low n/a
52-Week High n/a
Beta (5Y) n/a
Holdings 133
Inception Date May 22, 2018

About PNJRX

PNJRX was founded on 2018-05-22 and is currently managed by Drury,Hamilton. The Fund's investment strategy focuses on NJ Municipal Debt with 0.56% total expense ratio. The minimum amount to invest in Putnam New Jersey Tax Exempt Income Fund; Class R6 Shares is $500 on a standard taxable account. Putnam New Jersey Tax Exempt Income Fund; Class R6 Shares seeks a high level of current income exempt from federal and New Jersey state income taxes as is believed to be consistent with preservation of capital.

Category Muni New Jersey
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PNJRX
Index Bloomberg Municipal Bond TR

Performance

PNJRX had a total return of 1.54% in the past year. Since the fund's inception, the average annual return has been 1.86%, including dividends.

Top 10 Holdings

21.15% of assets
Name Symbol Weight
PORT AUTH N Y & N J 6.125% NY PORTRN 6.12 06.01.2094 3.63%
HUDSON CNTY N J IMPT AUTH LEASE REV 3% NJ HUDGEN 3 10.01.2035 2.36%
GLOUCESTER CNTY N J IMPT AUTH REV 5% NJ GLOGEN 5 07.01.2054 2.30%
NEW JERSEY ECONOMIC DEV AUTH REV 5% NJ NJSDEV 5 11.01.2026 2.24%
NEW JERSEY ST EDL FACS AUTH REV 4% NJ NJSEDU 4 07.01.2050 2.02%
BASTROP TEX INDPT SCH DIST 5% TX BASSCD 5 02.15.2053 2.00%
SOUTH JERSEY TRANSN AUTH N J TRANSN SYS REV 5.25% NJ SJPTRN 5.25 11.01.2052 1.93%
NEW JERSEY HEALTH CARE FACS FING AUTH 3.13% NJ NJSMED 07.01.2036 1.60%
NEW JERSEY ST TRANSN TR FD AUTH 5.25% NJ NJSTRN 5.25 06.15.2055 1.57%
PORT AUTH N Y & N J 5% NY PORTRN 5 11.01.2044 1.52%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jan 31, 2025 $0.0251 Jan 31, 2025
Dec 31, 2024 $0.02278 Dec 31, 2024
Nov 29, 2024 $0.02478 Nov 29, 2024
Oct 31, 2024 $0.02429 Oct 31, 2024
Sep 30, 2024 $0.02284 Sep 30, 2024
Aug 30, 2024 $0.02562 Aug 30, 2024
Full Dividend History