T. Rowe Price New Jersey Tax-Free Bond Fund (NJTFX)
Ticker Symbol:
NJTFX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Composition
Asset Allocation
as of 06/30/2015
Volatility and Other Measures
as of 06/30/2015
Beta 1.14
0.99
Standard Deviation 4.15
Credit Quality Diversification1
as of 06/30/2015
% of Total Net Assets
AAA 5.6%
AA 22.4%
A 58.0%
BBB 9.1%
BB 0.1%
B 1.8%
Not Rated 3.1%
1Sources: Moody's Investors Service; if Moody's does not rate a security, then Standard & Poor's (S&P) is used as a secondary source. When available, T. Rowe Price will use Fitch for securities that are not rated by Moody's or S&P. T. Rowe Price may deviate from this hierarchy for prerefunded securities, which are categorized using the most recent rating from Moody's, S&P, or Fitch when it reflects the issue's current prerefunded status.
Modified Duration to Worst
as of 06/30/2015
4.86 years
Weighted Avg. Maturity
as of 08/04/2015
15.92 years
10 Largest Holdings
Represents 15.92 % of Total Net Assets
View Holdings as of:
Coupon % Maturity
DE RIV PORT AUTH PA & NJ 5.000 01/01/2040
DE RVR & BAY AUTH REV SR C 5.000 01/01/2028
MERCER CNTY-REF 5.000 05/01/2028
NJ EDL KEAN UNIV REF SR A 5.500 09/01/2036
NJ HLTH CARE CATHOLIC HLTH E 4.750 11/15/2029
NJ HLTH FACS ROBERT WOOD JOHNSON 5.000 07/01/2031
NJ INST OF TECHNOLOGY SR A 5.000 07/01/2042
NJ ST TPK AUTH REV SER E 5.250 01/01/2040
NJ ST TRNPK AUTH SR A 5.000 01/01/2043
NJ ST TRNSPRTN TRUST FND SR B 5.500 06/15/2031
As of 06/30/2015 the New Jersey Tax-Free Bond Fund had a total of 169 holdings.
Bond Maturity Diversification2
  as of 06/30/2015
% of Total Net Assets
0 - 1 YRS 2.6%
1 - 5 YRS 9.5%
5 - 10 YRS 9.1%
10 + YRS 78.7%
2Total may not equal 100% due to rounding.
Sector Diversification
as of 06/30/2015
% of Total Net Assets
Tax-Free Revenue 81.8%
Tax-Free Gen. Obligations 11.6%
Tax-Free US Government 5.4%
See Glossary for additional details on all data elements.