Morningstar

Franklin New Jersey Tax Free Income Fund Advisor Class FNJZX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 9.72  /  +0.73 %
  • Total Assets 754.2M
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 0.600%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Muni New Jersey
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 3.58%
  • Effective Duration 7.61 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:46 AM GMT+0

Morningstar’s Analysis FNJZX

Will FNJZX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FNJZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FNJZX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FNJZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Franklin NJ Tax Free Income Adv holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FNJZX

More FNJZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

DELAWARE RIV JT TOLL BRDG COMMN PA BRDG REV 5%

2.43 20M
municipal

NEW JERSEY ECONOMIC DEV AUTH SPL FAC REV 5%

2.40 19M
municipal

NEWARK N J HSG AUTH PORT AUTH PORT NEWARK MARINE TERM RENT 4%

2.35 19M
municipal

NEW JERSEY HEALTH CARE FACS FING AUTH 2.4%

2.25 18M
municipal

TOBACCO SETTLEMENT FING CORP N J 5.25%

2.12 17M
municipal

NEW JERSEY ST TPK AUTH TPK REV 5.25%

1.94 16M
municipal

NEW JERSEY ST TPK AUTH TPK REV 5%

1.81 15M
municipal

NEW JERSEY HEALTH CARE FACS FING AUTH 2.42%

1.48 12M
municipal

DELAWARE RIV & BAY AUTH DEL REV 4%

1.45 12M
municipal

NEW JERSEY HEALTH CARE FACS FING AUTH REV 4%

1.38 11M
municipal

Sponsor Center