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Muni New Jersey Category

Muni New Jersey portfolios invest at least 80% of assets in New Jersey municipal debt and can include long-, intermediate-, and short-duration portfolios. Because the income from these bonds is generally free from federal taxes and New Jersey state taxes, these portfolios are most appealing to residents of New Jersey.

Abbreviation: MJ

Broad Asset Class: Municipal Bond

Primary Index: Barclays Municipal Bond

Secondary Index: Barclays Municipal 10 Year (8-12) Bond