BNY Mellon New Jersey Municipal Bond Fund, Inc. (DNMIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.75
+0.02 (0.17%)
Oct 10, 2025, 4:00 PM EDT
0.17%
Fund Assets294.13M
Expense Ratio0.60%
Min. Investment$1,000
Turnover20.81%
Dividend (ttm)0.35
Dividend Yield2.98%
Dividend Growth3.08%
Payout FrequencyMonthly
Ex-Dividend DateSep 30, 2025
Previous Close11.73
YTD Return0.71%
1-Year Return1.01%
5-Year Return2.54%
52-Week Low11.11
52-Week High12.00
Beta (5Y)n/a
Holdings117
Inception DateDec 15, 2008

About DNMIX

The BNY Mellon New Jersey Municipal Bond Fund, Inc. Class I is a municipal bond mutual fund focused on providing federally and New Jersey state tax-exempt income. Its primary purpose is to invest at least 80% of its assets in municipal bonds issued by New Jersey entities, which finance a variety of public projects such as schools, transportation infrastructure, and utilities. By concentrating on New Jersey municipal debt, the fund delivers tax advantages for residents of the state, making it particularly appealing to investors seeking tax-efficient income. The fund is diversified across different maturities and credit qualities, balancing risk and return within the municipal bond sector. With an expense ratio of approximately 0.60% and assets exceeding $400 million, the fund holds a prominent role in the market segment dedicated to New Jersey municipal bonds, offering consistent access to high-quality tax-exempt fixed income for institutional and individual investors alike.

Fund Family BNY Mellon
Category Muni New Jersey
Stock Exchange NASDAQ
Ticker Symbol DNMIX
Share Class Class I
Index Bloomberg Municipal Bond TR

Performance

DNMIX had a total return of 1.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.69%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FNJHXFidelityFidelity New Jersey Municipal Income0.45%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
DNJYXClass Y0.56%
DZNJXClass Z0.67%
DRNJXClass A0.83%
DCNJXClass C1.60%

Top 10 Holdings

29.85% of assets
NameSymbolWeight
NEW JERSEY ST TRANSN TR FD AUTH 5%NJ.NJSTRN 5 06.15.20425.41%
NEW JERSEY ST TRANSN TR FD AUTHNJ.NJSTRN 0 12.15.20283.87%
TOBACCO SETTLEMENT FING CORP N J 5.25%NJ.TOBGEN 5.25 06.01.20463.26%
NEW JERSEY ST TPK AUTH TPK REV 5.25%NJ.NJSTRN 5.25 01.01.20503.23%
NEW JERSEY HEALTH CARE FACS FING AUTH REV 4%NJ.NJSMED 4 07.01.20512.69%
PORT AUTH N Y & N J 5%NY.PORTRN 5 11.15.20332.50%
NEW JERSEY HEALTH CARE FACS FING AUTH REV 4%NJ.NJSMED 4 07.01.20412.45%
RAHWAY VALLEY N J SEW AUTH SWR REVNJ.RHVUTL 0 09.01.20302.28%
NEW JERSEY HEALTH CARE FACS FING AUTH REV 5%NJ.NJSMED 07.01.20452.15%
NEW JERSEY ECONOMIC DEV AUTH SPL FAC REV 5%NJ.NJSDEV 5 10.01.20472.00%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Sep 30, 2025$0.02936Sep 30, 2025
Aug 29, 2025$0.0322Aug 29, 2025
Jul 31, 2025$0.03059Jul 31, 2025
Jun 30, 2025$0.02765Jun 30, 2025
May 30, 2025$0.03061May 30, 2025
Apr 30, 2025$0.02831Apr 30, 2025
Full Dividend History