Putnam New Jersey Tax Exempt Income Fund Class R6 (PNJRX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
8.48
0.00 (0.00%)
At close: Jun 27, 2025
-2.75% (1Y)
| Fund Assets | 177.67M |
| Expense Ratio | 0.58% |
| Min. Investment | $500 |
| Turnover | n/a |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 3.42% |
| Dividend Growth | -1.55% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 30, 2025 |
| Previous Close | 8.48 |
| YTD Return | -2.08% |
| 1-Year Return | -0.32% |
| 5-Year Return | 3.62% |
| 52-Week Low | 8.30 |
| 52-Week High | 8.88 |
| Beta (5Y) | n/a |
| Holdings | 145 |
| 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
Stock Exchange NASDAQ
Ticker Symbol PNJRX
Index Bloomberg Municipal Bond TR
Performance
PNJRX had a total return of -0.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.59%.
Top 10 Holdings
22.06% of assets| Name | Symbol | Weight |
|---|---|---|
| PORT AUTH N Y & N J 6.125% | NY.PORTRN 6.12 06.01.2094 | 3.40% |
| Net Cash | n/a | 2.92% |
| NEW JERSEY ST TRANSN TR FD AUTH 5.25% | NJ.NJSTRN 5.25 06.15.2050 | 2.79% |
| HUDSON CNTY N J IMPT AUTH LEASE REV 3% | NJ.HUDGEN 3 10.01.2035 | 2.18% |
| NEW JERSEY ECONOMIC DEV AUTH REV 5% | NJ.NJSDEV 5 11.01.2026 | 2.09% |
| GLOUCESTER CNTY N J IMPT AUTH REV 5% | NJ.GLOGEN 5 07.01.2054 | 2.06% |
| BASTROP TEX INDPT SCH DIST 5% | TX.BASSCD 5 02.15.2053 | 1.80% |
| NEW JERSEY ST EDL FACS AUTH REV 4% | NJ.NJSEDU 4 07.01.2050 | 1.73% |
| SOUTH JERSEY TRANSN AUTH N J TRANSN SYS REV 5.25% | NJ.SJPTRN 5.25 11.01.2052 | 1.72% |
| PORT AUTH N Y & N J 5% | NY.PORTRN 5 11.01.2044 | 1.39% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 30, 2025 | $0.02605 | May 30, 2025 |
| Apr 30, 2025 | $0.02405 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02295 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0248 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0251 | Jan 31, 2025 |
| Dec 31, 2024 | $0.02278 | Dec 31, 2024 |