Mutual Fund Insights: Franklin NJ Tax-Free Income A Fund (FRNJX)

In-depth Analysis of Franklin NJ Tax-Free Income A Fund (FRNJX)

3 months 6 months 1 year 3 year 5 year

See Franklin NJ Tax-Free Income A Fund (FRNJX) performance details as of January 31, 2010

  

Last Trade: $12.03 on 3/18/2010, Change: 0.00 (0%)

  

Fund Manager - Stella S. Wong

Fund Manager Tenure: 21.9 years
Fundmojo Fund Grade: B (Score: 0.65)     (What does this score mean?)

Wong joined Franklin Advisers in 1986. She currently manages several Franklin state tax-free funds, supervises Franklin's municipal trading desk, and acts as liaison between the municipal bond department and other areas of Franklin. Wong is a member of the California Society of Municipal Analysts and the San Francisco Municipal Bond Club.  Get more insights on Stella S. Wong

  

 What we like about Franklin NJ Tax-Free Income A Fund (FRNJX)

Data for Franklin NJ Tax-Free Income A Fund (FRNJX) as of January 31, 2010

• Franklin NJ Tax-Free Income A Fund (FRNJX) management has been with Franklin NJ Tax-Free Income A Fund for 21.9 years
• Franklin NJ Tax-Free Income A Fund (FRNJX) has good mid-term performance (3-year return 3.94% vs 2.92% Muni New Jersey category average)
• Franklin NJ Tax-Free Income A Fund (FRNJX) has good Long-term performance (5-year return 3.89% vs 3.24% Muni New Jersey category average)
• Franklin NJ Tax-Free Income A Fund (FRNJX) ratio of up-years vs down years is greater than 2
• Franklin NJ Tax-Free Income A Fund (FRNJX) has a Morningstar rating of 4 and above
• Franklin NJ Tax-Free Income A Fund (FRNJX) is less volatile than its peers as it has a 3-year Standard Deviation of 6.34, lower than category average of 7.29
• Franklin NJ Tax-Free Income A Fund (FRNJX) has a lower management fee than its Muni New Jersey average: 0.63% vs 1.02%

  

 What we are cautious about Franklin NJ Tax-Free Income A Fund (FRNJX)

Data for Franklin NJ Tax-Free Income A Fund (FRNJX) as of January 31, 2010

• Franklin NJ Tax-Free Income A Fund (FRNJX) has a less-than-ideal short-term performance (1-year return 11.49% vs 12.62% Muni New Jersey category average)
• Franklin NJ Tax-Free Income A Fund (FRNJX) carries a 4.25% load

See Franklin NJ Tax-Free Income A Fund (FRNJX) performance details as of January 31, 2010

  

  

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Franklin NJ Tax-Free Income A Fund (FRNJX) Net Asset

Track net asset change of Franklin NJ Tax-Free Income A fund (FRNJX)

Date	Net Asset
01/2010	$1.22B
11/2009	$1.21B
10/2009	$1.20B

More historic net asset information on Franklin NJ Tax-Free Income A Fund (FRNJX)

  

Franklin NJ Tax-Free Income A Fund (FRNJX) Portfolio Allocation

Track portfolio allocation change of Franklin NJ Tax-Free Income A fund (FRNJX)

Date	Cash	Stock	Bond	Other
09/2009	0.16%	0%	99.84%	0%
06/2009	0.34%	0%	99.66%	0%
03/2009	1.48%	0%	98.52%	0%

Click here to see more historic asset allocation information on Franklin NJ Tax-Free Income A Fund (FRNJX)

  

Most Recent Top 10 Holdings in Franklin NJ Tax-Free Income A Fund (FRNJX)

Discover what Franklin NJ Tax-Free Income A Fund (FRNJX) manager is buying

30-Sep-09 Puerto Rico Elec Pwr Auth 5% [2.3%] Puerto Rico Sales Tax Fing Cor Rev Bd 6% [2.29%] Rutgers St Univ N J Go Bds 5% [1.93%] New Jersey St Transn Tr Fd Aut Trans 6% [1.88%] Newark N J Hsg Auth 5% [1.86%] Univ Medicine & Dentistr Bds 5% [1.85%] New Jersey Health Care Facs Fi Rev Bd 5% [1.77%] PORT AUTH N Y & N J CONS BDS [1.62%] New Jersey St Tpk Auth 5.25% [1.53%] Puerto Rico Elec Pwr Auth 5% [1.45%]

30-Jun-09 Puerto Rico Elec Pwr Auth 5% [2.5%] Newark N J Hsg Auth 5% [2.04%] Rutgers St Univ N J Go Bds 5% [2.02%] New Jersey St Transn Tr Fd Aut Trans 6% [1.94%] Univ Medicine & Dentistr Bds 5% [1.78%] PUERTO RICO SALES TAX FING COR REV BDS [1.77%] Port Auth 5% [1.76%] New Jersey Health Care Facs Fi Rev Bd 5% [1.62%] New Jersey Health Care Facs Fi Rev Bd 6% [1.53%] Puerto Rico Pub Bldgs Auth 5.375% [1.46%]

31-Mar-09 Puerto Rico Elec Pwr Auth 5% [3.96%] NEWARK N J HSG AUTH PORT AUTH REV BDS [2.43%] New Jersey St Transn Tr Fd Aut Trans 6% [1.94%] Rutgers St Univ N J Go Bds 5% [1.84%] Port Auth 5% [1.77%] Univ Medicine & Dentistr Bds 5% [1.69%] New Jersey Econ Dev Auth 5% [1.58%] New Jersey Health Care Facs Fi Rev Bd 6% [1.57%] New Jersey Health Care Facs Fi Rev Bd 5% [1.55%] Puerto Rico Pub Bldgs Auth 5.375% [1.49%]

Click here for Stock Holding Change Map in Franklin NJ Tax-Free Income A Fund (FRNJX)

  

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See more information on Franklin NJ Tax-Free Income A Fund (FRNJX)

• Franklin NJ Tax-Free Income A Fund Insights
• Franklin NJ Tax-Free Income A Fund Performance Data
• Franklin NJ Tax-Free Income A Fund News
• Franklin NJ Tax-Free Income A Fund Score Explaination
• Franklin NJ Tax-Free Income A Fund Manager Information
• Historic Franklin NJ Tax-Free Income A Fund Asset Allocation Report
• Historic Franklin NJ Tax-Free Income A Fund Top 10 Holding Tracking
• Historic Franklin NJ Tax-Free Income A Fund Asset Under Management Tracking