Frequently Asked Questions About NJTFX

What are the top holdings of NJTFX?

A machine-readable holdings disclosure for T. Rowe Price New Jersey Municipal Bond (NJTFX) is not available from our data sources. Fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.

What sectors does NJTFX invest in?

T. Rowe Price New Jersey Municipal Bond (NJTFX) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.

What sector is NJTFX most exposed to?

NJTFX's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.

Is NJTFX a US-only fund?

The country allocation card on this page shows NJTFX's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.

What does NJTFX invest in?

The fund's primary objective is to generate the highest possible income, specifically structured to be exempt from both federal and New Jersey state income taxes, all while adhering to rigorous portfolio management standards. This is accomplished by predominantly allocating its capital to investment-grade municipal debt securities issued within the state of New Jersey. Under normal market conditions, a substantial minimum of 80% of its net assets (including any borrowings for investment purposes) will be invested in fixed-income securities generating interest exempt from both federal and New Jersey state income taxes; consequently, at least 80% of the fund's overall income is anticipated to be exempt from these same federal and state levies. It operates as a non-diversified investment vehicle.

NJTFX

T. Rowe Price New Jersey Municipal Bond

NASDAQ·Asset Management, Bonds · Financial Services

$10.98$0.03+0.27%

Market closed·Oct 23 4:00 PM EDT

Portfolio as of February 28, 2026, from the fund's SEC Form N-PORT filing. Funds disclose holdings quarterly, with a ~60-day publication delay. Sector breakdowns aren't part of this filing, so none is shown.

Top Holdings

227

holdings

646140DD2
NJ ST TURNPIKE AUTH REV SER A
2.40%
645790FR2
NJ HLTHCARE FACS RWJ BARNABAS OBL SER A
2.21%
645790LP9
NJ HLTH CARE FAC INSPIRA OBLI GRP SER A
2.15%
6459182D4
NJ ECON DEV AUTH GOETHALS BRIDGE AMT
2.02%
443730MH6
HUDSON CO NJ VO TECH SCHS SECURED
1.59%
645790KE5
NJ ST HLTH CARE HACKENSACK MERIDN SER A
1.49%
646067GY8
NJ ST EDU PRINCETON UNI REV BONDS SER B
1.44%
73358WS96
PORT AUTH NY & NJ REF SER 207 AMT
1.37%
64613CCL0
NJ ST TRNSPRTN TRST FND AUTH SER CC PRE
1.28%
888808HT2
TOB SETTLE FING CORP NJ SER B
1.27%
Other
217 more holdings
82.03%

Top 10 holdings

17.21%

Top 25 holdings

32.60%

Concentration index

0.0080

Effective holdings

124

Chart tools

Open Top Holdings in Chart Builder to fine-tune colors, labels, and timeframe, then download a high-res PNG.

All Holdings (227)

#	TickerHolding	Name	Weight	Shares	Market Value
1	646140DD2646140DD2NJ ST TURNPIKE AUTH REV SER A	NJ ST TURNPIKE AUTH REV SER A	2.40%	8.87M	$9.09M
2	645790FR2645790FR2NJ HLTHCARE FACS RWJ BARNABAS OBL SER A	NJ HLTHCARE FACS RWJ BARNABAS OBL SER A	2.21%	8.33M	$8.37M
3	645790LP9645790LP9NJ HLTH CARE FAC INSPIRA OBLI GRP SER A	NJ HLTH CARE FAC INSPIRA OBLI GRP SER A	2.15%	8.00M	$8.15M
4	6459182D46459182D4NJ ECON DEV AUTH GOETHALS BRIDGE AMT	NJ ECON DEV AUTH GOETHALS BRIDGE AMT	2.02%	7.63M	$7.63M
5	443730MH6443730MH6HUDSON CO NJ VO TECH SCHS SECURED	HUDSON CO NJ VO TECH SCHS SECURED	1.59%	6.00M	$6.01M
6	645790KE5645790KE5NJ ST HLTH CARE HACKENSACK MERIDN SER A	NJ ST HLTH CARE HACKENSACK MERIDN SER A	1.49%	5.50M	$5.64M
7	646067GY8646067GY8NJ ST EDU PRINCETON UNI REV BONDS SER B	NJ ST EDU PRINCETON UNI REV BONDS SER B	1.44%	5.01M	$5.46M
8	73358WS9673358WS96PORT AUTH NY & NJ REF SER 207 AMT	PORT AUTH NY & NJ REF SER 207 AMT	1.37%	5.00M	$5.19M
9	64613CCL064613CCL0NJ ST TRNSPRTN TRST FND AUTH SER CC PRE	NJ ST TRNSPRTN TRST FND AUTH SER CC PRE	1.28%	4.00M	$4.83M
10	888808HT2888808HT2TOB SETTLE FING CORP NJ SER B	TOB SETTLE FING CORP NJ SER B	1.27%	4.85M	$4.80M
11	476576WU3476576WU3JERSEY CITY-BAM	JERSEY CITY-BAM	1.24%	4.60M	$4.71M
12	64579F8G164579F8G1NJ ST HCFFA PRINCETON HLTH SYS SER A	NJ ST HCFFA PRINCETON HLTH SYS SER A	1.20%	4.54M	$4.56M
13	476576WT6476576WT6JERSEY CITY-BAM	JERSEY CITY-BAM	1.20%	4.38M	$4.54M
14	64577BHW764577BHW7NJ ST EDA PROV GRP ROWAN UNIV HSG SR A	NJ ST EDA PROV GRP ROWAN UNIV HSG SR A	1.18%	4.50M	$4.47M
15	834666MS5834666MS5SOMERSET CO NJ IMPT AUTH REF CNTY LEASE	SOMERSET CO NJ IMPT AUTH REF CNTY LEASE	1.04%	4.00M	$3.94M
16	64577B5Y664577B5Y6NJ ST EDA REV REF CRANES MILL PROJ	NJ ST EDA REV REF CRANES MILL PROJ	1.04%	4.00M	$3.92M
17	64613CEX264613CEX2NJ ST TRNSPRTN TRST FUND AUTH SER A	NJ ST TRNSPRTN TRST FUND AUTH SER A	1.03%	3.50M	$3.90M
18	6460666J46460666J4NJ ST EDU FACS STEVENS INST GRN SER A	NJ ST EDU FACS STEVENS INST GRN SER A	1.03%	3.80M	$3.89M
19	645790QE9645790QE9NJ HLTHCARE FACS RWJ BARNABAS OBL SER A	NJ HLTHCARE FACS RWJ BARNABAS OBL SER A	1.01%	5.00M	$3.83M
20	646127FN5646127FN5NJ ST HSG & MTGE FIN AGT MF REV SER B	NJ ST HSG & MTGE FIN AGT MF REV SER B	1.00%	3.43M	$3.77M

Showing 20 of 227

Sectors

The fund issuer's factsheet may carry this breakdown directly.

Countries

countries

United States
93.30%
Puerto Rico
5.59%
Guam
0.36%

Top 3 countries

99.25%

Top 5 countries

99.25%

Concentration index

0.8869

Effective countries

Chart tools

Open Country Allocation in Chart Builder to fine-tune colors, labels, and timeframe, then download a high-res PNG.

Asset Classes

Primary asset class

Fixed income

Strategy

Actively Managed

Income strategy

Bond yield

Issuer-reported asset class: Bond

Frequently Asked Questions About NJTFX

What are the top holdings of NJTFX?: A machine-readable holdings disclosure for T. Rowe Price New Jersey Municipal Bond (NJTFX) is not available from our data sources. Fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.
What sectors does NJTFX invest in?: T. Rowe Price New Jersey Municipal Bond (NJTFX) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
What sector is NJTFX most exposed to?: NJTFX's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
Is NJTFX a US-only fund?: The country allocation card on this page shows NJTFX's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
What does NJTFX invest in?: The fund's primary objective is to generate the highest possible income, specifically structured to be exempt from both federal and New Jersey state income taxes, all while adhering to rigorous portfolio management standards. This is accomplished by predominantly allocating its capital to investment-grade municipal debt securities issued within the state of New Jersey. Under normal market conditions, a substantial minimum of 80% of its net assets (including any borrowings for investment purposes) will be invested in fixed-income securities generating interest exempt from both federal and New Jersey state income taxes; consequently, at least 80% of the fund's overall income is anticipated to be exempt from these same federal and state levies. It operates as a non-diversified investment vehicle.

TickerHolding

Name

Weight

Market Value

646140DD2646140DD2NJ ST TURNPIKE AUTH REV SER A

NJ ST TURNPIKE AUTH REV SER A

2.40%

8.87M

$9.09M

645790FR2645790FR2NJ HLTHCARE FACS RWJ BARNABAS OBL SER A

NJ HLTHCARE FACS RWJ BARNABAS OBL SER A

2.21%

8.33M

$8.37M

645790LP9645790LP9NJ HLTH CARE FAC INSPIRA OBLI GRP SER A

NJ HLTH CARE FAC INSPIRA OBLI GRP SER A

2.15%

8.00M

$8.15M

6459182D46459182D4NJ ECON DEV AUTH GOETHALS BRIDGE AMT

NJ ECON DEV AUTH GOETHALS BRIDGE AMT

2.02%

7.63M

$7.63M

443730MH6443730MH6HUDSON CO NJ VO TECH SCHS SECURED

HUDSON CO NJ VO TECH SCHS SECURED

1.59%

6.00M

$6.01M

645790KE5645790KE5NJ ST HLTH CARE HACKENSACK MERIDN SER A

NJ ST HLTH CARE HACKENSACK MERIDN SER A

1.49%

5.50M

$5.64M

646067GY8646067GY8NJ ST EDU PRINCETON UNI REV BONDS SER B

NJ ST EDU PRINCETON UNI REV BONDS SER B

1.44%

5.01M

$5.46M

73358WS9673358WS96PORT AUTH NY & NJ REF SER 207 AMT

PORT AUTH NY & NJ REF SER 207 AMT

1.37%

5.00M

$5.19M

64613CCL064613CCL0NJ ST TRNSPRTN TRST FND AUTH SER CC PRE

NJ ST TRNSPRTN TRST FND AUTH SER CC PRE

1.28%

4.00M

$4.83M

888808HT2888808HT2TOB SETTLE FING CORP NJ SER B

TOB SETTLE FING CORP NJ SER B

1.27%

4.85M

$4.80M

476576WU3476576WU3JERSEY CITY-BAM

JERSEY CITY-BAM

1.24%

4.60M

$4.71M

64579F8G164579F8G1NJ ST HCFFA PRINCETON HLTH SYS SER A

NJ ST HCFFA PRINCETON HLTH SYS SER A

1.20%

4.54M

$4.56M

476576WT6476576WT6JERSEY CITY-BAM

JERSEY CITY-BAM

1.20%

4.38M

$4.54M

64577BHW764577BHW7NJ ST EDA PROV GRP ROWAN UNIV HSG SR A

NJ ST EDA PROV GRP ROWAN UNIV HSG SR A

1.18%

4.50M

$4.47M

834666MS5834666MS5SOMERSET CO NJ IMPT AUTH REF CNTY LEASE

SOMERSET CO NJ IMPT AUTH REF CNTY LEASE

1.04%

4.00M

$3.94M

64577B5Y664577B5Y6NJ ST EDA REV REF CRANES MILL PROJ

NJ ST EDA REV REF CRANES MILL PROJ

1.04%

4.00M

$3.92M

64613CEX264613CEX2NJ ST TRNSPRTN TRST FUND AUTH SER A

NJ ST TRNSPRTN TRST FUND AUTH SER A

1.03%

3.50M

$3.90M

6460666J46460666J4NJ ST EDU FACS STEVENS INST GRN SER A

NJ ST EDU FACS STEVENS INST GRN SER A

1.03%

3.80M

$3.89M

645790QE9645790QE9NJ HLTHCARE FACS RWJ BARNABAS OBL SER A

NJ HLTHCARE FACS RWJ BARNABAS OBL SER A

1.01%

5.00M

$3.83M

646127FN5646127FN5NJ ST HSG & MTGE FIN AGT MF REV SER B

NJ ST HSG & MTGE FIN AGT MF REV SER B

1.00%

3.43M

$3.77M