Franklin New Jersey Tax Free Income Fund Class C
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Fund Information
Fund Type
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Open/Closed to New Investors
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Cash
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Company Information
Provider
Franklin Templeton Investments
Manager/Tenure
(Years)
(Years)
John Bonelli (4), Michael J. Conn (4), Christopher S. Sperry (4), 1 other
Website
Address
Franklin Templeton Investments
San Mateo CA - 94403
San Mateo CA - 94403
Country
United States
Phone Number
650-312-2000
Investment Strategy
The investment 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 as is consistent with prudent investment management and the preservation of shareholders' capital. The fund invests at least 80% of its net assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax. It also may invest up to 35% of its total assets in municipal securities issued by U.S. territories.