Franklin New Jersey Tax-Free Income Fund C (FNIIX)
10.42
+0.05
(+0.48%)
USD |
May 26 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.24% | 824.29M | -- | 18.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 44.25M | 6.23% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide investors with as high a level of income exempt from federal income taxes and from personal income taxes, if any, for resident shareholders of New Jersey. The Fund invests at least 80% of its total assets in securities that pay interest free from the personal income taxes, if any, of New Jersey. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | New Jersey Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | New Jersey Municipal Debt Funds |
| Fund Owner Firm Name | Franklin Templeton |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
81
-2.861M
Peer Group Low
21.35M
Peer Group High
1 Year
% Rank:
32
44.25M
-31.95M
Peer Group Low
353.40M
Peer Group High
3 Months
% Rank:
96
-5.292M
Peer Group Low
121.23M
Peer Group High
3 Years
% Rank:
76
-85.59M
Peer Group Low
521.55M
Peer Group High
6 Months
% Rank:
96
-25.68M
Peer Group Low
194.56M
Peer Group High
5 Years
% Rank:
49
-133.41M
Peer Group Low
384.39M
Peer Group High
YTD
% Rank:
96
-6.306M
Peer Group Low
121.23M
Peer Group High
10 Years
% Rank:
96
-404.22M
Peer Group Low
620.14M
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 27, 2026.
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | 0.01% |
| Stock | 0.00% |
| Bond | 98.80% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 1.19% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| DELAWARE RIV JT TOLL BRDG COMMN PA BRDG REV PA 5.000 07/01/2042 | 2.42% | 101.05 | 0.05% |
| NEWARK N J HSG AUTH PORT AUTH PORT NEWARK MARINE TERM RENT BACKED NJ 4.000 01/01/2037 | 2.36% | 100.45 | 0.05% |
| NEW JERSEY ECONOMIC DEV AUTH SPL FAC REV NJ 5.000 10/01/2047 | 2.34% | 99.14 | 0.69% |
| NEW JERSEY HEALTH CARE FACS FING AUTH REV NJ 5.000 07/01/2046 | 2.26% | 100.03 | 0.00% |
| TOBACCO SETTLEMENT FING CORP N J NJ 5.250 06/01/2046 | 2.06% | 100.26 | 0.11% |
| NEW JERSEY ST TPK AUTH TPK REV NJ 5.000 01/01/2048 | 1.93% | 102.08 | 0.14% |
| NEW JERSEY ST TPK AUTH TPK REV NJ 5.000 01/01/2042 | 1.83% | 107.54 | 0.38% |
| NEW JERSEY ST EDL FACS AUTH REV NJ 5.250 03/01/2054 | 1.77% | 106.36 | 0.38% |
| NEW JERSEY HEALTH CARE FACS FING AUTH REV NJ 0.250 07/01/2043 | 1.74% | 100.00 | 0.00% |
| DELAWARE RIV & BAY AUTH DEL REV DE 4.000 01/01/2044 | 1.51% | 97.88 | 0.69% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.65% |
| Actual Management Fee | 0.48% |
| Administration Fee | -- |
| Maximum Front Load | 0.00% |
| Maximum Deferred Load | 1.00% |
| Maximum Redemption Fee | 0.00% |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1000.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide investors with as high a level of income exempt from federal income taxes and from personal income taxes, if any, for resident shareholders of New Jersey. The Fund invests at least 80% of its total assets in securities that pay interest free from the personal income taxes, if any, of New Jersey. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | New Jersey Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | New Jersey Municipal Debt Funds |
| Fund Owner Firm Name | Franklin Templeton |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (5-22-26) | 2.62% |
| 30-Day SEC Yield (4-30-26) | 2.73% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 213 |
| Bond | |
| Yield to Maturity (12-31-25) | 4.12% |
| Effective Duration | 7.40 |
| Average Coupon | 4.67% |
| Calculated Average Quality | 2.803 |
| Effective Maturity | 10.93 |
| Nominal Maturity | 18.90 |
| Number of Bond Holdings | 211 |
As of December 31, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FNIIX", "name") |
| Broad Asset Class: =YCI("M:FNIIX", "broad_asset_class") |
| Broad Category: =YCI("M:FNIIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FNIIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |