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Company Details

New Jersey Tax-Free Bond Fund

NJTFX - NASDAQ

Identifiants & Marche

Ticker NJTFX
ISIN N/A
CIK 0000795384
Bourse NASDAQ
Devise USD

Classification

Secteur Financial Services
Industrie Asset Management - Bonds

Entreprise

Pays US
Siege N/A
Fondee N/A
Site Web Lien

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 by investing primarily in investment-grade New Jersey municipal bonds. The fund will invest so that, under normal market conditions, at least 80% of its net assets (including any borrowings for investment purposes) are invested 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. It is non-diversified.
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