| No headlines available for SNJLX. |
| | | Morningstar Overall Rating: |  | | Total Assets: | 52.33M | | Category: | Muni New Jersey | | Total Expense Ratio: | 1.28% |
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| PERFORMANCE & RISK | 31-Oct-09 |
| YTD Return: | 15.08% | | 5y Avg Return: | 4.08% | | Rank in Category (ytd): | 26 | | % Rank in Category (ytd): | 36.62% | | Beta (3y): | 0.89 | | Morningstar Risk Rating: | Below average |
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| The investment seeks high income exempt from regular federal and New Jersey state personal income taxes consistent with prudent investment management and capital preservation. The fund invests primarily in New Jersey municipal securities. It may invest up to 20% of assets in municipal securities and other investments whose interest may be subject to federal and/or New Jersey state personal income taxes. The fund focuses on investment-grade bonds but may invest up to 20% of assets in below investment-grade bonds. It is nondiversified. | | | Fund Profile |
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