NNJAX Fees and Costs — Nuveen New Jersey Municipal Bond Fund, Class A
Data updated: 2026-07-24
The net expense ratio is 0.80%. This share class carries a maximum front-end sales load of 4.20%. Portfolio turnover was 15%.
NNJAX Fees and Expenses
Annual operating expenses and sales charges of NNJAX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.49% |
| 12b-1 fee | 0.20% |
| Other expenses | — |
| Gross expense ratio | 0.80% |
| Fee waiver | — |
| Net expense ratio | 0.80% |
| Sales charges | |
|---|---|
| Max front load | 4.20% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
NNJAX Costs Over Time
On $10,000 invested in NNJAX, assuming 5% a year before costs, total costs come to $1,017 over 5 years, cutting the return by 1.73% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $420 | $420 | $420 |
| Fund expenses (net expense ratio 0.80%) | $80 | $252 | $437 |
| Lost growth on money paid in costs | $21 | $79 | $160 |
| Total costs | $521 | $750 | $1,017 |
| Value after costs | $9,979 | $10,826 | $11,745 |
| Impact on return, per year | 5.21% | 2.32% | 1.73% |
NNJAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $123.9M
- Portfolio turnover (prospectus): 15%
- Securities lending: none during the year
NNJAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMorgan Securities LLC | $26.4M | 24.66% |
| ICE Securities Execution & Clearing, LLC | $17.9M | 16.76% |
| RBC Capital Markets, LLC | $12.7M | 11.88% |
| Jefferies LLC | $10.2M | 9.51% |
| Wells Fargo Securities, LLC | $9.2M | 8.59% |
| Raymond James & Associates Inc. | $8.6M | 8.07% |
| Robert W. Baird & Co. Incorporated | $6.7M | 6.29% |
| Loop Capital Markets LLC | $6.5M | 6.08% |
| Morgan Stanley | $5.2M | 4.86% |
| UBS Financial Services Inc. | $3.5M | 3.31% |
Nuveen New Jersey Municipal Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| NMNJX | Class I | 0.60% | none |
| NNJAX | Class A | 0.80% | 4.20% |
| NJCCX | Class C | 1.60% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.