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ONJAX
Mutual Fund ticker: NASDAQ
AS OF
May 23 closing price
Price
$8.59
Change
+$0.01 (+0.12%)
Net Assets
282.16M

ONJAX Invesco New Jersey Municipal A Forecast, Technical & Fundamental Analysis

The investment seeks tax-free income... Show more

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A.I.Advisor
published Highlights

Industry description

The investment seeks tax-free income. Under normal market conditions, and as a fundamental policy, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in securities the income from which, in the opinion of counsel to the issuer of each security, is exempt from regular federal individual and, as applicable, the fund's state income tax. Additionally, under normal market conditions, it invests at least 80% of its net assets in New Jersey municipal securities, and in derivatives and other instruments that have economic characteristics similar to such securities. The fund is non-diversified.
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A.I. Advisor
published General Information

General Information

Category MuniNewJersey

Profile
Fundamentals
Details
Category
Muni New Jersey
Address
Oppenheimer Multi-state Municipal Trust6803 South Tucson WayCentennial
Phone
N/A
Web
www.oppenheimerfunds.com
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ONJAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, ONJAX has been closely correlated with ONJYX. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if ONJAX jumps, then ONJYX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ONJAX
1D Price
Change %
ONJAX100%
+0.12%
ONJYX - ONJAX
99%
Closely correlated
+0.12%
FNJQX - ONJAX
98%
Closely correlated
+0.10%
FNJRX - ONJAX
98%
Closely correlated
+0.20%
FNJZX - ONJAX
98%
Closely correlated
+0.20%
IORJX - ONJAX
97%
Closely correlated
+0.12%
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