The investment seeks the highest level of current income exempt from federal and New Jersey state income taxes as is consistent with the preservation of capital.
The fund invests at least 80% of assets in investment grade municipal securities that pay interest that is exempt from federal and New Jersey state income taxes. The principal issuers of these securities are state and local governments and their agencies located in New Jersey, as well as in Puerto Rico and other U.S. territories and possessions. The sub-adviser strives to maintain an average weighted portfolio maturity of three to ten years. It is non-diversified.
Links:  http://www.globalfunddata.com/funds/new/performance/management?variant=SEI
 http://www.globalfunddata.com/funds/new/performance/domicile?variant=United States
 http://www.globalfunddata.com/funds/new/performance/fund_administrator?variant=SEI Investments Global Funds Services
 http://www.globalfunddata.com/funds/new/performance/strategy?variant=Muni New Jersey
 http://www.globalfunddata.com/funds/new/performance/structure?variant=Open Ended Investment Company
 http://www.globalfunddata.com/funds/new/performance/city?variant=Oaks___United States
 http://www.globalfunddata.com/funds/new/performance/country?variant=United States
 http://www.globalfunddata.com/funds/new/performance/custodian?variant=U.S. Bank National Association
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