Morningstar

Franklin New Jersey Municipal Income ETF FTNJ

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub

Morningstar’s Analysis FTNJ

Will FTNJ outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FTNJ’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FTNJ management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FTNJ’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Franklin New Jersey Municipal Income ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings FTNJ

More FTNJ Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW JERSEY HEALTH CARE FACS FING AUTH 1.75%

3.20 6M
municipal

NEW JERSEY ST TRANSN TR FD AUTH 5.25%

2.68 5M
municipal

PORT AUTH N Y & N J 6.125%

2.67 5M
municipal

Putnam Government Money Market P

2.11 4M
Cash and Equivalents

NEW JERSEY HEALTH CARE FACS FING AUTH REV 5.25%

1.82 3M
municipal

HUDSON CNTY N J IMPT AUTH LEASE REV 3%

1.71 3M
municipal

NEW JERSEY ST EDL FACS AUTH REV 5.25%

1.66 3M
municipal

GLOUCESTER CNTY N J IMPT AUTH REV 5%

1.60 3M
municipal

NJ TRANSPRTN TRUST-AA 5 6/15/2056

1.56 3M
municipal

DELAWARE RIV JT TOLL BRDG COMMN PA BRDG REV 5.25%

1.43 3M
municipal

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