BNY Mellon New Jersey Municipal Bond Fund, Inc. (DZNJX)
| Fund Assets | 285.89M |
| Expense Ratio | 0.67% |
| Min. Investment | $1,000 |
| Turnover | 20.81% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 2.90% |
| Dividend Growth | 2.47% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 11.70 |
| YTD Return | 0.27% |
| 1-Year Return | 0.25% |
| 5-Year Return | 1.39% |
| 52-Week Low | 11.11 |
| 52-Week High | 12.01 |
| Beta (5Y) | 0.25 |
| Holdings | 118 |
| Inception Date | Jun 7, 2007 |
About DZNJX
BNY Mellon New Jersey Municipal Bond Fund, Inc. Class Z is an open‑end municipal bond mutual fund focused on generating tax‑exempt income for investors subject to U.S. federal and New Jersey state income taxes. The fund primarily invests in debt issued by New Jersey state and local entities, financing public projects such as transportation, health care facilities, and infrastructure, with notable exposure to issuers like the New Jersey Transportation Trust Fund Authority, the New Jersey Turnpike Authority, and the Port Authority of New York and New Jersey. Positioned within the New Jersey municipal category, it emphasizes preservation of capital while seeking a high level of current income, maintaining a portfolio largely composed of investment‑grade municipal securities. The strategy typically holds a diversified mix of revenue and general obligation bonds and keeps limited cash allocations, reflecting its income‑oriented mandate. Class Z is designated as an institutional share class with an expense ratio in the mid‑0.6% range and a modest turnover profile, aligning costs and trading activity with long‑term municipal bond investing. This fund serves investors looking for state‑specific tax efficiency and municipal market exposure.
Performance
DZNJX had a total return of 0.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.83%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FNJHX | Fidelity | Fidelity New Jersey Municipal Income | 0.45% |
Top 10 Holdings
29.77% of assets| Name | Symbol | Weight |
|---|---|---|
| NEW JERSEY ST TRANSN TR FD AUTH 5% | NJ.NJSTRN 5 06.15.2042 | 5.92% |
| NEW JERSEY ST TRANSN TR FD AUTH | NJ.NJSTRN 0 12.15.2028 | 3.72% |
| TOBACCO SETTLEMENT FING CORP N J 5.25% | NJ.TOBGEN 5.25 06.01.2046 | 3.16% |
| NEW JERSEY ST TPK AUTH TPK REV 5.25% | NJ.NJSTRN 5.25 01.01.2050 | 3.10% |
| NEW JERSEY HEALTH CARE FACS FING AUTH REV 4% | NJ.NJSMED 4 07.01.2051 | 2.58% |
| PORT AUTH N Y & N J 5% | NY.PORTRN 5 11.15.2033 | 2.42% |
| NEW JERSEY HEALTH CARE FACS FING AUTH REV 4% | NJ.NJSMED 4 07.01.2041 | 2.34% |
| Us Dollar | n/a | 2.26% |
| RAHWAY VALLEY N J SEW AUTH SWR REV | NJ.RHVUTL 0 09.01.2030 | 2.19% |
| NEW JERSEY HEALTH CARE FACS FING AUTH REV 5% | NJ.NJSMED 07.01.2045 | 2.08% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03148 | Aug 29, 2025 |
| Jul 31, 2025 | $0.030 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02693 | Jun 30, 2025 |
| May 30, 2025 | $0.03002 | May 30, 2025 |
| Apr 30, 2025 | $0.02779 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02697 | Mar 31, 2025 |