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 03/02/2015  

  Subsidized3 Un-Subsidized4
w/o sales charge - 3.42%
w/ sales charge - 3.35%

30-Day Standardized Yield 2 as of 01/31/2015  

 
3.15%

Fund Basicsas of 01/30/2015

Total Net Assets
$101.86 M
Inception Date
01/02/1991
Dividend Frequency
Monthly (Daily Accrual)
Fund Expense Ratio
0.85%
Number of Holdings
114

Fund Expense Ratio :

0.85%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 01/02/1991
w/o sales charge 2.08% 11.16% 4.51% 5.72% 3.87% 5.40%
Lipper Category Avg. New Jersey Municipal Debt Funds 1.63% 9.39% 3.61% 4.97% 4.10% -
Barclays Municipal Bond Index 1.77% 8.86% 4.12% 5.42% 4.82% -
w/ sales charge -0.12% 8.63% 3.74% 5.23% 3.63% 5.30%

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 12.07% 12.07% 5.27% 5.41% 3.79% 5.33%
Lipper Category Avg. New Jersey Municipal Debt Funds 10.02% 10.02% 4.15% 4.77% 4.04% -
Barclays Municipal Bond Index 9.05% 9.05% 4.30% 5.16% 4.74% -
w/ sales charge 9.45% 9.45% 4.47% 4.92% 3.55% 5.23%

Fund Expense Ratio :

0.85%

Investment Team

Daniel S. Solender
Daniel S. Solender, CFA

Partner & Director

27 Years of Industry Experience

Philip B. Herman
Philip B. Herman

Portfolio Manager

15 Years of Industry Experience

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

Fund Performance Details next tab

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