Current performance may be lower or higher than the quoted past performance, which cannot guarantee future results. Share price, principal value, and return will vary, and you may have a gain or loss when you sell your shares. Performance assumes reinvestment of distributions and does not account for taxes. The "before sales charge" performance does not reflect the current maximum sales charges, which we explain below. If performance did reflect the charges, it would be lower. The "after sales charge" performance (or returns at public offering price) varies by share class and fund. For class A and class M shares, the current maximum initial sales charges are 5.75% and 3.50% for equity funds and 4.00% and 3.25% for income funds, respectively (with these exceptions: 2.25% for class A of Putnam Floating Rate Income Fund, Short-Term Municipal Income, Short Duration Bond Fund, Strategic Intermediate Municipal Fund, and Fixed Income Absolute Return Fund). Class B share performance reflects the applicable contingent deferred sales charge (CDSC), which is 5% in the first year, declines to 1% in the sixth year, and is eliminated thereafter (except for Putnam Floating Rate Income Fund, Putnam Short Duration Bond Fund, and Putnam Fixed Income Absolute Return Fund; for these funds, the CDSC is 1% in the first year, declines to 0.5% in the second year, and is eliminated thereafter). Class C share performance reflects a 1% CDSC the first year that is eliminated thereafter. Performance for class B, C, M, N, R, and Y shares prior to their inception is derived from the historical performance of class A shares by adjusting for the applicable sales charge (or CDSC) and, except for class Y shares, the higher operating expenses for such shares (note, for two funds — Putnam Tax-Free High Yield Fund and Putnam Strategic Intermediate Municipal Fund performance prior to inception is based on the historical performance of class B shares). Performance for class A, C, R6, and Y shares of Putnam Mortgage Opportunities Fund before their inception is derived from the historical performance of class I shares, which has been adjusted for the applicable sales charge (or CDSC) and the higher operating expenses for such shares. The "after sales charge" performance (at public offering price) for class N shares reflects the current maximum initial sales charge of 1.50%. Class R, R3, R4, R5, and R6 shares, which are available to qualified employee-benefit plans only, are sold without an initial sales charge and have no CDSC. Class Y shares are generally only available for corporate and institutional clients and have no initial sales charge. Performance for class R3 and R4 shares prior to their inception is derived from the historical performance of class Y shares by adjusting for the higher operating expenses for such shares. Performance for class R5 shares before their inception is derived from the historical performance of class Y shares, which has not been adjusted for the lower expenses; had it been adjusted, performance would be higher (with the exception of the RetirementReady Maturity, 2025, 2030, 2035, and 2040 Funds, for which performance is derived from the historical performance of class R6 shares and has been adjusted for the higher operating expenses for such shares; and the RetirementReady 2045, 2050, 2055, and 2060 Funds, for which performance is derived from the historical performance of class R6 shares and has not been adjusted for the lower expenses; had it been adjusted, performance would be higher). Performance for class R6 shares before their inception is derived from the historical performance of class Y shares, which has not been adjusted for the lower operating expenses; had it been adjusted, performance would be higher. For a portion of the period, some funds had expenses limitations or had been sold on a limited basis with limited assets and expenses. Had these limits not been in place, performance would be lower.
Active Income
New Jersey Tax Exempt Income Fund (Class Y) (PNJYX)
Seeking a high level of tax-free income
Highlights
Objective
The fund seeks as high a level of current income exempt from federal income tax and New Jersey personal income tax as we believe is consistent with preservation of capital.
Strategy and process
- Tax-advantaged income The fund offers New Jersey residents the potential for high current income that is free from federal income tax and New Jersey State personal income taxes.
- Focus on performance The portfolio managers seek to provide a competitive yield through a combination of careful security selection and portfolio construction strategies.
- A diversified portfolio A broadly diversified portfolio enables the managers to pursue current tax-free income opportunities while managing risk and seeking to preserve capital.
Fund price and assets |
Yesterday’s close | 52-week high | 52-week low | Net assets and outstanding shares |
---|---|---|---|---|
Net asset value |
$8.63
0.35% | $0.03 |
$9.79
07/21/21 |
$8.47
05/18/22 |
Download CSV |
Fund facts as of 05/31/22
$131.73M
13%
Monthly
128
May
746915503 / 1829
01/02/08
Tax-free Income
PNJYX
Literature
Fund documents |
Prospectuses/SAI |
Fact Sheet (R6 share) (PDF) |
Fact Sheet (YA share) (PDF) |
Annual Fund Report (PDF) |
Semiannual Fund Report (PDF) |
Quarterly Commentary (PDF) |
Brochure (PDF) |
A look at leveraged loans and CLOs
A recent Active Insights podcast features a discussion of leveraged loans, and collateralized loan obligations (CLOs).U.S. recession ifs and whens
The U.S. will likely avoid a recession in 2022, in our view. That risk rises next year as the Fed raises rates and China decelerates.Munis after Q1 — and April — and 8 reasons why we are still constructive
While munis suffered a bad quarter to start 2022, brighter days may be ahead amid strong fundamentals.Performance
Consistency of positive performance over five years
Performance shown above does not reflect the effects of any sales charges. Click on the dots to see specific returns in each five-year period as of the date revealed. Note that returns of 0.00% are counted as positive periods. For complete fund performance, please see below.
8.32%
Best 5-year annualized return
(for period ending 12/31/95)
1.70%
Worst 5-year annualized return
(for period ending 06/30/22)
4.73%
Average 5-year annualized return
Total return (%) as of 06/30/22
Annual performance as of 06/30/22
Annualized Total return (%) as of 06/30/22
Annualized performance | 1 yr. | 3 yrs. | 5 yrs. | 10 yrs. |
---|---|---|---|---|
Before sales charge | -9.16% | -0.16% | 1.70% | 2.07% |
After sales charge | N/A | N/A | N/A | N/A |
Bloomberg Municipal Bond Index | -8.57% | -0.18% | 1.51% | 2.38% |
Performance snapshot
Before sales charge | After sales charge | ||
---|---|---|---|
1 mt. as of 06/30/22 | -1.69% | - | |
YTD as of 07/01/22 | -8.97% | - | |
Yield
Distribution rate before sales charge as of 07/01/22 |
3.09% |
---|---|
Distribution rate after sales charge as of 07/01/22 |
3.09% |
30-day SEC yield as of 06/30/22 | 2.92% |
Risk-adjusted performance as of 05/31/22
Sharpe ratio (3 yrs.) | 0.00 |
---|---|
Information ratio (3 yrs.) | 0.04 |
Volatility as of 05/31/22
Standard deviation (3 yrs.) | 5.65% |
---|---|
Beta | 1.10 |
R-squared | 0.94 |
Fixed income statistics as of 05/31/22
Duration to worst | 5.94 yrs. |
---|
Lipper rankings as of 05/31/22
Time period | Rank/Funds in category | Percentile ranking |
---|---|---|
1 yr. | 20/49 | 40% |
3 yrs. | 16/49 | 32% |
5 yrs. | 17/43 | 39% |
10 yrs. | 23/38 | 59% |
Morningstar Ratings™ as of 05/31/22
Time period | Funds in category | Morningstar Rating™ |
---|---|---|
Overall | 49 | |
3 yrs. | 49 | |
5 yrs. | 43 | |
10 yrs. | 38 |
Distributions
Accrual days | 30 |
---|---|
Accrual start date | 06/01/22 |
Accrual end date | 06/30/22 |
Payable date | 06/30/22 |
Non-taxable income | $0.022037224 |
Extra taxable income | -- |
Lipper rankings are based on total return without sales charge relative to all share classes of funds with similar objectives as determined by Lipper. Past performance is not indicative of future results.
The Morningstar RatingTM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.
The up-market capture ratio is used to evaluate how well an investment manager performed relative to an index during periods when that index has risen. The ratio is calculated by dividing the manager’s returns by the returns of the index during the up-market, and multiplying that factor by 100. The down-market capture ratio is used to evaluate how well an investment manager performed relative to an index during periods when that index has dropped. The ratio is calculated by dividing the manager’s returns by the returns of the index during the down-market and multiplying that factor by 100.
Tax-Equivalent Yield Calculator
When considering investing in municipal bonds, you should evaluate yields on a tax-equivalent basis, taking into account your tax liability on the interest earned from each.
- Federally tax-exempt bonds typically yield less income than taxable bonds.
- State and local income tax-exempt bonds may yield less than those whose interest is taxed in a particular jurisdiction.
Holdings
Port Auth Cons 93rd 06.1250 06/01/2094 | 4.15% |
---|---|
Garden St Prsrv-Cab-B 00.0000 11/01/2024 | 3.58% |
Hudson Cnty Nj Impt 03.0000 10/01/2035 | 2.54% |
New Jersey St-A 04.0000 06/01/2030 | 2.51% |
New Jersey St Econ De 05.0000 11/01/2026 | 2.48% |
Nj Hlth-Var-B-Ahs Hos 00.6800 07/01/2036 | 2.44% |
New Jersey St Eductnl 04.0000 07/01/2050 | 2.18% |
Whiting In Envrnmntl 05.0000 12/01/2044 | 1.87% |
Garden St Preserv-A 05.7500 11/01/2028 | 1.75% |
Port Auth Of New York 05.0000 11/01/2044 | 1.67% |
Top 10 holdings, percent of portfolio | 25.16% |
Top 10 holdings as of 05/31/22 | |
---|---|
Port Auth Cons 93rd 06.1250 06/01/2094 | |
Garden St Prsrv-Cab-B 00.0000 11/01/2024 | |
Hudson Cnty Nj Impt 03.0000 10/01/2035 | |
New Jersey St-A 04.0000 06/01/2030 | |
New Jersey St Econ De 05.0000 11/01/2026 | |
Nj Hlth-Var-B-Ahs Hos 00.6800 07/01/2036 | |
New Jersey St Eductnl 04.0000 07/01/2050 | |
Whiting In Envrnmntl 05.0000 12/01/2044 | |
Garden St Preserv-A 05.7500 11/01/2028 | |
Port Auth Of New York 05.0000 11/01/2044 | |
Holdings represent 25.16% of portfolio |
Top 10 holdings as of 04/30/22 | |
---|---|
Port Auth Cons 93rd 06.1250 06/01/2094 | |
Nj Hlth-Var-B-Ahs Hos 00.7000 07/01/2036 | |
Garden St Prsrv-Cab-B 00.0000 11/01/2024 | |
New Jersey St Econ De 05.0000 11/01/2026 | |
Hudson Cnty Nj Impt 03.0000 10/01/2035 | |
New Jersey St-A 04.0000 06/01/2030 | |
Nj St Eco Dev-Nn 05.0000 03/01/2025 | |
New Jersey St Eductnl 04.0000 07/01/2050 | |
Whiting In Envrnmntl 05.0000 12/01/2044 | |
Garden St Preserv-A 05.7500 11/01/2028 | |
Holdings represent 25.88% of portfolio |
Top 10 holdings as of 03/31/22 | |
---|---|
Port Auth Cons 93rd 06.1250 06/01/2094 | |
Garden St Prsrv-Cab-B 00.0000 11/01/2024 | |
Nj Hlth-Var-B-Ahs Hos 00.4600 07/01/2036 | |
Hudson Cnty Nj Impt 03.0000 10/01/2035 | |
New Jersey St Econ De 05.0000 11/01/2026 | |
New Jersey St-A 04.0000 06/01/2030 | |
New Jersey St Eductnl 04.0000 07/01/2050 | |
Nj St Eco Dev-Nn 05.0000 03/01/2025 | |
Whiting In Envrnmntl 05.0000 12/01/2044 | |
Garden St Preserv-A 05.7500 11/01/2028 | |
Holdings represent 24.69% of portfolio |
Top 10 holdings as of 02/28/22 | |
---|---|
Port Auth Cons 93rd 06.1250 06/01/2094 | |
Garden St Prsrv-Cab-B 00.0000 11/01/2024 | |
Nj Hlth-Var-B-Ahs Hos 00.1900 07/01/2036 | |
Hudson Cnty Nj Impt 03.0000 10/01/2035 | |
New Jersey St-A 04.0000 06/01/2032 | |
New Jersey St Econ De 05.0000 11/01/2026 | |
New Jersey St Eductnl 04.0000 07/01/2050 | |
Nj St Eco Dev-Nn 05.0000 03/01/2025 | |
Nj St Hgr Ed-1a-Amt 05.0000 12/01/2022 | |
Whiting In Envrnmntl 05.0000 12/01/2044 | |
Holdings represent 23.61% of portfolio |
PORT AUTH CONS 93RD 06.1250 06/01/2094 | 4.04% |
---|---|
GARDEN ST PRSRV-CAB-B 00.0000 11/01/2024 | 3.56% |
HUDSON CNTY NJ IMPT 03.0000 10/01/2035 | 2.52% |
NEW JERSEY ST ECON DE 05.0000 11/01/2026 | 2.47% |
NEW JERSEY ST-A 04.0000 06/01/2030 | 2.46% |
NJ HLTH-VAR-B-AHS HOS 00.6800 07/01/2036 | 2.43% |
NEW JERSEY ST EDUCTNL 04.0000 07/01/2050 | 2.14% |
WHITING IN ENVRNMNTL 05.0000 12/01/2044 | 1.83% |
GARDEN ST PRESERV-A 05.7500 11/01/2028 | 1.74% |
PORT AUTH OF NEW YORK 05.0000 11/01/2044 | 1.66% |
DE RIVER & BAY AUTH 05.0000 01/01/2040 | 1.61% |
NJ HLTH CARE-A-REF 05.0000 07/01/2043 | 1.61% |
NJ TRANSPRTN TRUST-AA 05.2500 06/15/2032 | 1.60% |
NJ TRANSPRTN TRUST-AA 05.2500 06/15/2041 | 1.59% |
NJ HLTHCARE FACS-REF 05.0000 07/01/2041 | 1.58% |
MTA HUDSON RAIL YRD-A 05.0000 11/15/2051 | 1.52% |
NJ ECON DEV AUTH-REF 05.0000 06/01/2037 | 1.46% |
NEW JERSEY ST ECON DE 05.0000 06/15/2035 | 1.46% |
NEW JERSEY ST ECON DE 05.0000 10/01/2037 | 1.41% |
NJ TRN FD CAB-SER -A 00.0000 12/15/2033 | 1.26% |
TOBACCO SETTLEMENT-A 05.0000 06/01/2035 | 1.22% |
MONMOUTH CO IMPT AUTH 04.0000 12/01/2037 | 1.20% |
NJ ECON DEV AUTH 04.0000 06/15/2036 | 1.15% |
UNION UTILS-A-REF 05.2500 12/01/2031 | 1.14% |
NJ HLTH-ST PETERS UNV 05.7500 07/01/2037 | 1.12% |
NJ HLTH CARE FACS FIN 03.0000 07/01/2051 | 1.09% |
ESSEX CNTY NJ IMPT AU 04.0000 06/15/2056 | 1.04% |
NEW JERSEY ST ECON DE 05.0000 06/01/2032 | 1.02% |
NJ TRANSPRTN TRUST-A 05.0000 12/15/2033 | 1.02% |
NJ TURNPIKE AUTH-E 05.0000 01/01/2034 | 1.00% |
NJ ECON DEV AUTH-REF 05.0000 01/01/2039 | 1.00% |
MONMOUTH IMPT AUTH 04.0000 07/15/2034 | 0.99% |
NJ EDU FACS-A 05.0000 07/01/2035 | 0.97% |
GUAM GOVT BUSINESS 04.0000 01/01/2042 | 0.97% |
PORT AUTH OF NEW YORK 05.0000 09/15/2030 | 0.96% |
CAMDEN CO IMPT AUTH 05.0000 07/15/2042 | 0.93% |
SUSSEX UTILS-CABS-B 00.0000 12/01/2030 | 0.89% |
NJ TURNPIKE AUTH-A 05.0000 01/01/2048 | 0.84% |
ALASKA ST INDL DEV-A 05.0000 10/01/2032 | 0.84% |
ATLANTIC CITY NJ-B 05.0000 03/01/2037 | 0.84% |
NEW JERSEY ST TURNPIK 05.0000 01/01/2040 | 0.83% |
NJ ECON DEV AUTH-REF 05.2500 06/15/2032 | 0.83% |
ATLANTIC CITY-A-REF 05.0000 03/01/2042 | 0.82% |
NJ TRANSPRTN TRUST-A 05.0000 12/15/2034 | 0.82% |
RUTGERS STATE UNIV-M 05.0000 05/01/2034 | 0.82% |
NJ TPK AUTH-A-REF 05.0000 01/01/2035 | 0.82% |
NJ HLTH CARE FACS FIN 05.0000 07/01/2039 | 0.81% |
NJ ECON DEV-A 05.0000 07/15/2030 | 0.81% |
PORT AUTH OF NEW YORK 05.0000 10/15/2041 | 0.81% |
NEW JERSEY ST HLTH CA 05.0000 07/01/2042 | 0.81% |
PORT AUTH OF NEW YORK 05.0000 05/01/2045 | 0.80% |
NEW JERSEY ST TRANSPR 05.0000 06/15/2028 | 0.79% |
NJ ECON DEV AUTH 05.0000 07/15/2047 | 0.78% |
TOBACCO SETTLEMENT-B 05.0000 06/01/2046 | 0.78% |
NJ ECON DEV-A-CHRT 05.0000 07/01/2050 | 0.78% |
S JERSEY NJ TRANSPRTN 05.0000 11/01/2045 | 0.77% |
NEW JERSEY ST HLTH CA 04.0000 07/01/2036 | 0.77% |
NJ ECON DEV AUTH 04.0000 06/15/2035 | 0.77% |
NEW JERSEY ST HLTH CA 04.0000 07/01/2038 | 0.77% |
NEW JERSEY ST ECON DE 04.0000 08/01/2059 | 0.77% |
NEW JERSEY ST TRANSPR 04.0000 12/15/2039 | 0.76% |
NJ ECON DEV AUTH 06.0000 10/01/2033 | 0.76% |
NJ ECON DEV AUTH-A 04.7500 06/15/2032 | 0.76% |
NJ HLTH VAR-C-VIRTUA 00.4200 07/01/2043 | 0.76% |
NJ ECON DEV AUTH -A - 01.0000 06/01/2023 | 0.75% |
NJ HSG & MTGE-A-REF 04.5000 10/01/2048 | 0.68% |
N BERGEN UTIL CAB-SUB 00.0000 12/15/2026 | 0.68% |
N BERGEN UTIL CAB-SUB 00.0000 12/15/2027 | 0.66% |
NJ ST HLTH-REF-A 05.0000 07/01/2035 | 0.65% |
OHIO ST-REV-REF 04.0000 07/01/2030 | 0.64% |
HUDSON CO IMP AUTH 04.0000 01/01/2035 | 0.64% |
DELAWARE RIVER PORT-A 05.0000 01/01/2038 | 0.62% |
NJ EDUCTNL-REF 05.0000 07/01/2037 | 0.62% |
DELAWARE RIVER PORT-A 05.0000 01/01/2039 | 0.62% |
NJ ECON DEV AUTH-A 06.0000 07/01/2032 | 0.61% |
RUTGERS NJ ST UNIV 05.0000 05/01/2028 | 0.60% |
ESSEX CO IMP AUTH 144A 04.0000 07/15/2040 | 0.60% |
NEW JERSEY ST TRANSPR 05.0000 06/15/2030 | 0.58% |
ATLANTIC CNTY NJ IMPT 04.0000 07/01/2047 | 0.57% |
NJ ECON DEV AUTH-A 05.0000 01/01/2035 | 0.57% |
GUAM GOVT 05.0000 11/15/2031 | 0.54% |
OHIO ST-REV-REF 04.0000 07/01/2028 | 0.54% |
NJ EDU FACS-G-UNREFD 05.0000 07/01/2030 | 0.49% |
ATLANTIC CNTY NJ IMPT 04.0000 07/01/2053 | 0.46% |
PORT AUTH OF NEW YORK 05.0000 09/15/2031 | 0.45% |
NJ ECON DEV AUTH-AAA 05.0000 06/15/2036 | 0.44% |
DELAWARE RVR SYS REV 05.0000 07/01/2044 | 0.43% |
NEW JERSEY ST TURNPIK 05.0000 01/01/2037 | 0.42% |
AMERICAN SAMOA ECO 144A 05.0000 09/01/2038 | 0.42% |
ALASKA ST INDL DEV-A 05.0000 10/01/2033 | 0.42% |
NEW JERSEY ST EDUCTNL 05.0000 07/01/2034 | 0.41% |
SALEM IMPT AUTH-REF 04.0000 08/15/2037 | 0.41% |
NJ HLTH CARE FAC FIN 05.0000 07/01/2046 | 0.39% |
NJ HLTH CARE-A-REF 04.0000 07/01/2043 | 0.38% |
GUAM GOVT HOTEL OCCUP 05.0000 11/01/2040 | 0.36% |
DE RIVER & BAY AUTH 05.0000 01/01/2038 | 0.36% |
DE RIVER & BAY AUTH 05.0000 01/01/2035 | 0.35% |
NJ EDU FACS-G-PREREFD 05.0000 07/01/2030 | 0.32% |
TREASURY BILL 00.0000 06/21/2022 | 0.30% |
SALEM IMPT AUTH-REF 04.0000 08/15/2048 | 0.30% |
SALEM IMPT AUTH-REF 04.0000 08/15/2042 | 0.27% |
MATCHING FUND SPL-A 05.0000 10/01/2030 | 0.26% |
NJ ECON DEV-A-CHRT 05.0000 07/01/2038 | 0.24% |
TREASURY BILL 00.0000 06/16/2022 | 0.23% |
NEW JERSEY ST EDUCTNL 04.0000 07/01/2038 | 0.20% |
NEW JERSEY ST EDUCTNL 05.0000 07/01/2033 | 0.20% |
CAMDEN CO IMPT-REF 05.0000 02/15/2035 | 0.19% |
NEW JERSEY ST EDUCTNL 04.0000 07/01/2050 | 0.19% |
NEW JERSEY ST EDUCTNL 03.0000 07/01/2040 | 0.19% |
MMD AAA R SP 0.0 08/17/22 MS | 0.18% |
NJ TURNPIKE AUTH-E 05.0000 01/01/2033 | 0.17% |
NEW JERSEY ST EDUCTNL 05.0000 07/01/2032 | 0.15% |
NEW JERSEY ST EDUCTNL 03.0000 07/01/2035 | 0.14% |
NEW JERSEY ST EDUCTNL 03.0000 07/01/2034 | 0.09% |
N HUDSON SWR-A-PREREF 05.0000 06/01/2042 | 0.09% |
TREASURY BILL 00.0000 06/07/2022 | 0.08% |
MMD AAA P SP 0.0 07/05/22 CI | 0.07% |
NJ TPK AUTH-A-UNREF 05.0000 01/01/2024 | 0.06% |
MMD AAA R SP 0.0 08/03/22 MS | 0.04% |
NJ HLTH FACS-A-UNREF 05.0000 07/01/2027 | 0.02% |
MMD AAA P SP 0.0 07/06/22 CI | 0.00% |
MMD AAA R SP 0.0 07/06/22 CI | 0.00% |
MMD AAA R SP 0.0 07/05/22 CI | -0.08% |
PORT AUTH CONS 93RD 06.1250 06/01/2094 | 3.87% |
---|---|
NJ HLTH-VAR-B-AHS HOS 00.4400 07/01/2036 | 3.44% |
GARDEN ST PRSRV-CAB-B 00.0000 11/01/2024 | 3.39% |
HUDSON CNTY NJ IMPT 03.0000 10/01/2035 | 2.37% |
NEW JERSEY ST ECON DE 05.0000 11/01/2026 | 2.37% |
NEW JERSEY ST-A 04.0000 06/01/2030 | 2.30% |
NJ ST ECO DEV-NN 05.0000 03/01/2025 | 2.23% |
NEW JERSEY ST EDUCTNL 04.0000 07/01/2050 | 2.12% |
WHITING IN ENVRNMNTL 05.0000 12/01/2044 | 1.75% |
GARDEN ST PRESERV-A 05.7500 11/01/2028 | 1.66% |
NJ TRN FD CAB-SER C 00.0000 12/15/2024 | 1.61% |
NJ HLTHCARE FACS-REF 05.0000 07/01/2041 | 1.58% |
NJ HLTH CARE-A-REF 05.0000 07/01/2043 | 1.56% |
NJ TRANSPRTN TRUST-AA 05.2500 06/15/2032 | 1.55% |
NJ TRANSPRTN TRUST-AA 05.2500 06/15/2041 | 1.53% |
DE RIVER & BAY AUTH 05.0000 01/01/2040 | 1.52% |
MTA HUDSON RAIL YRD-A 05.0000 11/15/2051 | 1.46% |
NJ ECON DEV AUTH-REF 05.0000 06/01/2037 | 1.40% |
NEW JERSEY ST ECON DE 05.0000 06/15/2035 | 1.40% |
NEW JERSEY ST ECON DE 05.0000 10/01/2037 | 1.35% |
TOBACCO SETTLEMENT-A 05.0000 06/01/2035 | 1.17% |
MONMOUTH CO IMPT AUTH 04.0000 12/01/2037 | 1.16% |
NJ TRN FD CAB-SER -A 00.0000 12/15/2033 | 1.12% |
NJ HLTH-ST PETERS UNV 05.7500 07/01/2037 | 1.10% |
UNION UTILS-A-REF 05.2500 12/01/2031 | 1.10% |
NJ ECON DEV AUTH 04.0000 06/15/2036 | 1.08% |
NJ HLTH CARE FACS FIN 03.0000 07/01/2051 | 1.04% |
NEW JERSEY ST ECON DE 05.0000 06/01/2032 | 1.01% |
NJ TRANSPRTN TRUST-A 05.0000 12/15/2033 | 0.97% |
NJ ECON DEV AUTH-REF 05.0000 01/01/2039 | 0.96% |
NJ TURNPIKE AUTH-E 05.0000 01/01/2034 | 0.96% |
MONMOUTH IMPT AUTH 04.0000 07/15/2034 | 0.96% |
ESSEX CNTY NJ IMPT AU 04.0000 06/15/2056 | 0.95% |
NJ EDU FACS-A 05.0000 07/01/2035 | 0.94% |
GUAM GOVT BUSINESS 04.0000 01/01/2042 | 0.94% |
PORT AUTH OF NEW YORK 05.0000 09/15/2030 | 0.92% |
CAMDEN CO IMPT AUTH 05.0000 07/15/2042 | 0.88% |
SUSSEX UTILS-CABS-B 00.0000 12/01/2030 | 0.83% |
ALASKA ST INDL DEV-A 05.0000 10/01/2032 | 0.81% |
ATLANTIC CITY NJ-B 05.0000 03/01/2037 | 0.80% |
ATLANTIC CITY-A-REF 05.0000 03/01/2042 | 0.80% |
NEW JERSEY ST TURNPIK 05.0000 01/01/2040 | 0.80% |
NJ TURNPIKE AUTH-A 05.0000 01/01/2048 | 0.79% |
RUTGERS STATE UNIV-M 05.0000 05/01/2034 | 0.79% |
NJ ECON DEV AUTH-REF 05.2500 06/15/2032 | 0.79% |
NJ TRANSPRTN TRUST-A 05.0000 12/15/2034 | 0.78% |
NJ HLTH CARE FACS FIN 05.0000 07/01/2039 | 0.78% |
NJ ECON DEV-A 05.0000 07/15/2030 | 0.78% |
NJ TPK AUTH-A-REF 05.0000 01/01/2035 | 0.78% |
PORT AUTH OF NEW YORK 05.0000 10/15/2041 | 0.78% |
NEW JERSEY ST HLTH CA 05.0000 07/01/2042 | 0.78% |
PORT AUTH OF NEW YORK 05.0000 05/01/2045 | 0.77% |
TOBACCO SETTLEMENT-B 05.0000 06/01/2046 | 0.76% |
NJ HLTHCARE FACS-A 05.0000 07/01/2039 | 0.76% |
NEW JERSEY ST HLTH CA 05.0000 07/01/2044 | 0.76% |
NJ HLTHCR FACS-REF 05.0000 08/15/2031 | 0.76% |
NEW JERSEY ST TRANSPR 05.0000 06/15/2028 | 0.76% |
NJ EDUCTNL FACS-E-REF 05.0000 07/01/2023 | 0.75% |
S JERSEY NJ TRANSPRTN 05.0000 11/01/2045 | 0.75% |
NJ ECON DEV AUTH 05.0000 07/15/2047 | 0.75% |
NEW JERSEY ST HLTH CA 04.0000 07/01/2036 | 0.74% |
NJ ECON DEV-A-CHRT 05.0000 07/01/2050 | 0.74% |
NEW JERSEY ST HLTH CA 04.0000 07/01/2038 | 0.74% |
NJ ECON DEV AUTH-A 04.7500 06/15/2032 | 0.73% |
NJ ECON DEV AUTH 06.0000 10/01/2033 | 0.73% |
NEW JERSEY ST HLTH CA 04.0000 07/01/2041 | 0.73% |
NJ ECON DEV AUTH 04.0000 06/15/2035 | 0.72% |
NJ ECON DEV AUTH -A - 01.0000 06/01/2023 | 0.72% |
NEW JERSEY ST ECON DE 04.0000 08/01/2059 | 0.71% |
NEW JERSEY ST TRANSPR 04.0000 12/15/2039 | 0.71% |
NJ HSG & MTGE-A-REF 04.5000 10/01/2048 | 0.65% |
N BERGEN UTIL CAB-SUB 00.0000 12/15/2026 | 0.64% |
NJ ST HLTH-REF-A 05.0000 07/01/2035 | 0.64% |
N BERGEN UTIL CAB-SUB 00.0000 12/15/2027 | 0.62% |
DELAWARE RIVER PORT-A 05.0000 01/01/2038 | 0.61% |
OHIO ST-REV-REF 04.0000 07/01/2030 | 0.61% |
DELAWARE RIVER PORT-A 05.0000 01/01/2039 | 0.61% |
HUDSON CO IMP AUTH 04.0000 01/01/2035 | 0.60% |
NJ EDUCTNL-REF 05.0000 07/01/2037 | 0.60% |
NJ ECON DEV AUTH-A 06.0000 07/01/2032 | 0.59% |
RUTGERS NJ ST UNIV 05.0000 05/01/2028 | 0.57% |
ESSEX CO IMP AUTH 144A 04.0000 07/15/2040 | 0.56% |
ATLANTIC CNTY NJ IMPT 04.0000 07/01/2047 | 0.55% |
NEW JERSEY ST TRANSPR 05.0000 06/15/2030 | 0.55% |
NJ ECON DEV AUTH-A 05.0000 01/01/2035 | 0.55% |
GUAM GOVT 05.0000 11/15/2031 | 0.52% |
OHIO ST-REV-REF 04.0000 07/01/2028 | 0.52% |
NJ EDU FACS-G-UNREFD 05.0000 07/01/2030 | 0.47% |
ATLANTIC CNTY NJ IMPT 04.0000 07/01/2053 | 0.44% |
PORT AUTH OF NEW YORK 05.0000 09/15/2031 | 0.44% |
NJ ECON DEV AUTH-AAA 05.0000 06/15/2036 | 0.43% |
DELAWARE RVR SYS REV 05.0000 07/01/2044 | 0.41% |
ALASKA ST INDL DEV-A 05.0000 10/01/2033 | 0.40% |
NEW JERSEY ST TURNPIK 05.0000 01/01/2037 | 0.40% |
AMERICAN SAMOA ECO 144A 05.0000 09/01/2038 | 0.40% |
NEW JERSEY ST EDUCTNL 05.0000 07/01/2034 | 0.40% |
SALEM IMPT AUTH-REF 04.0000 08/15/2037 | 0.39% |
NJ HLTH CARE FAC FIN 05.0000 07/01/2046 | 0.38% |
NJ HLTH CARE-A-REF 04.0000 07/01/2043 | 0.37% |
GUAM GOVT HOTEL OCCUP 05.0000 11/01/2035 | 0.35% |
DE RIVER & BAY AUTH 05.0000 01/01/2038 | 0.34% |
DE RIVER & BAY AUTH 05.0000 01/01/2035 | 0.33% |
NJ EDU FACS-G-PREREFD 05.0000 07/01/2030 | 0.31% |
TREASURY BILL 00.0000 06/21/2022 | 0.29% |
SALEM IMPT AUTH-REF 04.0000 08/15/2048 | 0.28% |
SALEM IMPT AUTH-REF 04.0000 08/15/2042 | 0.25% |
MATCHING FUND SPL-A 05.0000 10/01/2030 | 0.25% |
NJ ECON DEV-A-CHRT 05.0000 07/01/2038 | 0.22% |
TREASURY BILL 00.0000 06/16/2022 | 0.22% |
NEW JERSEY ST EDUCTNL 04.0000 07/01/2038 | 0.20% |
CAMDEN CO IMPT-REF 05.0000 02/15/2035 | 0.19% |
NEW JERSEY ST EDUCTNL 05.0000 07/01/2033 | 0.19% |
NEW JERSEY ST EDUCTNL 04.0000 07/01/2050 | 0.18% |
NEW JERSEY ST EDUCTNL 03.0000 07/01/2040 | 0.17% |
NJ TURNPIKE AUTH-E 05.0000 01/01/2033 | 0.16% |
NEW JERSEY ST EDUCTNL 05.0000 07/01/2032 | 0.14% |
NEW JERSEY ST EDUCTNL 03.0000 07/01/2035 | 0.13% |
MMD AAA P SP 0.0 05/26/22 MS | 0.09% |
MMD AAA P SP 0.0 05/24/22 MS | 0.09% |
N HUDSON SWR-A-PREREF 05.0000 06/01/2042 | 0.08% |
NEW JERSEY ST EDUCTNL 03.0000 07/01/2034 | 0.08% |
MMD AAA P SP 0.0 07/05/22 CI | 0.08% |
TREASURY BILL 00.0000 06/07/2022 | 0.07% |
NJ TPK AUTH-A-UNREF 05.0000 01/01/2024 | 0.06% |
NJ HLTH FACS-A-UNREF 05.0000 07/01/2027 | 0.02% |
MMD AAA P SP 0.0 07/06/22 CI | 0.02% |
MMD AAA R SP 0.0 07/06/22 CI | -0.01% |
MMD AAA R SP 0.0 05/24/22 MS | -0.09% |
MMD AAA R SP 0.0 05/26/22 MS | -0.09% |
MMD AAA R SP 0.0 07/05/22 CI | -0.10% |
MMD AAA R SP 0.0 05/03/22 MS | -0.15% |
MMD AAA R SP 0.0 05/17/22 MS | -0.29% |
PORT AUTH CONS 93RD 06.1250 06/01/2094 | 3.65% |
---|---|
GARDEN ST PRSRV-CAB-B 00.0000 11/01/2024 | 3.20% |
NJ HLTH-VAR-B-AHS HOS 00.5100 07/01/2036 | 3.20% |
HUDSON CNTY NJ IMPT 03.0000 10/01/2035 | 2.39% |
NEW JERSEY ST ECON DE 05.0000 11/01/2026 | 2.26% |
NEW JERSEY ST-A 04.0000 06/01/2030 | 2.23% |
NEW JERSEY ST EDUCTNL 04.0000 07/01/2050 | 2.10% |
NJ ST ECO DEV-NN 05.0000 03/01/2025 | 2.10% |
WHITING IN ENVRNMNTL 05.0000 12/01/2044 | 1.68% |
GARDEN ST PRESERV-A 05.7500 11/01/2028 | 1.56% |
NJ TRN FD CAB-SER C 00.0000 12/15/2024 | 1.52% |
NJ HLTH CARE-A-REF 05.0000 07/01/2043 | 1.51% |
NJ HLTHCARE FACS-REF 05.0000 07/01/2041 | 1.51% |
NJ TRANSPRTN TRUST-AA 05.2500 06/15/2032 | 1.48% |
NJ TRANSPRTN TRUST-AA 05.2500 06/15/2041 | 1.47% |
DE RIVER & BAY AUTH 05.0000 01/01/2040 | 1.47% |
NJ ECON DEV AUTH-REF 05.0000 06/15/2026 | 1.37% |
MTA HUDSON RAIL YRD-A 05.0000 11/15/2051 | 1.37% |
NEW JERSEY ST ECON DE 05.0000 06/15/2035 | 1.34% |
NJ ECON DEV AUTH-REF 05.0000 06/01/2037 | 1.34% |
NEW JERSEY ST ECON DE 05.0000 10/01/2037 | 1.30% |
MONMOUTH CO IMPT AUTH 04.0000 12/01/2037 | 1.14% |
TOBACCO SETTLEMENT-A 05.0000 06/01/2035 | 1.13% |
NJ TRN FD CAB-SER -A 00.0000 12/15/2033 | 1.13% |
NJ HLTH CARE FACS FIN 03.0000 07/01/2051 | 1.09% |
NJ ECON DEV AUTH 04.0000 06/15/2036 | 1.06% |
ESSEX CNTY NJ IMPT AU 04.0000 06/15/2056 | 1.04% |
NJ HLTH-ST PETERS UNV 05.7500 07/01/2037 | 1.02% |
UNION UTILS-A-REF 05.2500 12/01/2031 | 1.02% |
NEW JERSEY ST ECON DE 05.0000 06/01/2032 | 0.96% |
GUAM GOVT BUSINESS 04.0000 01/01/2042 | 0.96% |
NJ TRANSPRTN TRUST-A 05.0000 12/15/2033 | 0.94% |
NJ ECON DEV AUTH-REF 05.0000 01/01/2039 | 0.92% |
NJ TURNPIKE AUTH-E 05.0000 01/01/2034 | 0.91% |
MONMOUTH IMPT AUTH 04.0000 07/15/2034 | 0.91% |
NJ EDU FACS-A 05.0000 07/01/2035 | 0.90% |
PORT AUTH OF NEW YORK 05.0000 09/15/2030 | 0.88% |
SUSSEX UTILS-CABS-B 00.0000 12/01/2030 | 0.81% |
ALASKA ST INDL DEV-A 05.0000 10/01/2032 | 0.78% |
NJ TURNPIKE AUTH-A 05.0000 01/01/2048 | 0.77% |
NEW JERSEY ST TURNPIK 05.0000 01/01/2040 | 0.77% |
ATLANTIC CITY NJ-B 05.0000 03/01/2037 | 0.76% |
ATLANTIC CITY-A-REF 05.0000 03/01/2042 | 0.76% |
NJ TRANSPRTN TRUST-A 05.0000 12/15/2034 | 0.76% |
NEW JERSEY ST HLTH CA 05.0000 07/01/2042 | 0.76% |
NJ HLTH CARE FACS FIN 05.0000 07/01/2039 | 0.75% |
RUTGERS STATE UNIV-M 05.0000 05/01/2034 | 0.75% |
NJ ECON DEV AUTH-REF 05.2500 06/15/2032 | 0.75% |
NJ ECON DEV-A 05.0000 07/15/2030 | 0.75% |
NJ TPK AUTH-A-REF 05.0000 01/01/2035 | 0.74% |
NEW JERSEY ST HLTH CA 04.0000 07/01/2036 | 0.74% |
NEW JERSEY ST HLTH CA 04.0000 07/01/2038 | 0.74% |
PORT AUTH OF NEW YORK 05.0000 10/15/2041 | 0.74% |
TOBACCO SETTLEMENT-B 05.0000 06/01/2046 | 0.74% |
NJ ECON DEV AUTH 05.0000 07/15/2047 | 0.73% |
NJ ECON DEV-A-CHRT 05.0000 07/01/2050 | 0.73% |
PORT AUTH OF NEW YORK 05.0000 05/01/2045 | 0.73% |
NEW JERSEY ST TRANSPR 05.0000 06/15/2028 | 0.72% |
NJ HLTHCARE FACS-A 05.0000 07/01/2039 | 0.72% |
NEW JERSEY ST HLTH CA 05.0000 07/01/2044 | 0.72% |
S JERSEY NJ TRANSPRTN 05.0000 11/01/2045 | 0.72% |
NJ TURNPIKE-A 05.0000 01/01/2033 | 0.72% |
NJ HLTHCR FACS-REF 05.0000 08/15/2031 | 0.71% |
NJ ECON DEV AUTH 04.0000 06/15/2035 | 0.71% |
NJ EDUCTNL FACS-E-REF 05.0000 07/01/2023 | 0.71% |
NEW JERSEY ST TRANSPR 04.0000 12/15/2039 | 0.71% |
NEW JERSEY ST HLTH CA 04.0000 07/01/2041 | 0.70% |
NEW JERSEY ST ECON DE 04.0000 08/01/2059 | 0.70% |
DELAWARE RVR & BAY 05.0000 01/01/2042 | 0.70% |
NJ ECON DEV AUTH 06.0000 10/01/2033 | 0.69% |
NJ ECON DEV AUTH-A 04.7500 06/15/2032 | 0.68% |
NJ ECON DEV AUTH -A - 01.0000 06/01/2023 | 0.67% |
NJ HSG & MTGE-A-REF 04.5000 10/01/2048 | 0.62% |
NJ ST HLTH-REF-A 05.0000 07/01/2035 | 0.62% |
N BERGEN UTIL CAB-SUB 00.0000 12/15/2026 | 0.61% |
N BERGEN UTIL CAB-SUB 00.0000 12/15/2027 | 0.60% |
HUDSON CO IMP AUTH 04.0000 01/01/2035 | 0.59% |
DELAWARE RIVER PORT-A 05.0000 01/01/2038 | 0.59% |
DELAWARE RIVER PORT-A 05.0000 01/01/2039 | 0.59% |
OHIO ST-REV-REF 04.0000 07/01/2030 | 0.59% |
ESSEX CO IMP AUTH 144A 04.0000 07/15/2040 | 0.58% |
NJ EDUCTNL-REF 05.0000 07/01/2037 | 0.56% |
RUTGERS NJ ST UNIV 05.0000 05/01/2028 | 0.55% |
NJ ECON DEV AUTH-A 06.0000 07/01/2032 | 0.55% |
ATLANTIC CNTY NJ IMPT 04.0000 07/01/2047 | 0.54% |
NEW JERSEY ST TRANSPR 05.0000 06/15/2030 | 0.53% |
NJ ECON DEV AUTH-A 05.0000 01/01/2035 | 0.52% |
GUAM GOVT 05.0000 11/15/2031 | 0.50% |
OHIO ST-REV-REF 04.0000 07/01/2028 | 0.49% |
NJ HLTH-VAR-A4-COMP P 00.4800 07/01/2027 | 0.46% |
NJ EDU FACS-G-UNREFD 05.0000 07/01/2030 | 0.45% |
ATLANTIC CNTY NJ IMPT 04.0000 07/01/2053 | 0.43% |
PORT AUTH OF NEW YORK 05.0000 09/15/2031 | 0.42% |
NJ ECON DEV AUTH-AAA 05.0000 06/15/2036 | 0.41% |
DELAWARE RVR SYS REV 05.0000 07/01/2044 | 0.39% |
ALASKA ST INDL DEV-A 05.0000 10/01/2033 | 0.39% |
AMERICAN SAMOA ECO 144A 05.0000 09/01/2038 | 0.39% |
NEW JERSEY ST TURNPIK 05.0000 01/01/2037 | 0.39% |
SALEM IMPT AUTH-REF 04.0000 08/15/2037 | 0.38% |
NEW JERSEY ST EDUCTNL 05.0000 07/01/2034 | 0.38% |
NJ HLTH CARE FAC FIN 05.0000 07/01/2046 | 0.37% |
NJ HLTH CARE-A-REF 04.0000 07/01/2043 | 0.36% |
GUAM GOVT HOTEL OCCUP 05.0000 11/01/2035 | 0.35% |
DE RIVER & BAY AUTH 05.0000 01/01/2038 | 0.32% |
DE RIVER & BAY AUTH 05.0000 01/01/2035 | 0.32% |
NJ EDU FACS-G-PREREFD 05.0000 07/01/2030 | 0.29% |
SALEM IMPT AUTH-REF 04.0000 08/15/2048 | 0.29% |
TREASURY BILL 00.0000 04/21/2022 | 0.27% |
SALEM IMPT AUTH-REF 04.0000 08/15/2042 | 0.25% |
NJ ECON DEV-A-CHRT 05.0000 07/01/2038 | 0.22% |
NEW JERSEY ST EDUCTNL 04.0000 07/01/2038 | 0.19% |
NEW JERSEY ST EDUCTNL 05.0000 07/01/2033 | 0.18% |
CAMDEN CO IMPT-REF 05.0000 02/15/2035 | 0.18% |
NEW JERSEY ST EDUCTNL 04.0000 07/01/2050 | 0.18% |
NEW JERSEY ST EDUCTNL 03.0000 07/01/2040 | 0.18% |
NJ TURNPIKE AUTH-E 05.0000 01/01/2033 | 0.16% |
NEW JERSEY ST EDUCTNL 05.0000 07/01/2032 | 0.14% |
NEW JERSEY ST EDUCTNL 03.0000 07/01/2035 | 0.13% |
NEW JERSEY ST EDUCTNL 03.0000 07/01/2034 | 0.08% |
N HUDSON SWR-A-PREREF 05.0000 06/01/2042 | 0.08% |
CASH MGMT BILL 00.0000 06/07/2022 | 0.07% |
NJ TPK AUTH-A-UNREF 05.0000 01/01/2024 | 0.06% |
MMD AAA P SP 0.0 07/05/22 CI | 0.04% |
MMD AAA P SP 0.0 04/05/22 CI | 0.03% |
MMD AAA P SP 0.0 05/24/22 MS | 0.03% |
MMD AAA P SP 0.0 05/26/22 MS | 0.03% |
NJ HLTH FACS-A-UNREF 05.0000 07/01/2027 | 0.02% |
MMD AAA R SP 0.0 05/24/22 MS | -0.04% |
MMD AAA R SP 0.0 05/26/22 MS | -0.04% |
MMD AAA R SP 0.0 04/05/22 CI | -0.04% |
MMD AAA R SP 0.0 07/05/22 CI | -0.06% |
MMD AAA R SP 0.0 05/03/22 MS | -0.08% |
MMD AAA R SP 0.0 05/17/22 MS | -0.11% |
PORT AUTH CONS 93RD 06.1250 06/01/2094 | 3.45% |
---|---|
GARDEN ST PRSRV-CAB-B 00.0000 11/01/2024 | 3.03% |
NJ HLTH-VAR-B-AHS HOS 00.1900 07/01/2036 | 2.98% |
HUDSON CNTY NJ IMPT 03.0000 10/01/2035 | 2.32% |
NEW JERSEY ST-A 04.0000 06/01/2032 | 2.22% |
NEW JERSEY ST ECON DE 05.0000 11/01/2026 | 2.17% |
NEW JERSEY ST EDUCTNL 04.0000 07/01/2050 | 2.04% |
NJ ST ECO DEV-NN 05.0000 03/01/2025 | 1.97% |
NJ ST HGR ED-1A-AMT 05.0000 12/01/2022 | 1.63% |
WHITING IN ENVRNMNTL 05.0000 12/01/2044 | 1.60% |
GARDEN ST PRESERV-A 05.7500 11/01/2028 | 1.50% |
NJ HLTH CARE-A-REF 05.0000 07/01/2043 | 1.44% |
NJ TRN FD CAB-SER C 00.0000 12/15/2024 | 1.44% |
NJ HLTHCARE FACS-REF 05.0000 07/01/2041 | 1.44% |
DE RIVER & BAY AUTH 05.0000 01/01/2040 | 1.42% |
NJ TRANSPRTN TRUST-AA 05.2500 06/15/2032 | 1.41% |
NJ TRANSPRTN TRUST-AA 05.2500 06/15/2041 | 1.40% |
NEW JERSEY ST ECON DE 05.0000 06/15/2035 | 1.29% |
NJ ECON DEV AUTH-REF 05.0000 06/01/2037 | 1.29% |
NJ ECON DEV AUTH-REF 05.0000 06/15/2026 | 1.28% |
MTA HUDSON RAIL YRD-A 05.0000 11/15/2051 | 1.27% |
NEW JERSEY ST ECON DE 05.0000 10/01/2037 | 1.25% |
NJ TRN FD CAB-SER -A 00.0000 12/15/2033 | 1.11% |
MONMOUTH CO IMPT AUTH 04.0000 12/01/2037 | 1.10% |
NJ HLTH CARE FACS FIN 03.0000 07/01/2051 | 1.09% |
TOBACCO SETTLEMENT-A 05.0000 06/01/2035 | 1.09% |
NJ ECON DEV AUTH 04.0000 06/15/2036 | 1.03% |
ESSEX CNTY NJ IMPT AU 04.0000 06/15/2056 | 1.01% |
NJ HLTH-ST PETERS UNV 05.7500 07/01/2037 | 0.95% |
UNION UTILS-A-REF 05.2500 12/01/2031 | 0.95% |
GUAM GOVT BUSINESS 04.0000 01/01/2042 | 0.95% |
NEW JERSEY ST ECON DE 05.0000 06/01/2032 | 0.93% |
NJ TRANSPRTN TRUST-A 05.0000 12/15/2033 | 0.90% |
NJ ECON DEV AUTH-REF 05.0000 01/01/2039 | 0.87% |
MONMOUTH IMPT AUTH 04.0000 07/15/2034 | 0.87% |
NJ TURNPIKE AUTH-E 05.0000 01/01/2034 | 0.87% |
NJ EDU FACS-A 05.0000 07/01/2035 | 0.86% |
PORT AUTH OF NEW YORK 05.0000 09/15/2030 | 0.86% |
SUSSEX UTILS-CABS-B 00.0000 12/01/2030 | 0.79% |
NJ ECON DEV AUTH-AMT 05.0000 01/01/2031 | 0.78% |
ALASKA ST INDL DEV-A 05.0000 10/01/2032 | 0.76% |
NJ TURNPIKE AUTH-A 05.0000 01/01/2048 | 0.74% |
NEW JERSEY ST TURNPIK 05.0000 01/01/2040 | 0.74% |
NEW JERSEY ST HLTH CA 05.0000 07/01/2042 | 0.73% |
NJ TRANSPRTN TRUST-A 05.0000 12/15/2034 | 0.73% |
ATLANTIC CITY NJ-B 05.0000 03/01/2037 | 0.73% |
ATLANTIC CITY-A-REF 05.0000 03/01/2042 | 0.73% |
NJ HLTH CARE FACS FIN 05.0000 07/01/2039 | 0.72% |
RUTGERS STATE UNIV-M 05.0000 05/01/2034 | 0.72% |
NEW JERSEY ST HLTH CA 04.0000 07/01/2036 | 0.72% |
NEW JERSEY ST HLTH CA 04.0000 07/01/2038 | 0.72% |
NJ ECON DEV AUTH-REF 05.2500 06/15/2032 | 0.71% |
NJ ECON DEV-A 05.0000 07/15/2030 | 0.71% |
NJ TPK AUTH-A-REF 05.0000 01/01/2035 | 0.71% |
TOBACCO SETTLEMENT-B 05.0000 06/01/2046 | 0.71% |
PORT AUTH OF NEW YORK 05.0000 10/15/2041 | 0.70% |
NJ ECON DEV-A-CHRT 05.0000 07/01/2050 | 0.70% |
S JERSEY NJ TRANSPRTN 05.0000 11/01/2045 | 0.70% |
NJ ECON DEV AUTH 05.0000 07/15/2047 | 0.70% |
PORT AUTH OF NEW YORK 05.0000 05/01/2045 | 0.69% |
NEW JERSEY ST TRANSPR 05.0000 06/15/2028 | 0.69% |
NJ ECON DEV AUTH 04.0000 06/15/2035 | 0.69% |
NEW JERSEY ST HLTH 05.0000 07/01/2045 | 0.69% |
NEW JERSEY ST HLTH CA 04.0000 07/01/2041 | 0.69% |
NEW JERSEY ST TRANSPR 04.0000 12/15/2039 | 0.69% |
NJ HLTHCARE FACS-A 05.0000 07/01/2039 | 0.69% |
NEW JERSEY ST HLTH CA 05.0000 07/01/2044 | 0.68% |
NJ TURNPIKE-A 05.0000 01/01/2033 | 0.68% |
NEW JERSEY ST ECON DE 04.0000 08/01/2059 | 0.68% |
NJ HLTHCR FACS-REF 05.0000 08/15/2031 | 0.67% |
NJ EDUCTNL FACS-E-REF 05.0000 07/01/2023 | 0.67% |
DELAWARE RVR & BAY 05.0000 01/01/2042 | 0.66% |
NJ HSG & MTGE-A-REF 04.5000 10/01/2048 | 0.65% |
NJ ECON DEV AUTH 06.0000 10/01/2033 | 0.65% |
NJ ECON DEV AUTH-A 04.7500 06/15/2032 | 0.64% |
NJ ECON DEV AUTH -A - 01.0000 06/01/2023 | 0.63% |
NJ HLTH VAR-C-VIRTUA 00.0100 07/01/2043 | 0.63% |
NJ ST HLTH-REF-A 05.0000 07/01/2035 | 0.59% |
N BERGEN UTIL CAB-SUB 00.0000 12/15/2026 | 0.58% |
HUDSON CO IMP AUTH 04.0000 01/01/2035 | 0.58% |
N BERGEN UTIL CAB-SUB 00.0000 12/15/2027 | 0.57% |
DELAWARE RIVER PORT-A 05.0000 01/01/2038 | 0.57% |
DELAWARE RIVER PORT-A 05.0000 01/01/2039 | 0.57% |
OHIO ST-REV-REF 04.0000 07/01/2030 | 0.57% |
ESSEX CO IMP AUTH 144A 04.0000 07/15/2040 | 0.56% |
ATLANTIC CNTY NJ IMPT 04.0000 07/01/2047 | 0.53% |
RUTGERS NJ ST UNIV 05.0000 05/01/2028 | 0.53% |
NJ EDUCTNL-REF 05.0000 07/01/2037 | 0.53% |
NJ ECON DEV AUTH-A 06.0000 07/01/2032 | 0.51% |
NEW JERSEY ST TRANSPR 05.0000 06/15/2030 | 0.51% |
NJ ECON DEV AUTH-A 05.0000 01/01/2035 | 0.50% |
GUAM GOVT 05.0000 11/15/2031 | 0.48% |
OHIO ST-REV-REF 04.0000 07/01/2028 | 0.47% |
NJ HLTH-VAR-A4-COMP P 00.1800 07/01/2027 | 0.43% |
NJ EDU FACS-G-UNREFD 05.0000 07/01/2030 | 0.42% |
ATLANTIC CNTY NJ IMPT 04.0000 07/01/2053 | 0.42% |
PORT AUTH OF NEW YORK 05.0000 09/15/2031 | 0.41% |
NJ ECON DEV AUTH-AAA 05.0000 06/15/2036 | 0.39% |
DELAWARE RVR SYS REV 05.0000 07/01/2044 | 0.38% |
ALASKA ST INDL DEV-A 05.0000 10/01/2033 | 0.38% |
AMERICAN SAMOA ECO 144A 05.0000 09/01/2038 | 0.38% |
SALEM IMPT AUTH-REF 04.0000 08/15/2037 | 0.38% |
NEW JERSEY ST TURNPIK 05.0000 01/01/2037 | 0.37% |
NEW JERSEY ST EDUCTNL 05.0000 07/01/2034 | 0.36% |
NJ HLTH CARE FAC FIN 05.0000 07/01/2046 | 0.35% |
NJ HLTH CARE-A-REF 04.0000 07/01/2043 | 0.34% |
GUAM GOVT HOTEL OCCUP 05.0000 11/01/2035 | 0.34% |
DE RIVER & BAY AUTH 05.0000 01/01/2038 | 0.32% |
DE RIVER & BAY AUTH 05.0000 01/01/2035 | 0.31% |
SALEM IMPT AUTH-REF 04.0000 08/15/2048 | 0.28% |
NJ EDU FACS-G-PREREFD 05.0000 07/01/2030 | 0.28% |
TREASURY BILL 00.0000 04/21/2022 | 0.25% |
SALEM IMPT AUTH-REF 04.0000 08/15/2042 | 0.25% |
NJ ECON DEV-A-CHRT 05.0000 07/01/2038 | 0.21% |
NEW JERSEY ST EDUCTNL 04.0000 07/01/2038 | 0.19% |
NEW JERSEY ST EDUCTNL 03.0000 07/01/2040 | 0.18% |
NEW JERSEY ST EDUCTNL 05.0000 07/01/2033 | 0.18% |
NEW JERSEY ST EDUCTNL 04.0000 07/01/2050 | 0.17% |
CAMDEN CO IMPT-REF 05.0000 02/15/2035 | 0.17% |
NJ TURNPIKE AUTH-E 05.0000 01/01/2033 | 0.15% |
NEW JERSEY ST EDUCTNL 05.0000 07/01/2032 | 0.14% |
NEW JERSEY ST EDUCTNL 03.0000 07/01/2035 | 0.13% |
NEW JERSEY ST EDUCTNL 03.0000 07/01/2034 | 0.08% |
N HUDSON SWR-A-PREREF 05.0000 06/01/2042 | 0.07% |
NJ TPK AUTH-A-UNREF 05.0000 01/01/2024 | 0.05% |
MMD AAA P SP 0.0 07/05/22 CI | 0.02% |
NJ HLTH FACS-A-UNREF 05.0000 07/01/2027 | 0.02% |
MMD AAA R SP 0.0 05/17/22 MS | 0.01% |
MMD AAA P SP 0.0 04/05/22 CI | 0.01% |
MMD AAA R SP 0.0 05/24/22 MS | 0.00% |
MMD AAA R SP 0.0 05/26/22 MS | 0.00% |
MMD AAA P SP 0.0 05/24/22 MS | -0.00% |
MMD AAA P SP 0.0 05/26/22 MS | -0.00% |
CPURNSA P 3.363 R 11/17/26 | -0.02% |
MMD AAA R SP 0.0 05/03/22 MS | -0.02% |
MMD AAA R SP 0.0 04/05/22 CI | -0.02% |
MMD AAA R SP 0.0 07/05/22 CI | -0.03% |
US 5YR NOTE (CBT) JUN22 FVM2 | -1.95% |
Portfolio composition as of 05/31/22
Municipal bonds and notes | 97.90% |
---|---|
Cash and net other assets | 2.10% |
Fixed income statistics as of 05/31/22
Average stated maturity | 17.91 yrs. |
---|---|
Average effective maturity | 7.48 yrs. |
Option adjusted duration | 7.29 yrs. |
Duration to worst | 5.94 yrs. |
Average yield to maturity | 5.92% |
Average coupon | 4.34% |
AMT exposure | 7.97% |
Quality rating as of 05/31/22
AAA | 2.23% |
---|---|
AA | 39.36% |
A | 35.98% |
BBB | 15.32% |
BB | 3.75% |
B | 0.58% |
Not Rated | 0.68% |
Cash and net other assets | 2.10% |
Fund characteristics will vary over time.
Due to rounding, percentages may not equal 100%.
Consider these risks before investing: The value of investments in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general economic, political, or financial market conditions; investor sentiment and market perceptions; government actions; geopolitical events or changes; and factors related to a specific issuer, geography, industry, or sector. These and other factors may lead to increased volatility and reduced liquidity in the fund’s portfolio holdings.
The fund’s performance will be closely tied to the economic and political conditions in New Jersey, and can be more volatile than the performance of a more geographically diversified fund. To the extent the fund invests in securities of issuers located outside of New Jersey, the fund may also be exposed to the risks affecting other states. Capital gains, if any, are taxed at the federal and, in most cases, state levels. For some investors, investment income may be subject to the federal alternative minimum tax.
Bond investments are subject to interest-rate risk (the risk of bond prices falling if interest rates rise) and credit risk (the risk of an issuer defaulting on interest or principal payments). Interest-rate risk is generally greater for longer-term bonds, and credit risk is generally greater for below-investment-grade bonds. Unlike bonds, funds that invest in bonds have fees and expenses. Tax-exempt bonds may be issued under the Internal Revenue Code only by limited types of issuers for limited types of projects. As a result, the fund’s investments may be focused in certain market segments and be more vulnerable to fluctuations in the values of the securities it holds than a more broadly invested fund. Interest the fund receives might be taxable.
Our investment techniques, analyses, and judgments may not produce the outcome we intend. The investments we select for the fund may not perform as well as other securities that we do not select for the fund. We, or the fund’s other service providers, may experience disruptions or operating errors that could have a negative effect on the fund. You can lose money by investing in the fund.
Credit qualities are shown as a percentage of net assets. A bond rated BBB or higher (SP-3 or higher, for short-term debt) is considered investment grade. This chart reflects the highest security rating provided by one or more of Standard & Poor's, Moody's, and Fitch. Ratings may vary over time. Cash and net other assets, if any, represent the market value weights of cash, derivatives, and short-term securities in the portfolio. The fund itself has not been rated by an independent rating agency.
Top industry sectors as of 05/31/22
Transportation | 20.79% |
---|---|
State Debt | 17.87% |
Education | 15.65% |
Health care | 13.85% |
Local Debt | 9.24% |
Special Tax | 6.94% |
Utilities | 4.55% |
Other | 2.44% |
Cash and net other assets | 2.10% |
Other | 6.57% |
0
Sectors will vary over time.
Expenses
Expense ratio |
Class A | Class B | Class C | Class R6 | Class Y |
---|---|---|---|---|---|
Total expense ratio | 0.82% | 1.42% | 1.57% | 0.56% | 0.57% |
What you pay | 0.82% | 1.42% | 1.57% | 0.56% | 0.57% |
Sales charge
Investment Breakpoint | Class A | Class B | Class C | Class R6 | Class Y |
---|---|---|---|---|---|
$0-$49,999 | 4.00% | 0.00% | 0.00% | -- | -- |
$50,000-$99,999 | 3.25% | 0.00% | 0.00% | -- | -- |
$100,000-$249,999 | 2.50% | -- | 0.00% | -- | -- |
$250,000-$499,999 | 0.00% | -- | 0.00% | -- | -- |
$500,000-$999,999 | 0.00% | -- | -- | -- | -- |
$1M-$4M | 0.00% | -- | -- | -- | -- |
$4M-$50M | 0.00% | -- | -- | -- | -- |
$50M+ | 0.00% | -- | -- | -- | -- |
CDSC
Class A (sales for $250,000+) | Class B | Class C | Class R6 | Class Y | |
---|---|---|---|---|---|
0 to 9 mts. | 1.00% | 5.00% | 1.00% | -- | -- |
9 to 12 mts. | 1.00% | 5.00% | 1.00% | -- | -- |
2 yrs. | 0.00% | 4.00% | 0.00% | -- | -- |
3 yrs. | 0.00% | 3.00% | 0.00% | -- | -- |
4 yrs. | 0.00% | 3.00% | 0.00% | -- | -- |
5 yrs. | 0.00% | 2.00% | 0.00% | -- | -- |
6 yrs. | 0.00% | 1.00% | 0.00% | -- | -- |
7+ yrs. | 0.00% | 0.00% | 0.00% | -- | -- |
The Bloomberg Municipal Bond Index is an unmanaged index of long-term fixed-rate investment-grade tax-exempt bonds. You cannot invest directly in an index.
Consider these risks before investing: The value of investments in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general economic, political, or financial market conditions; investor sentiment and market perceptions; government actions; geopolitical events or changes; and factors related to a specific issuer, geography, industry, or sector. These and other factors may lead to increased volatility and reduced liquidity in the fund’s portfolio holdings.
The fund’s performance will be closely tied to the economic and political conditions in New Jersey, and can be more volatile than the performance of a more geographically diversified fund. To the extent the fund invests in securities of issuers located outside of New Jersey, the fund may also be exposed to the risks affecting other states. Capital gains, if any, are taxed at the federal and, in most cases, state levels. For some investors, investment income may be subject to the federal alternative minimum tax.
Bond investments are subject to interest-rate risk (the risk of bond prices falling if interest rates rise) and credit risk (the risk of an issuer defaulting on interest or principal payments). Interest-rate risk is generally greater for longer-term bonds, and credit risk is generally greater for below-investment-grade bonds. Unlike bonds, funds that invest in bonds have fees and expenses. Tax-exempt bonds may be issued under the Internal Revenue Code only by limited types of issuers for limited types of projects. As a result, the fund’s investments may be focused in certain market segments and be more vulnerable to fluctuations in the values of the securities it holds than a more broadly invested fund. Interest the fund receives might be taxable.
Our investment techniques, analyses, and judgments may not produce the outcome we intend. The investments we select for the fund may not perform as well as other securities that we do not select for the fund. We, or the fund’s other service providers, may experience disruptions or operating errors that could have a negative effect on the fund. You can lose money by investing in the fund.
Credit qualities are shown as a percentage of net assets. A bond rated BBB or higher (SP-3 or higher, for short-term debt) is considered investment grade. This chart reflects the highest security rating provided by one or more of Standard & Poor's, Moody's, and Fitch. Ratings may vary over time. Cash and net other assets, if any, represent the market value weights of cash, derivatives, and short-term securities in the portfolio. The fund itself has not been rated by an independent rating agency.