| No headlines available for MDNJX. |
| | | Morningstar Overall Rating: |  | | Total Assets: | 36.22M | | Category: | Muni New Jersey | | Total Expense Ratio: | 0.73% |
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| PERFORMANCE & RISK | 31-Oct-09 |
| YTD Return: | 16.01% | | 5y Avg Return: | 4.03% | | Rank in Category (ytd): | 16 | | % Rank in Category (ytd): | 22.54% | | Beta (3y): | 1.15 | | Morningstar Risk Rating: | Above average |
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| The investment seeks income that is exempt from federal income tax and New Jersey personal income taxes. The fund invests primarily in a portfolio of long-term investment grade New Jersey municipal bonds. These bonds may be obligations of a variety of issuers including governmental entities in New Jersey and issuers located in Puerto Rico, the U.S. Virgin Islands and Guam. It normally invests at least 80% of assets in New Jersey municipal bonds. Under normal conditions, the fund?s weighted average maturity is more than ten years. It is nondiversified. | | | Fund Profile |
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