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% (1Y)
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 assetsName | 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% |
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 |