Performance
Trailing returns
| 1 day |
| -0.07% | |||
| 1 week |
| -0.10% | |||
| 4 week |
| -0.13% | |||
| 3 month | +0.53% |
| |||
| YTD | +1.18% |
| |||
| 1 year | +4.78% |
| |||
| 3 years* | +5.96% |
| |||
| 5 years* | +5.53% |
| |||
| *annualised | |||||
| Best 3-month return | +6.88% | |
| Worst 3-month return | -6.37% |
Morningstar statistics
Morningstar category: Muni New Jersey
| Return | Risk | Rating | |
| 3 years | Above Average | Average |
 
|
| 5 years | Above Average | Below Average |
|
| 10 years | Above Average | Below Average |
|
| Overall | Above Average | Below Average |
|
Key statistics
| Total assets | 316.10M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.53% | |
| Management fee | - | |
| Fund family | T. Rowe Price |
Asset allocation
| Cash | 0.38% | |
| Stocks | 0.00% | |
| Bonds | 99.62% | |
| Other | 0.00% |
Purchase information
| Initial | $2,500 | |
| Additional | $100 | |
| IRA Initial | $1,000 | |
| AIP Initial | $2,500 | |
| AIP Additional | $100 |
12.21-0.01(-0.08%)
May 22, 4:00pm GMT-4
Overall Morningstar RatingTM
Description
The investment seeks to provide, consistent with prudent portfolio management, the highest level of income exempt from federal and New Jersey state income taxes. The fund normally invests at least 80% of net assets in bonds that pay interest exempt from federal and New Jersey state income taxes, and at least 80% of the fund's income is expected to be exempt from federal and New Jersey state income taxes. Its weighted average maturity is expected to normally exceed 10 years. The fund may invest up to 10% of its total assets in noninvestment-grade securities. It is non-diversified.
Fund filings (PDF) »
Fund filings (PDF) »
Asset manager:
Konstantine Mallas (Started: Apr 30, 2000)
Konstantine Mallas (Started: Apr 30, 2000)
Dubai International Financial Centre, PO Box 482023, The Gate, Level 15, Office 24
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | -0.14 | -0.25 | -0.19 | -0.30 | |
| Beta* | 1.20 | 1.07 | 1.00 | 0.98 | |
| Mean annual return | 0.50 | 0.52 | 0.49 | 0.39 | |
| R-squared* | 98.24 | 97.03 | 94.78 | 96.43 | |
| Standard deviation | 3.45 | 4.07 | 4.84 | 4.50 | |
| Sharpe ratio | 1.71 | 1.51 | 1.14 | 0.65 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| New Jersey St Transn Tr Fd Aut Tran 5.5% | 2.65% | |
| New Jersey St Edl Facs Auth 5.5% | 1.83% | |
| New Jersey Inst Tech Go Bds 5% | 1.81% | |
| New Jersey Health Care Facs Fi Rev Re 5% | 1.68% | |
| Mercer Cnty N J Go Ref Bd 5% | 1.58% | |
| New Jersey Econ Dev Auth 5% | 1.51% | |
| New Jersey St Transn Tr Fd Aut Tran 5.5% | 1.49% | |
| Middlesex Cnty N J Ctfs Partn Ref Cop 5% | 1.45% | |
| New Jersey St Tpk Auth 5.25% | 1.43% | |
| North Hudson Sew Auth 5% | 1.43% |