First Investors Tax Exempt NJ A LW  FINJX.LW
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Muni New Jersey Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Avg Duration
   ---
   Avg Credit Quality
   ---
As of 2009-09-30
Day Change
$ 0.02
  
NAV (2009-11-20)
$ 12.97
  
YTD Return % (2009-11-20)
11.74%
  
Total Assets ($ mil)
54
View Data Definitions
  Performance    
Growth of $10,000 Fund: First Investors Tax Exempt NJ A LW
(from 1999-01-01 to 2009-10-31) Category: Muni New Jersey
Index: Barcap Municipal!
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 1988-09-13 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-20
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 11.74 11.60 4.45 4.04 4.92 5.91
+/- Category -4.63 -2.56 1.97 0.76 0.20 ---
+/- Barcap Municipal! --- --- --- --- --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 14.02 16.44 5.42 4.42 5.10 6.06
Month-End (as of 2009-10-31) 11.13 13.20 4.31 3.73 4.92 5.91
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 13.19 4.25 3.70 4.84 ---
On Distribution & Sale of Shares --- 10.08 4.23 3.74 4.80 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 64 funds), (5 yrs : out of 56 funds), (10 yrs : out of 48 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is none.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
General Obligations 4.55
Advance Refunded 7.18
State Appropriated Tobacco ---
Non-state Appropriated Tobacco ---
Education 5.06
Health ---
Housing 3.76
Industrial ---
Transportation 4.95
Utilities 6.93
Water/Sewer ---
Misc. Revenue 67.56
Bond Quality % of Bonds
AAA ---
AA ---
A ---
BBB ---
BB ---
B ---
Below B ---
Not Rated ---
 
Asset Allocation
% of Net Assets
Cash 1.1
Stocks 0.0
Bonds 98.9
Other 0.0
Foreign Stocks 0.0
(as a % of Assets)
Data through 2009-09-30 Data through 2009-09-30
 
Holding Status
Total Number of Stock Holdings Turnover % 37
Total Number of Bond Holdings 41 30 Day SEC Yield % 3.95
% of Assets in Top 10 Holdings 38.78 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Maturity
Date		 Amount
$000		 Value
$000		 % of Net
Assets
Atlantic Cnty N J Impt Auth 7.4% 2016-07-01 2,500 3,049 5.52
New Jersey St Hsg & Mtg Fin Ag Si 6.375% 2028-10-01 2,500 2,802 5.08
Newark N J Hsg Auth 6.75% 2038-12-01 2,000 2,297 4.16
Puerto Rico Sales Tax Fing Cor Rev 5.75% 2037-08-01 2,000 2,169 3.93
Atlantic City N J Brd Ed Ref Bds 6.1% 2015-12-01 1,750 2,161 3.91
New Jersey Health Care Facs Fi Rev 5.25% 2031-01-01 2,000 2,138 3.87
Cape May Cnty N J Indl Pollutn Poll 6.8% 2021-03-01 1,665 2,085 3.78
New Jersey Health Care Facs Fi Rev Bd 6% 2014-07-01 1,500 1,725 3.12
Cumberland Cnty N J Impt Auth 5.125% 2025-01-01 1,500 1,664 3.01
Garden St N J Preservation Tr Open 5.75% 2028-11-01 1,000 1,323 2.40
Data through 2009-09-30
  Other Information
Fund Inception: 1988-09-13
Portfolio Manager  (Start Date)
Clark D. Wagner  (1991-07-01)
Wagner is a member of the Municipal Forum of New York and the Municipal Bond Buyers Conference. He is a contributor to the Handbook of Municipal Bonds.
Sales Charge %
(taken from prospectus dated 2009-05-26)
Front: None
Deferred: None
Expense Ratio % 0.95
based on net assets
(taken from annual report dated 2007-12-31)
Correspondence Information
110 Wall Street

New York,  NY  10005
United States
Telephone:
800-423-4026
212-858-8000
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.