What is the New Jersey Tax Free Fund ?

The Fund seeks to deliver a high level of income exempt from federal and state taxation by investing primarily in New Jersey municipal bonds.

Yield

Dividend Yield 1 as of 04/24/2015  

  Subsidized3 Un-Subsidized4
w/o sales charge - 3.35%
w/ sales charge - 3.27%

30-Day Standardized Yield 2 as of 03/31/2015  

 
3.31%

Fund Basicsas of 03/31/2015

Total Net Assets
$101.83 M
Inception Date
01/02/1991
Dividend Frequency
Monthly (Daily Accrual)
Fund Expense Ratio
0.85%
Number of Holdings
122

Fund Expense Ratio :

0.85%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 01/02/1991
w/o sales charge 0.84% 7.77% 4.20% 5.21% 3.83% 5.31%
Lipper Category Avg. New Jersey Municipal Debt Funds 0.68% 6.25% 3.38% 4.57% 4.06% -
Barclays Municipal Bond Index 1.01% 6.62% 4.05% 5.11% 4.85% -
w/ sales charge -1.34% 5.35% 3.43% 4.73% 3.60% 5.21%

Fund Expense Ratio :

0.85%

Fund Expense Ratio :

0.85%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 01/02/1991
w/o sales charge 0.84% 7.77% 4.20% 5.21% 3.83% 5.31%
Lipper Category Avg. New Jersey Municipal Debt Funds 0.68% 6.25% 3.38% 4.57% 4.06% -
Barclays Municipal Bond Index 1.01% 6.62% 4.05% 5.11% 4.85% -
w/ sales charge -1.34% 5.35% 3.43% 4.73% 3.60% 5.21%

Fund Expense Ratio :

0.85%

Investment Team

Daniel S. Solender
Daniel S. Solender, CFA

Partner & Director

28 Years of Industry Experience

Philip B. Herman
Philip B. Herman

Portfolio Manager

16 Years of Industry Experience

Supported By 11 Investment Professionals and 9 Years Avg. Industry Experience

Fund Performance Details next tab

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